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Akshar Spintex Q2 FY27 results: net profit ₹0.30 crore vs ₹1.97 crore loss, revenue up 59.8%
Akshar Spintex Limited reported standalone revenue of ₹35.69 crore in Q2 FY27, up 59.8% from Q2 FY26, with EBITDA of ₹1.93 crore and a net profit of ₹0.30 crore. Profit before tax turned positive at ₹0.56 crore, while basic EPS was ₹0.004; against Q1 FY27, revenue rose but EBITDA and net profit declined.
Key points
- Revenue was ₹35.69 crore, up ₹13.35 crore or 59.8% from ₹22.34 crore in Q2 FY26.
- EBITDA was ₹1.93 crore, compared with a loss of ₹0.27 crore in Q2 FY26; EBITDA margin was 5.4% against -1.2%.
- Net profit was ₹0.30 crore versus a loss of ₹1.97 crore in Q2 FY26, while basic EPS was ₹0.004 against -₹0.02.
- Against Q1 FY27, revenue rose ₹5.76 crore to ₹35.69 crore, but net profit fell ₹0.30 crore to ₹0.30 crore.
- In H1 FY27, revenue was ₹65.62 crore, up 35.2%, and net profit was ₹0.90 crore compared with a loss of ₹3.20 crore in H1 FY26.
How did Akshar Spintex perform in Q2 FY27?
Akshar Spintex reported standalone revenue of ₹35.69 crore for Q2 FY27, up ₹13.35 crore or 59.8% from ₹22.34 crore in Q2 FY26. EBITDA was ₹1.93 crore, compared with a loss of ₹0.27 crore, while the EBITDA margin improved to 5.4% from -1.2%. Profit before tax was ₹0.56 crore versus a loss of ₹1.60 crore, and net profit was ₹0.30 crore versus a loss of ₹1.97 crore. Basic EPS was ₹0.004, compared with -₹0.02.
Against Q1 FY27, revenue increased ₹5.76 crore to ₹35.69 crore, while total income rose ₹5.82 crore to ₹36.33 crore. EBITDA fell ₹0.26 crore to ₹1.93 crore and its margin declined 1.9 percentage points to 5.4%. Profit before tax fell ₹0.48 crore to ₹0.56 crore, net profit fell ₹0.30 crore to ₹0.30 crore, and basic EPS fell from ₹0.01 to ₹0.004. The results are standalone; no consolidated figures were given.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 35.69 | 29.93 | 22.34 | +59.8% | +19.2% |
| Other income | 0.64 | 0.57 | 0.47 | +36.2% | +12.3% |
| Total expenses | 35.77 | 29.47 | 24.41 | +46.5% | +21.4% |
| EBITDA | 1.93 | 2.19 | −0.27 | turned to profit | −11.9% |
| EBITDA margin | 5.4% | 7.3% | -1.2% | +6.6 pp | −1.9 pp |
| Profit before tax | 0.56 | 1.04 | −1.60 | turned to profit | −46.2% |
| Tax | 0.26 | 0.44 | 0.37 | −29.7% | −40.9% |
| Net profit | 0.30 | 0.60 | −1.97 | turned to profit | −50.0% |
| EPS (₹) | 0.00 | 0.01 | −0.02 | turned to profit |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Akshar Spintex's costs and profit?
Total expenses rose ₹11.36 crore or 46.5% to ₹35.77 crore in Q2 FY26 comparison. Cost of materials increased ₹9.55 crore to ₹27.18 crore, employee costs rose ₹0.17 crore to ₹1.62 crore, depreciation rose ₹0.25 crore to ₹1.94 crore and other expenses rose ₹2 crore to ₹5.08 crore. Finance costs fell ₹0.04 crore to ₹0.07 crore. The company reported no exceptional item.
Other income increased ₹0.17 crore to ₹0.64 crore against Q2 FY26. Tax expense was ₹0.26 crore, down ₹0.11 crore from ₹0.37 crore. The filing does not state a reason for the changes in costs, other income or tax; it reports the quarter’s operating and profit figures and shows that total expenses rose alongside revenue.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 27.18 | 17.63 | +9.55 | +54.2% |
| Employee cost | 1.62 | 1.45 | +0.17 | +11.7% |
| Finance costs | 0.07 | 0.11 | −0.04 | −36.4% |
| Depreciation | 1.94 | 1.69 | +0.25 | +14.8% |
| Other expenses | 5.08 | 3.08 | +2 | +64.9% |
| Total expenses | 35.77 | 24.41 | +11.36 | +46.5% |
| Other income | 0.64 | 0.47 | +0.17 | +36.2% |
| Tax | 0.26 | 0.37 | −0.11 | −29.7% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
Profit before tax in the first half was ₹1.60 crore, compared with a loss of ₹3.33 crore in H1 FY26. Net profit was ₹0.90 crore against a loss of ₹3.20 crore, and basic EPS was ₹0.01 compared with -₹0.04. The filing states that the financial results were reviewed by the Audit Committee and approved by the Board on 27 October 2026.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 65.62 | 48.53 | +35.2% |
| Profit before tax | 1.60 | −3.33 | turned to profit |
| Net profit | 0.90 | −3.20 | turned to profit |
| EPS (₹) | 0.01 | −0.04 |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹93.93 crore, compared with ₹95.76 crore at 31 March 2026. Total equity was ₹81.79 crore against ₹80.86 crore, while borrowings fell to ₹4.41 crore from ₹5.03 crore. Cash was ₹0.07 crore compared with ₹0.02 crore. Inventories were ₹38.77 crore against ₹38.81 crore, trade receivables ₹2.46 crore against ₹5.13 crore, and trade payables ₹6.23 crore against ₹8.12 crore.
H1 FY27 operating cash flow was ₹6.16 crore, compared with ₹3.46 crore in H1 FY26. Investing cash flow was -₹6.18 crore against -₹4.02 crore, and financing cash flow was -₹0.77 crore against -₹1.28 crore. The company reported no capital expenditure for either period.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 93.93 | 95.76 |
| Total equity | 81.79 | 80.86 |
| Borrowings | 4.41 | 5.03 |
| Cash and equivalents | 0.07 | 0.02 |
| Inventories | 38.77 | 38.81 |
| Trade receivables | 2.46 | 5.13 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 6.16 | 3.46 |
| Cash from investing | −6.18 | −4.02 |
| Cash from financing | −0.77 | −1.28 |
| Capital expenditure | 0 | 0 |
Source: Company's results filing (XBRL).
How has Akshar Spintex done over the last 8 quarters?
Revenue increased in each of the last four quarters year on year. Across the available quarters, revenue was highest at ₹35.69 crore in Q2 FY27 and lowest at ₹22.34 crore in Q2 FY26. Q2 FY27 revenue was higher than the ₹29.93 crore reported in Q1 FY27.
Net profit moved from a loss of ₹3.79 crore in Q3 FY26 to a loss of ₹0.39 crore in Q4 FY26, then a profit of ₹0.60 crore in Q1 FY27 and ₹0.30 crore in Q2 FY27. The EBITDA margin improved from -14.8% in Q3 FY26 to 7.3% in Q1 FY27, before easing to 5.4% in Q2 FY27. Revenue and profit therefore moved higher in the latest quarter, while margin declined from the preceding quarter.
How did Akshar Spintex shares react?
After the filing, Akshar Spintex was up 2.4% five minutes after the results appeared. The stock was unchanged at 15 and 30 minutes, and also unchanged on the reaction day from its pre-results close. By the next day’s close it was unchanged from the pre-results close, while by the five-day close it was down 2.3% from that close.
The Other Textile Products industry median moved up 0.6% on the reaction day and 0.5% by the next-day close. Akshar Spintex therefore lagged the industry median by 0.6 percentage points on the reaction day and 0.5 percentage points by the next-day close; over five days, the stock’s relative performance was -4.4 percentage points. Earlier result-day moves included 2.0% on 21 May 2026, 1.8% on 10 May 2025, -7.4% on 14 February 2025 and -2.9% on 14 November 2024.
| After the filing | Stock | Other Textile Products median |
|---|---|---|
| 5 minutes | +2.4% | |
| 15 minutes | +0.0% | |
| 30 minutes | +0.0% | |
| Reaction day | +0.0% | +0.6% |
| Next day | +0.0% | +0.5% |
| 5 days | −2.3% | +2.1% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 7 August 2026 | +0.0% |
| 21 May 2026 | +2.0% |
| 13 February 2026 | +0.0% |
| 7 November 2025 | +0.0% |
| 7 August 2025 | +0.0% |
| 10 May 2025 | +1.8% |
| 14 February 2025 | −7.4% |
| 14 November 2024 | −2.9% |
Source: MarketPing price-reaction measurement.
How did other Other Textile Products companies do?
Among 61 Other Textile Products companies compared for the quarter, the median revenue growth was 22.4%. Akshar Spintex’s revenue growth was higher than that of 10 peers and lower than that of 51 peers. Of the 64 peers for which profit was compared, 43 reported higher profit.
| Akshar Spintex revenue growth (YoY) | +59.8% |
|---|---|
| Median of 61 other Other Textile Products companies | +22.4% |
| Companies with slower revenue growth than Akshar Spintex | 51 of 61 |
| Companies with faster revenue growth than Akshar Spintex | 10 of 61 |
| Companies whose net profit rose | 43 of 64 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Akshar Spintex's revenue in Q2 FY27?
Revenue from operations was ₹35.69 crore, up 59.8% from ₹22.34 crore in Q2 FY26 (standalone).
Did Akshar Spintex make a profit in Q2 FY27?
Yes. Net profit was ₹0.30 crore, against a net loss of ₹1.97 crore in Q2 FY26.
What was Akshar Spintex's EPS in Q2 FY27?
Basic earnings per share were ₹0.00, against a loss of ₹0.02 in Q2 FY26.
How did Akshar Spintex shares react to the Q2 FY27 results?
On the reaction day the stock moved +0.0% from the previous close; the median Other Textile Products stock moved +0.6%.
When did Akshar Spintex announce its Q2 FY27 results?
On 27 October 2026, in a filing to the NSE.
Sources
- Board Meeting Intimation for Prior Intimation Of Meeting Of The Board Of Directors Of AKSHAR SPINTEX LIMITED To Be Held On Tuesday 27Th October, 2026. (BSE, 19 October 2026) · PDF
- Outcome of Board Meeting (NSE, 27 October 2026) · PDF
- Integrated Filing- Financial (NSE, 27 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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