Submission of Un-Audited (standalone) financial results of Alstone Textiles (India) Limited for the quarter ended on 30th June, 2026 along with Limited Review Report thereon.
Awaiting price reaction for this filing.
Alstone Textiles submitted its unaudited standalone Q1 FY27 results (quarter ended 30 June 2026) along with the auditor's limited review report. Total income from operations collapsed to just Rs. 16.73 lakhs, compared with Rs. 177.58 lakhs in the same quarter last year — a drop of over 90%. Net profit after tax stood at only Rs. 6.49 lakhs (vs Rs. 175.34 lakhs in Q1 FY26), keeping EPS near zero. The auditor (VRSK & Associates) flagged an Emphasis of Matter, specifically noting that interest on loans given and taken has not been provided in the accounts. For full FY26, revenue was Rs. 1,058.67 lakhs, but the company posted a Rs. 300.40 lakh loss in Q4 FY26 before ending the year with an overall PAT of Rs. 288.25 lakhs. Paid-up equity capital remains Rs. 62,748 lakhs.
The near-total collapse in quarterly revenue combined with an auditor emphasis of matter on unprovided loan interest raises serious concerns about business activity and financial reporting quality, which is likely to weigh negatively on investor sentiment.