Key Financial Results

The Board of Directors approved the Unaudited Financial Results along with the Limited Review Report issued by the Statutory Auditors, M/s SRB & Associates, Chartered Accountants, for the quarter and half-year ended 30th September, 2026.

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from Operations: ₹7,505.48 lakhs (vs ₹6,680.08 lakhs in Q2 FY26) - 12.4% increase
  • Total Income: ₹7,550.26 lakhs (vs ₹6,682.56 lakhs in Q2 FY26)
  • Profit Before Tax: ₹379.06 lakhs (vs ₹191.19 lakhs in Q2 FY26) - 98.3% increase
  • Net Profit: ₹271.05 lakhs (vs ₹140.70 lakhs in Q2 FY26) - 92.6% increase
  • Basic & Diluted EPS: ₹8.92 (vs ₹4.63 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from Operations: ₹13,711.05 lakhs (vs ₹12,205.02 lakhs in H1 FY26) - 12.3% increase
  • Total Income: ₹13,758.13 lakhs (vs ₹12,219.96 lakhs in H1 FY26)
  • Profit Before Tax: ₹672.53 lakhs (vs ₹420.71 lakhs in H1 FY26) - 59.9% increase
  • Net Profit: ₹489.15 lakhs (vs ₹311.40 lakhs in H1 FY26) - 57.1% increase
  • Basic & Diluted EPS: ₹16.09 (vs ₹10.24 in H1 FY26)

Segment-wise Performance (Quarter Ended 30.09.2026)

Revenue Breakdown:

  • Hand Gloves: ₹4,105.76 lakhs (54.7% of total)
  • Garment: ₹2,738.42 lakhs (36.5% of total)
  • Others & traded items: ₹661.30 lakhs (8.8% of total)
  • Power generation: Minimal contribution

Segment Results:

  • Hand Gloves: ₹556.21 lakhs profit
  • Garment: ₹92.59 lakhs profit
  • Power generation: ₹(6.78) lakhs loss
  • Others & traded items: ₹(17.72) lakhs loss

Financial Position (as at 30.09.2026)

Assets:

  • Total Assets: ₹21,675.28 lakhs (vs ₹18,837.55 lakhs as at 31.03.2026)
  • Non-Current Assets: ₹5,795.93 lakhs
  • Current Assets: ₹15,879.35 lakhs (including Inventories of ₹10,740.24 lakhs)

Liabilities & Equity:

  • Total Equity: ₹9,961.24 lakhs
  • Non-Current Liabilities: ₹1,314.40 lakhs
  • Current Liabilities: ₹10,399.64 lakhs (including Borrowings of ₹6,579.13 lakhs)

Cash Flow Statement (Half-Year Ended 30.09.2026)

  • Cash Flow from Operating Activities: ₹280.89 lakhs
  • Cash Flow from Investing Activities: ₹(543.85) lakhs (mainly due to purchase of property, plant & equipment)
  • Cash Flow from Financing Activities: ₹287.70 lakhs (mainly from short-term secured loan proceeds)
  • Net Change in Cash & Cash Equivalents: ₹24.74 lakhs

Additional Information

  • The Board meeting commenced at 01:00 p.m. and concluded at 04:30 p.m. on 12th November, 2026.
  • The financial results were reviewed by the Audit Committee before Board approval.
  • The Statutory Auditors, M/s SRB & Associates, issued an unmodified limited review report.
  • Paid-up equity share capital remained unchanged at ₹304.00 lakhs (Face value of ₹10 each).
  • Figures for previous periods have been re-grouped and re-arranged for comparability.