Financial Results (Standalone)

Quarterly Performance (Q2 FY2026 ended 30th September, 2026):

  • Revenue from Operations: ₹97.78 lakhs (compared to ₹1,594.46 lakhs in Q2 FY2025)
  • Other Income: ₹0.17 lakhs
  • Total Revenue: ₹97.95 lakhs
  • Total Expenses: ₹183.20 lakhs
  • Loss Before Tax: ₹(85.25) lakhs
  • Total Tax Expenses: ₹(3.58) lakhs
  • Net Loss: ₹(81.67) lakhs
  • Earnings Per Share (Basic & Diluted): ₹(0.62)

Half-Yearly Performance (H1 FY2026 ended 30th September, 2026):

  • Revenue from Operations: ₹257.60 lakhs (compared to ₹4,088.19 lakhs in H1 FY2025)
  • Other Income: ₹2.88 lakhs
  • Total Revenue: ₹260.48 lakhs
  • Total Expenses: ₹774.27 lakhs
  • Loss Before Tax: ₹(513.79) lakhs
  • Total Tax Expenses: ₹(0.04) lakhs
  • Net Loss: ₹(513.75) lakhs
  • Earnings Per Share (Basic & Diluted): ₹(3.96)

Financial Results (Consolidated)

Quarterly Performance (Q2 FY2026):

  • Revenue from Operations: ₹97.78 lakhs
  • Other Income: ₹0.17 lakhs
  • Total Revenue: ₹97.95 lakhs
  • Total Expenses: ₹183.20 lakhs
  • Loss Before Tax: ₹(85.25) lakhs
  • Total Tax Expenses: ₹(3.58) lakhs
  • Share of Loss of Associates: ₹(46.83) lakhs
  • Total Comprehensive Income: ₹(128.50) lakhs
  • Earnings Per Share (Basic & Diluted): ₹(0.98)

Half-Yearly Performance (H1 FY2026):

  • Revenue from Operations: ₹257.60 lakhs
  • Other Income: ₹2.88 lakhs
  • Total Revenue: ₹260.48 lakhs
  • Total Expenses: ₹506.98 lakhs
  • Loss Before Tax: ₹(513.79) lakhs
  • Total Tax Expenses: ₹(0.04) lakhs
  • Share of Loss of Associates: ₹(64.90) lakhs
  • Total Comprehensive Income: ₹(578.65) lakhs
  • Earnings Per Share (Basic & Diluted): ₹(4.46)

Balance Sheet Position (Standalone as at 30th September 2026)

  • Total Assets: ₹3,130.75 lakhs
  • Equity Share Capital: ₹1,345.13 lakhs
  • Other Equity: ₹936.98 lakhs
  • Total Equity: ₹2,282.11 lakhs
  • Non-Current Liabilities: ₹34.22 lakhs
  • Current Liabilities: ₹848.64 lakhs
  • Total Liabilities: ₹882.86 lakhs

Cash Flow Statement (Standalone H1 FY2026)

  • Net Cash from Operating Activities: ₹375.93 lakhs
  • Net Cash from Investing Activities: ₹(679.48) lakhs
  • Net Cash from Financing Activities: ₹306.82 lakhs
  • Net Increase in Cash: ₹3.27 lakhs
  • Cash at End of Period: ₹4.90 lakhs

Associate Company Information

  • The consolidated results include associate company: Stitched Textiles Limited
  • For Q2 FY2026, Stitched Textiles Limited reported total revenues of ₹453.98 lakhs and total loss of ₹93.98 lakhs
  • The review of Stitched Textiles Limited's results was performed by other auditors

Capital Structure Changes

  • Paid-up equity share capital increased from ₹1,275.00 lakhs (31st March 2026) to ₹1,345.13 lakhs (30th September 2026)
  • Face value per share: ₹10.00

Rights Issue Utilization

  • Company raised ₹189.35 lakhs through rights issue on 1st July 2026
  • Objects of the issue:
  • Acquisition of Equity Shares in Stitched Textiles Limited: ₹2,534.50 lakhs (allocated), ₹1,984.50 lakhs (utilized)
  • Incremental Working Capital: ₹1,350.00 lakhs (allocated), ₹188.67 lakhs (utilized)
  • General Corporate Purpose: ₹800.00 lakhs (allocated), ₹270.00 lakhs (utilized)
  • Total raised: ₹189.35 lakhs
  • Total utilized: ₹2,443.17 lakhs
  • Unutilized amount: ₹0.67 lakhs
  • No deviation or variation in fund utilization reported

Audit and Governance

  • Financial results reviewed by Audit Committee and approved by Board of Directors on 2nd November 2026
  • Statutory auditors S S R V & Associates conducted limited review audit
  • Auditors issued unmodified review report for both standalone and consolidated results
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)