Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Intimation of outcome of board meeting and unaudited financial results
Audit Opinion:
Clean limited review report - No qualifications or modifications. Auditors stated: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."
Key Financial Highlights [Amounts in lakhs of INR]:
Standalone Results:
Revenue from Operations: ₹2.01 lakh (Q1 FY27) vs ₹0 lakh (Q1 FY25) - No comparable data
Total Income: ₹2.01 lakh (Q1 FY27)
Net Profit: Loss of ₹66.42 lakh (Q1 FY27) vs Loss of ₹83.12 lakh (Q1 FY25) - 20.1% improvement YoY
EPS: Basic and Diluted EPS of (₹1.30) per share
Expense Breakdown:
Purchase of Stock-in-Trade: ₹33.54 lakh
Changes in inventories: (₹33.54) lakh
Employee benefits expense: ₹3.87 lakh (vs ₹4.00 lakh previous quarter)
Finance costs: ₹44.74 lakh (vs ₹46.87 lakh YoY)
Depreciation and amortization expense: ₹0.17 lakh
Other expenses: ₹19.19 lakh (vs ₹35.64 lakh YoY)
Total expenses: ₹67.97 lakh
Tax Expense:
Deferred tax: ₹0.46 lakh (Q1 FY27) vs ₹0.53 lakh (Q1 FY25)
Comparative Performance:
Quarterly Net Loss Trend: Q1 FY27: (₹66.42) lakh, Q4 FY26: (₹56.14) lakh, Q1 FY25: (₹83.12) lakh
Year-to-date Net Loss: ₹66.42 lakh (Apr-Jun 2026) vs ₹83.12 lakh (Apr-Jun 2025)
Full Year FY26 Net Loss: ₹257.40 lakh
Segment-wise Performance:
The company operates in a single segment: "Finishing of textile excluding khadi/handloom" with no separate reportable segments as per Ind AS 108.
Corporate Actions:
Not Specified
Other Significant Information:
- Depreciation on Plant & Machinery, Furniture & Fittings and Computers is not charged since assets are already stated at residual value
- Previous period figures have been regrouped/rearranged where necessary
- The main business is finishing of textiles excluding khadi/handloom