Subhash Silk Mills Ltd. submitted its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27) to BSE Limited in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Financial Performance Highlights

Revenue Performance:

  • Revenue from operations: ₹0.88 crore (Q1 FY27) vs ₹0.73 crore (Q1 FY26) and ₹0.79 crore (Q4 FY26)
  • Other income: ₹63.35 crore (Q1 FY27) vs ₹20.77 crore (Q1 FY26) and ₹58.29 crore (Q4 FY26)
  • Total revenue: ₹64.23 crore (Q1 FY27) vs ₹21.50 crore (Q1 FY26) and ₹59.08 crore (Q4 FY26)

Expense Breakdown:

  • Employee benefit expenses: ₹8.97 crore (Q1 FY27) vs ₹10.22 crore (Q1 FY26)
  • Finance cost: ₹0.75 crore (Q1 FY27) vs ₹0.76 crore (Q1 FY26)
  • Depreciation and amortization: ₹16.41 crore (Q1 FY27) vs ₹12.99 crore (Q1 FY26)
  • Administrative and other expenses: ₹37.80 crore (Q1 FY27) vs ₹28.85 crore (Q1 FY26)
  • Total expenses: ₹64.67 crore (Q1 FY27) vs ₹53.38 crore (Q1 FY26)

Profitability Metrics:

  • Profit before tax: (₹0.44) crore loss (Q1 FY27) vs (₹31.88) crore loss (Q1 FY26)
  • Tax expenses: ₹28.93 crore (Q1 FY27) comprising current tax of ₹10.04 crore and deferred tax of ₹18.89 crore
  • Net profit: ₹8.40 crore (Q1 FY27) vs (₹30.13) crore loss (Q1 FY26)
  • Total comprehensive income: ₹8.40 crore (Q1 FY27) vs (₹30.13) crore (Q1 FY26)

Capital Structure:

  • Paid-up equity share capital: ₹404.94 crore (face value ₹10 per share)
  • Other equity: ₹546.57 crore (as of March 31, 2026)

Per Share Data:

  • Basic EPS: ₹0.20 (Q1 FY27) vs (₹0.71) (Q1 FY26)
  • Diluted EPS: ₹0.20 (Q1 FY27) vs (₹0.71) (Q1 FY26)

Comparative Performance

The results show significant improvement compared to the same quarter last year (Q1 FY26), with the company turning profitable from a net loss of ₹30.13 crore to a net profit of ₹8.40 crore. The substantial increase in other income (from ₹20.77 crore to ₹63.35 crore) was a key driver of this improvement.

Regulatory Compliance and Review

The financial results were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013. The board of directors approved the results in their meeting held on August 14, 2026.

Shabbir & Rita Associates LLP, Chartered Accountants (FRN: 109420W), conducted a limited review of the financial results in accordance with Standard on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India. Their review report, dated August 14, 2026, stated that nothing came to their attention that causes them to believe that the statement contains any material misstatement.