Unaudited Financial Results for the quarter ended on June 30, 2025
Awaiting price reaction for this filing.
The company reported unaudited standalone financial results for Q1 FY26. Revenue from operations stood at ₹2,465.85 lakhs, up about 23% from ₹2,000.54 lakhs in Q1 FY25 but lower sequentially versus ₹3,317.31 lakhs in Q4 FY25. The company slipped back into a loss with a net loss of ₹34.36 lakhs (EPS of ₹(1.25)), compared to a profit of ₹587.92 lakhs in Q4 FY25, though the loss narrowed sharply from ₹75.50 lakhs in Q1 FY25. The results include the contribution of a newly acquired fabric manufacturing unit (slump sale effective March 1, 2025), which contributed around 68% of Q1 revenue. The statutory auditor (Nenawati & Associates) issued an unqualified limited review report.
Short-term sentiment is mixed: strong YoY revenue growth is offset by a return to quarterly losses, signalling margin pressure despite scale expansion. Shareholders should watch whether the new fabric unit helps sustain profitability in coming quarters.