Key Financial Figures (₹ in lacs)

Income Statement Highlights for Quarter Ended June 30, 2026:

  • Total Income: ₹1,500.88 lacs (compared to ₹6,925.36 lacs in previous quarter ended March 31, 2026)
  • Revenue from Operations: ₹1,460.65 lacs (compared to ₹6,906.40 lacs in previous quarter)
  • Cost of materials consumed: ₹241.21 lacs
  • Employee benefits expense: ₹386.36 lacs
  • Finance cost: ₹0.83 lacs
  • Other expenses: ₹70.51 lacs
  • Profit/(Loss) before exceptional items & tax: ₹(569.25) lacs loss
  • Exceptional items: Not applicable
  • Profit/(Loss) before tax: ₹(569.25) lacs loss
  • Tax expense: ₹(7.86) lacs
  • Net profit/(loss) for the period: ₹(561.39) lacs loss (₹5.61 crore)
  • Other comprehensive income: ₹(558.04) lacs
  • Total comprehensive income: ₹(558.04) lacs loss

Comparative Figures:

  • Previous quarter (March 31, 2026): Net profit of ₹2,194.17 lacs
  • Corresponding quarter previous year (June 30, 2025): Net loss of ₹(840.93) lacs

Segment-wise Performance (Quarter Ended June 30, 2026)

Segment Revenue:

  • Jute/Jute Diversified Products & Services: ₹1,349.11 lacs
  • Flax Products: ₹111.54 lacs
  • Others: Not applicable
  • Total Revenue from Operations: ₹1,460.65 lacs

Segment Results:

  • Jute/Jute Diversified Products & Services: ₹(497.26) lacs loss
  • Flax Products: ₹(111.38) lacs loss
  • Others: Not applicable
  • Sub-total: ₹(608.64) lacs loss

Segment Assets (as of June 30, 2026):

  • Jute/Jute Diversified Products & Services: ₹12,712.84 lacs
  • Flax Products: ₹4,239.90 lacs
  • Unallocated Assets: ₹863.41 lacs
  • Total Assets: ₹17,816.15 lacs

Segment Liabilities (as of June 30, 2026):

  • Jute/Jute Diversified Products & Services: ₹1,054.72 lacs
  • Flax Products: ₹5,580.47 lacs
  • Unallocated Liabilities: ₹1,977.15 lacs
  • Total Liabilities: ₹8,612.34 lacs

Operational Highlights

  • Yarn unit and Libra carpet Unit at Choudwar, Cuttack Odisha remain under suspension of work
  • Weaving units at Rishra and Konnagar continue under suspension of work
  • After requisite renovation, Yarn and Fine Yarn unit at Rishra and Jagatdal have commenced production subsequent to quarter-end
  • Wellington jute mill at Rishra has commenced production subsequent to quarter-end
  • Company facing volatile raw jute market conditions despite bumper crop

Auditor Qualifications

M/s G Basu & Co, Chartered Accountants issued a qualified review report noting: "except for unquantified depletion in inventory, nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Management Commentary on Inventory

Due to prolonged suspension of work, quality of inventories have undergone substantial depletion, quantum thereof is not readily ascertainable. This contributes to quarterly deficit in financial results.

Capital Structure

  • Paid-up equity share capital: Face value of ₹5/- each (amount not specified)
  • Earnings Per Share: Not annualized, figures not provided