Board Meeting Details

The Board of Directors meeting was held on 28th July 2026, commencing at 10:30 AM and concluding at 12:40 PM. The trading window for designated persons remains closed until 30th July 2026.

Board Approvals

The Board inter-alia approved:

  • Unaudited financial results (Standalone and Consolidated) for the quarter ended 30th June 2026
  • Limited review report of auditors on standalone and consolidated results for the quarter ended 30th June 2026
  • Approval of Cost audit report for the financial year 2025-26
  • Appointment of Mr. B. Venkateswar, Bsc, FCMA (Membership no: 27622) as Cost Auditor for Financial Year 2026-27

Standalone Financial Results (Q1 FY27)

Income Statement (Rs. in lakhs):

  • Revenue from Operations: 2,013.39 (vs 2,118.00 in Q1 FY26)
  • Other Income: 135.59 (vs 40.43 in Q1 FY26)
  • Total Income: 2,148.97 (vs 2,158.44 in Q1 FY26)
  • Cost of materials consumed: 2,061.11
  • Employee benefits expense: 36.49
  • Finance costs: 18.48
  • Depreciation and amortization: 14.02
  • Other expenses: 76.02
  • Profit before tax: 132.23 (vs 271.92 in Q1 FY26)
  • Tax Expenses: 29.09
  • Net Profit for the period: 103.14 (vs 201.22 in Q1 FY26)
  • Basic EPS: ₹0.02 (vs ₹0.05 in Q1 FY26)
  • Diluted EPS: ₹0.02 (vs ₹0.05 in Q1 FY26)

Capital Structure:

  • Paid Up Share Capital: 5,782.10 lakh (vs 2,986.43 lakh in Q1 FY26)
  • Face value per share: ₹1.00
  • Weighted average number of shares: 544,142,930

Consolidated Financial Results (Q1 FY27)

Income Statement (Rs. in lakhs):

  • Total Income: 6,694.41
  • Total expenses: 6,336.70
  • Profit before tax: 357.71
  • Tax Expenses: 78.70
  • Net Profit for the period: 279.01
  • Profit attributable to owners: 279.01
  • Basic EPS: ₹0.05
  • Diluted EPS: ₹0.05

Rights Issue Transactions

During the quarter:

  • Allotted 7,461,117 partly paid-up rights equity shares on 21st May 2026 on receipt of final call money of ₹0.90 per share (including premium of ₹0.15 per share)
  • Allotted 126,288,840 partly paid-up rights equity shares on 21st May 2026 on receipt of final call money of ₹0.60 per share (including premium of ₹0.10 per share)
  • Forfeited 14,055,863 partly paid-up equity shares on 17th June 2026 due to non-payment of call monies:
  • 10,610,087 shares with ₹0.30 received per share (₹0.25 face value + ₹0.05 premium)
  • 3,445,776 shares with ₹0.60 received per share (₹0.50 face value + ₹0.10 premium)

Subsidiary Information

The consolidated results include:

  • Hylex Fashions Private Limited
  • Twenty Twenty Trading LLP

Subsidiaries contributed unaudited net profit after tax of ₹175.87 lakh for the quarter.

Auditor Review

Balaji & Thulasiraman, Chartered Accountants issued unmodified limited review reports for both standalone and consolidated financial results dated 28th July 2026.

Additional Information

  • The company is predominantly engaged in manufacturing, selling and distribution of fabrics, hosiery garments
  • No separate reportable operating segments as per Ind AS 108
  • No investor complaints pending as of 30th June 2026

Cost Auditor Appointment

Mr. B. Venkateswar appointed as Cost Auditor for FY 2026-27. He holds membership of Institute of Cost and Works Accountants of India with over 25 years of experience in cost auditing, cost records maintenance, costing MIS and managing audit.