Date: August 08, 2026 (Board approval date)
Financial Results (Standalone)
Q1 FY 2026-27 (June 30, 2026) financial performance compared to Q1 FY 2025-26 (June 30, 2025):
- Total Income: ₹8,734.36 lakhs (vs ₹6,799.37 lakhs in Q1 FY25-26)
- Total Expenses: ₹5,515.52 lakhs (vs ₹4,957.91 lakhs in Q1 FY25-26)
- Profit Before Tax: ₹3,218.84 lakhs (vs ₹1,841.46 lakhs in Q1 FY25-26)
- Net Profit After Tax: ₹2,506.10 lakhs, representing 75.9% YoY growth (vs ₹1,425.25 lakhs in Q1 FY25-26)
- Basic EPS: ₹9.45 per share (vs ₹5.38 per share in Q1 FY25-26)
- Other Income: ₹1,081.88 lakhs (vs ₹382.86 lakhs in Q1 FY25-26)
- EBITDA from Operations: ₹2,679 lakhs, representing 38.0% YoY growth (vs ₹1,941 lakhs in Q1 FY25-26)
Dividend Declaration
- Board declared an interim dividend of ₹0.50 per equity share
- Declaration made at board meeting held on August 08, 2026
Board Meeting Outcomes
- Board reviewed and approved unaudited standalone financial results for quarter ended June 30, 2026
- Board declared interim dividend of ₹0.50 per equity share
- Results filed with stock exchanges under Regulation 33 of SEBI (LODR) Regulations, 2015
Corporate Actions
- Post-quarter buyback completed: Up to 11.04 lakh shares at ₹250 per share
- Buyback reduces share count and reinforces confidence in growth trajectory
Management Commentary & Outlook
Industry Developments
- Recent easing of US tariffs has positively impacted Indian textile exporters
- Improved cost competitiveness and order visibility compared to same period last year
- India-UK Free Trade Agreement expected to be long-term positive for industry
- Agreement expected to gradually open preferential access to large export market
- Full benefits expected to be realized over coming years as trade flows adjust
Challenges
- Ongoing Middle East crisis continues to weigh on global logistics
- Shipping costs remain elevated
- Established trade routes are being disrupted
- Business volumes to Middle East region remain volatile for the quarter
Company Overview
Business Operations
- Manufacturer and exporter of value-added fabrics
- Products include fancy jacquards, novelty and fashion fabrics, home-textile and finished made-up
- Product range spans silky and jacquard fashion fabrics, tailoring fabrics, and casual fashion textiles
- Manufacturing processes include advanced weaving, dyeing, and finishing
- Serves apparel, home-furnishing, and occasion-specific fabric markets
Geographic Presence
- Exports to US, Europe, Middle East, Latin America, Africa, and Southeast Asia
- Works with leading retailers and brands worldwide