Outcome of Board Meeting held on 14th November, 2025
Price
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Awaiting price reaction for this filing.
Texel Industries reported strong Q2 FY26 standalone results, with revenue from operations rising to ₹3,321.12 lakhs from ₹2,784.68 lakhs in Q2 FY25, and profit after tax climbing to ₹141.79 lakhs from ₹83.56 lakhs, a ~70% YoY jump. For the half-year (H1 FY26), the company posted revenue of ₹5,896.25 lakhs (vs ₹5,157.31 lakhs in H1 FY25) and turned around to a profit of ₹220.10 lakhs from a loss of ₹72.69 lakhs a year ago. EPS (basic) for Q2 was ₹1.07 vs ₹1.00 in Q2 FY25. The Technical Textile segment continues to dominate revenue, while the Land, Building & Property Development segment contributed a small ₹105 lakhs. Consolidated results include the wholly-owned subsidiary Texel Industries (Africa) Limited. Statutory auditors M/s Sunil Poddar & Co. issued an unmodified (clean) review opinion on both standalone and consolidated results.
Positive for shareholders — the company swung from a half-year loss to a healthy profit, with strong revenue and PAT growth. The clean audit opinion and continued profit momentum in the core Technical Textile segment support near-term investor confidence, though the small absolute size of profits suggests this remains a small-cap story.