Board Meeting Details
The Board of Directors meeting was held on August 1, 2026, commencing at 2:30 PM and concluding at 4:30 PM.
Financial Results - Quarter Ended June 30, 2026
Revenue and Expenses:
- Revenue from operations: ₹433.96 crore
- Total expenses: ₹417.39 crore
- Cost of materials consumed: ₹39,396.35 lakh (₹393.96 crore)
- Changes in inventories: ₹278.65 lakh (₹2.79 crore)
- Employee benefits expense: ₹39,337.2 lakh (₹393.37 crore)
- Finance cost: ₹874.03 lakh (₹8.74 crore)
- Depreciation and amortization: ₹2,358.28 lakh (₹23.58 crore)
- Power & fuel: ₹3,869.81 lakh (₹38.70 crore)
- Other expenses: ₹5,643.23 lakh (₹56.43 crore)
Profitability:
- Profit before exceptional items and tax: ₹43,982.2 lakh (₹439.82 crore)
- Exceptional items: ₹0.00
- Profit before tax: ₹43,982.2 lakh (₹439.82 crore)
Tax Expense:
- Current tax: ₹2,738.00 lakh (₹27.38 crore)
- Deferred tax: ₹(-115.00) lakh (₹-1.15 crore)
- Total tax expense: ₹2,623.00 lakh (₹26.23 crore)
Net Profit:
- Profit for the period: ₹17,359.2 lakh (₹173.59 crore)
- Other comprehensive income: ₹0.00
- Total comprehensive income: ₹17,359.2 lakh (₹173.59 crore)
Earnings Per Share:
- Basic & diluted EPS: ₹16.60 (not annualized)
Comparative Figures - Quarter Ended June 30, 2025 (Restated)
Revenue and Expenses:
- Revenue from operations: ₹414.65 crore (restated)
- Total expenses: ₹398.26 crore (restated)
Profitability:
- Profit before tax: ₹43,982.2 lakh (₹439.82 crore) (restated)
Tax Expense:
- Current tax: ₹1,516.00 lakh (₹15.16 crore) (restated)
- Deferred tax: ₹(-394.00) lakh (₹-3.94 crore) (restated)
- Total tax expense: ₹1,122.00 lakh (₹11.22 crore) (restated)
Net Profit:
- Profit for the period: ₹32,762.2 lakh (₹327.62 crore) (restated)
- Total comprehensive income: ₹35,081.1 lakh (₹350.81 crore) (restated)
Earnings Per Share:
- Basic & diluted EPS: ₹31.33 (restated)
Accounting Policy Change
The company changed its method of raw material valuation to weighted average basis during the quarter ended September 30, 2025, with retrospective effect in accordance with Ind AS 8. This change also impacted the valuation of work-in-progress and finished goods. The comparative figures for the quarter ended June 30, 2025 have been restated to reflect this accounting policy change.
Business Segments
The company is a single segment company engaged in textile business.
Subsidiary/Joint Venture Status
The company does not have any subsidiary, associate, or joint venture company.
Review and Approval Process
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on August 1, 2026.
Auditor's Limited Review Report
SCV & Co. LLP, Chartered Accountants (Firm Registration No. 000235N/N500089) conducted a limited review of the financial results and concluded that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.