Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results (Standalone and Consolidated)

Date of Board Meeting / Approval: 14th August, 2026

Audit Opinion: Qualified Conclusion

Auditor's Comment: The auditors issued a qualified conclusion due to: (1) Non-provision of interest (dividend) on cumulative redeemable preference shares for the quarter ended 30.06.2026 amounting to ₹9.01 lakhs (cumulative ₹1,092.88 lakhs up to 30.06.2026), as the company is in process of settlement of remaining redeemable preference share capital; (2) Balances of trade payables and trade receivables are subject to confirmation and consequential adjustments, with impact not ascertainable. These matters were also qualified in previous periods.

Key Financial Highlights [₹ in Lakhs]

Standalone Results:

Revenue from Operations: ₹8,942.70 (Q1 FY27) vs ₹6,986.41 (Q1 FY26) - 28.0% YoY increase

Total Income: ₹9,218.63 (Q1 FY27) vs ₹7,161.39 (Q1 FY26)

Net Profit: ₹572.95 (Q1 FY27) vs ₹0.63 (Q1 FY26)

EPS: ₹1.65 (Q1 FY27) vs ₹0.0018 (Q1 FY26)

Other Equity: ₹11,154.13 (as of 31st March, 2026)

Consolidated Results:

Revenue from Operations: ₹8,661.69 (Q1 FY27) vs ₹6,986.41 (Q1 FY26)

Total Income: ₹8,933.53 (Q1 FY27) vs ₹7,161.39 (Q1 FY26)

Net Profit: ₹588.44 (Q1 FY27) vs ₹0.63 (Q1 FY26)

EPS (Basic): ₹1.69 (Q1 FY27) vs ₹0.0018 (Q1 FY26)

Other Equity: ₹11,062.39 (as of 31st March, 2026)

Segment-wise Performance:

The company is primarily engaged in the business of textile manufacturing which the management and CODM recognize as the sole business segment. Hence, disclosure of segment-wise information is not required and accordingly not provided.

Corporate Actions:

Not Specified

Other Significant Information:

  • The consolidated results include Modern Woollens UK Limited (a wholly owned foreign subsidiary) which started operations in the quarter ended 31st December, 2025.
  • The subsidiary contributed revenue of ₹512.24 lakhs and net profit of ₹46.19 lakhs for the quarter ended 30th June, 2026.
  • The figures for the quarter ended 30th June, 2025 pertain to the standalone financial results of the Holding Company only and do not include the financial information of the subsidiary.
  • The Board meeting commenced at 17:00 p.m. and concluded at 20:30 p.m. on 14th August, 2026.