BSEYarn Syndicate LtdMediumNeutral
Announced Thu, 13 Nov · 18:22 IST

Submission of Un-Audited Financial Results along with Limited Review Report thereon for the Quarter and Half Year ended on 30th September, 2025

Revenue DeclinePat NegativeEbitda Margin CompressionAuditor Mid Year ChangeRelated Party TransactionsResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Yarn Syndicate Ltd reported weak Q2 FY26 results, with standalone revenue from operations dropping sharply to Rs 1,594.46 lakhs from Rs 4,088.19 lakhs in Q2 FY25, a fall of around 61% year-on-year. Half-yearly revenue also declined to Rs 4,088.19 lakhs from Rs 4,961.42 lakhs. The company slipped back into a standalone loss of Rs 26.08 lakhs in Q2 FY26 versus a loss of Rs 208.94 lakhs in Q2 FY25, while H1 FY26 PAT stood at a loss of Rs 38.90 lakhs compared to a profit of Rs 137.15 lakhs in H1 FY25. On a consolidated basis, losses widened to Rs 642.09 lakhs in Q2 FY26, largely pulled down by the company's share of losses from associate Stitched Textile Ltd (Rs 377.12 lakhs). The auditor SSRV & Associates issued an unmodified limited review report, noting that the prior period comparatives were signed by a predecessor auditor, indicating a recent change of statutory auditor. Operating cash flow, however, turned positive at Rs 101.93 lakhs in H1 FY26 versus an outflow earlier.

Likely market impact

Shareholders should view this filing negatively given sharp revenue decline, return to losses at standalone level, and steep consolidated losses driven by the associate. However, the smaller standalone loss versus last year and positive operating cash flow offer some comfort, while the auditor change and substantial related-party transactions warrant closer scrutiny.