Outcome Of Meeting Of The Board Of Directors Held On Thursday, November 13, 2025
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The Board of Yarn Syndicate Ltd approved its Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2025. Standalone revenue from operations fell sharply to ₹1,594.46 lakhs in Q2 FY26 versus ₹4,088.19 lakhs in Q2 FY25, and the company slipped into a net loss of ₹307.62 lakhs compared to a profit of ₹98.68 lakhs a year ago. For H1 FY26, standalone net loss stood at ₹208.94 lakhs versus a profit of ₹137.15 lakhs in H1 FY25, with EPS turning negative at ₹(2.41). Consolidated results were even weaker, hit by losses from associate company Stitched Textiles Limited, bringing total comprehensive loss to ₹642.09 lakhs for the quarter. The Board also approved shifting the registered office within Gujarat (from Piplaj to Narol, Ahmedabad), effective November 14, 2025. Detailed related-party transaction disclosures include large dealings with promoter-linked entities such as Varvee Global Limited, Vax Enterprise, and Vaxtex Cotfab.
Sharp revenue decline and a swing into losses signal continued business stress for shareholders, likely weighing on the stock. The registered office shift is administrative and neutral, while the significant related-party transactions warrant close investor attention for any governance concerns.