We Tried to file the quarterly results in the respective column continuously for the second quarter the website is not allowing us to file we tried several times but after giving OTP and ....
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Sri Nachammai Cotton Mills has filed unaudited results for the quarter and half year ended 30 September 2025. Q2 net sales rose about 20% year-on-year to ₹1,999.20 lakhs, but the company posted a pre-tax loss of ₹185.37 lakhs, wider than the ₹69.26 lakh loss in Q2 last year, hurt by weak yarn demand and a continued gap between cotton and yarn prices. A one-time exceptional income of ₹658.88 lakhs, arising from a substantial modification of the redeemable preference share terms (redemption period extended by 7 years under Ind AS 109), turned H1 FY26 into a notional net profit of ₹433.42 lakhs. Stripping out this non-cash accounting gain, the company would still be in operational losses for the half year. Power and fuel costs fell 24% YoY after the company expanded its captive solar capacity to 4 MW. The statutory auditor issued a clean (unqualified) limited review report.
The headline profit is misleading—it is entirely driven by a one-time, non-cash accounting adjustment, not real operating performance. Underlying business continues to bleed, which is a concern for shareholders despite decent topline growth in Q2.