Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Clean opinion. The independent auditor, Doogar & Associates, conducted a review and stated that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Auditor’s Comment:
No qualifications or modifications. The review provided moderate assurance that the financial results are free of material misstatement.
Key Financial Highlights [₹ in lacs]:
Standalone Results:
Revenue from Operations: ₹10,288.85 lakhs (Q1 FY26: ₹10,154.49 lakhs; YoY change: +1.32%)
Total Income: ₹10,351.85 lakhs
Net Profit: ₹905.30 lakhs (Q1 FY26: ₹712.82 lakhs; YoY change: +27.0%)
EPS: ₹1.06 (not annualized)
Other Equity: ₹8,565.01 lakhs
Consolidated Results:
Not Specified
Segment-wise Performance [₹ in lacs]:
Segment Revenue:
- Textiles: ₹6,816.19 lakhs
- Consumer Products: ₹5,801.60 lakhs
- Total Segment Revenue: ₹12,617.79 lakhs
- Less: Inter Segment Revenue: ₹2,328.94 lakhs
- Net Sales/Income from Operations: ₹10,288.85 lakhs
Segment Results (Earning/Loss before interest and tax):
- Textiles: ₹1,078.56 lakhs
- Consumer Products: ₹223.24 lakhs
- Total Segment Results: ₹1,301.80 lakhs
- Less: Finance Cost: ₹71.54 lakhs
- Less: Other un-allocable expenditure: Not specified amount
- Profit Before Tax: ₹1,230.26 lakhs
Segment Assets:
- Textile: ₹18,749.61 lakhs
- Consumer Products: ₹13,860.11 lakhs
- Unallocated: ₹713.37 lakhs
- Total Segment Assets: ₹33,323.09 lakhs
Segment Liabilities:
- Textile: ₹5,531.25 lakhs
- Consumer Products: ₹2,039.93 lakhs
- Unallocated: ₹1,320.41 lakhs
- Total Segment Liabilities: ₹8,891.59 lakhs
Corporate Actions:
- Dividend: Not declared
- The 43rd Annual General Meeting will be held on Monday, September 28, 2026.
Other Significant Information:
- The Garment Division was closed and its assets disposed of during the previous year ended March 31, 2026. Its results are presented as discontinued operations.
- An exceptional loss of ₹545.79 lakhs was recognized in Q1 FY26 on the remeasurement of assets classified as held for sale due to the closure of the Garments Undertaking.
- The proposed South African subsidiary will engage in manufacturing, marketing, trading, distribution, and sale of wet wipes and allied consumer products.
- Initial capital subscription for the subsidiary is up to ₹10,00,00,000 (Rupees Ten Crore) or equivalent in ZAR.