Key Financial Results (Quarter Ended 30.09.2026)
Revenue & Income:
- Revenue from operations: ₹264.98 crore (compared to ₹199.64 crore in Q2 FY26, representing 33% growth)
- Other income: ₹3.01 crore
- Total income: ₹267.99 crore
Expenses:
- Cost of materials consumed: ₹143.39 crore
- Purchase of stock in trade: ₹2.59 crore
- Changes in inventories: ₹26.76 crore
- Employee benefits expense: ₹13.53 crore
- Finance costs: ₹2.40 crore
- Depreciation and amortization: ₹5.50 crore
- Other expenses: ₹37.95 crore
- Total expenses: ₹232.12 crore
Profitability:
- Profit before tax: ₹35.87 crore (compared to ₹21.61 crore in Q2 FY26)
- Tax expense: ₹8.99 crore (Current tax: ₹6.41 crore, Deferred tax: ₹2.58 crore)
- Net profit: ₹26.88 crore (compared to ₹15.94 crore in Q2 FY26)
- Earnings per share (basic and diluted): ₹46.95
Half Year Performance (Six months ended 30.09.2026)
- Revenue from operations: ₹522.90 crore (compared to ₹391.62 crore in H1 FY26)
- Total income: ₹529.23 crore
- Profit before tax: ₹70.41 crore
- Tax expense: ₹17.83 crore
- Net profit: ₹52.58 crore
- Earnings per share: ₹91.84
Correction Notice
The company disclosed that in the original filing of unaudited financial results for the quarter/six months ended September 30, 2026, an error occurred in extracting figures for the comparative quarter ended September 30, 2025. Specifically, figures for June 30, 2025, were incorrectly extracted instead of September 30, 2025. The error has been rectified and refiled.
Shareholding Pattern (as of 30.09.2026)
- Public shareholding: 2,842,650 shares (49.65%)
- Promoter and promoter group shareholding: 2,882,350 shares (50.35%)
- No shares are pledged/encumbered
- Total shares outstanding: 5,725,000
Balance Sheet Highlights (as of 30.09.2026)
Assets:
- Property, plant and equipment: ₹303.66 crore
- Inventories: ₹437.45 crore
- Investments: ₹27.35 crore
- Trade receivables: ₹32.71 crore
- Cash and cash equivalents: ₹146.34 crore
- Other financial assets: ₹91.94 crore
- Other current assets: ₹64.35 crore
- Total assets: ₹1,129.08 crore
Liabilities and Equity:
- Equity share capital: ₹5.72 crore
- Other equity: ₹10,011.70 crore
- Total equity: ₹10,068.90 crore
- Non-current liabilities: ₹32.40 crore
- Current liabilities: ₹89.79 crore
- Total liabilities and equity: ₹1,129.08 crore
Cash Flow Statement (Half year ended 30.09.2026)
- Cash flow from operating activities: -₹0.65 crore
- Cash flow from investing activities: -₹16.07 crore
- Cash flow from financing activities: -₹5.35 crore
- Net decrease in cash: -₹22.07 crore
- Cash and equivalents at beginning: ₹168.41 crore
- Cash and equivalents at end: ₹146.34 crore
Additional Information
- Other expenditure includes foreign currency fluctuation loss of ₹1.58 crore (including MTM loss of ₹0.32 crore) and diminution in value of investments of ₹3.06 crore
- The company operates only in one segment: Textiles
- No subsidiary/associate/joint venture entities
- No investor complaints during the quarter
- The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 11, 2026
- The limited review was conducted by S. Krishnamoorthy & Co., Chartered Accountants