Key Dates

  • Quarter Ended: June 30, 2026
  • Board Meeting Date: August 13, 2026
  • Meeting Duration: 11:30 a.m. to 12:35 p.m.
  • Submission Date to BSE: August 13, 2026

Financial Reporting Details

  • Results reviewed by Audit Committee and approved by Board of Directors
  • Limited review completed by statutory auditors M/s. Mahendra N. Shah & Co., Chartered Accountants (ICAI Firm Registration No.: 105775W)
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013
  • Prepared following Ind AS 34 "Interim Financial Reporting"
  • Company operates in single segment: "Manufacturing of Cotton yarn"

Auditor's Review

  • Independent review conducted under Standard on Review Engagement (SRE) 2410
  • Review provides moderate assurance that financial statements are free from material misstatement
  • Auditors concluded nothing came to their attention causing belief that statements contain material misstatements
  • Review is substantially less in scope than a full audit

Consolidated Results Specifics

  • Includes results of associate company: Eurotex Industries and Exports Limited
  • Company's share of net loss from associate: Rs. Nil
  • Company's share of total comprehensive loss from associate: Rs. Nil
  • Associate company's financial results reviewed by other auditors

Associate Company Status (Eurotex Industries & Exports Limited)

  • Manufacturing plants at Kolhapur discontinued operations since March 25, 2019
  • Closure announced on March 30, 2022 under Industrial Disputes Act, 1947
  • Closure due to labor issues and power disconnection
  • All lender bank dues settled (by borrowing from promoter group companies)
  • Net worth entirely eroded
  • Labor dues matter disposed by Supreme Court, with remedy sought in Mumbai High Court
  • Writ petition pending before Hon'ble High Court, Mumbai
  • Management planning future development of available land area, yarn trading, or other business activities
  • Financial statements prepared on going concern basis based on expected favorable decision and future positivities

Comparative Figures

  • Figures for previous quarters/year reclassified, regrouped and rearranged for comparability
  • Quarter ended March 31, 2026 figures are balancing figures between audited full year and published unaudited nine months ended December 31, 2025