Key Financial Figures (Quarter Ended June 30, 2026)

  • Revenue from operations: ₹376.14 lakh
  • Other Income: ₹31.35 lakh
  • Total Income: ₹407.49 lakh
  • Total Expenses: ₹477.40 lakh
  • Cost of material consumed: ₹241.42 lakh
  • Power and Fuel: ₹74.15 lakh
  • Employees benefit expenses: ₹65.16 lakh
  • Finance cost: ₹15.19 lakh
  • Depreciation and amortization expense: ₹26.17 lakh
  • Other expenses: ₹59.74 lakh
  • Loss before tax: ₹(69.91) lakh
  • Tax expense: Nil
  • Loss for the period: ₹(69.91) lakh
  • Other Comprehensive Income (net of tax): ₹(7.92) lakh
  • Total Comprehensive Income for the period: ₹(77.83) lakh
  • Paid-up Equity Share Capital (Face value of ₹10/- per share): ₹4,073.73 lakh
  • Earnings per equity share (not annualized):
  • Basic: ₹(0.17)
  • Diluted: ₹(0.17)

Comparative Financial Data

| Particulars | Q1 FY27 (30.06.2026) | Q4 FY26 (31.03.2026) | Q1 FY26 (30.06.2025) | FY26 (31.03.2026) |

| Revenue | ₹376.14 lakh | ₹333.08 lakh | ₹341.00 lakh | ₹1,386.08 lakh |

| Total Income | ₹407.49 lakh | ₹361.38 lakh | ₹344.00 lakh | ₹1,539.38 lakh |

| Loss before tax | ₹(69.91) lakh | ₹(175.13) lakh | ₹(133.00) lakh | ₹(807.64) lakh |

| Total Comprehensive Income | ₹(77.83) lakh | ₹(228.80) lakh | ₹(126.00) lakh | ₹(839.31) lakh |

Material Uncertainty Related to Going Concern

The company's auditors, Doogar & Associates, drew attention to a material uncertainty regarding the company's ability to continue as a going concern. The company has continuously incurred losses for several years, with a net loss of ₹77.83 lakh for the quarter ended June 30, 2026. Additionally, current liabilities exceed current assets as of June 30, 2026. The management believes the going concern basis is appropriate based on future business projections and mitigating factors dependent on operational performance improvement.

Fund Utilization from Preferential Issue

The company raised ₹10,76,56,250 (₹1076.56 lakh) through a preferential issue of 81,25,000 equity shares at ₹13.25 per share on November 28, 2025. The utilization as of June 30, 2026, is as follows:

| Purpose | Amount Allocated (₹ lakh) | Amount Utilized (₹ lakh) | Unutilized (₹ lakh) |

| Repay financial creditors (unsecured inter-corporate loans) | 255.00 | 255.00 | 0.00 |

| Pay dues of workmen/employees | 65.00 | 65.00 | 0.00 |

| Finance working capital requirements | 456.56 | 456.56 | 0.00 |

| Finance capital expenditure | 300.00 | 232.61 | 67.39 |

| Total | 1076.56 | 1009.17 | 67.39 |

There is no deviation/variation in the use of funds raised. The funds pending utilization for capital expenditure amount to ₹67.39 lakh.

Additional Information

  • The company has only one reportable business segment: Textile.
  • The company is not classified as a Large Corporate per SEBI circular dated November 26, 2018.
  • The trading window was closed from July 1, 2026, and will remain closed until 48 hours after the declaration of financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations.
  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors.
  • The statutory auditors conducted a limited review of the financial results.