Banswara Syntex's Q1 FY 2025-26 Quarterly Results

Result Summary

• Banswara Syntex Ltd reported a 12.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.8%.
• Its expenses for the quarter were down by 8.4% QoQ and up 14.0% YoY.
• The net profit decreased 116.2% QoQ and decreased 222.3% YoY.
• The earnings per share (EPS) of Banswara Syntex Ltd declined at 0.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Banswara Syntex Ltd is a textile company primarily engaged in the manufacturing and marketing of yarns, fabrics, and garments. The company operates in the textile industry, serving both domestic and international markets. Banswara Syntex is known for producing a wide range of products including yarns, wool, and wool-blended silk, as well as a variety of fabrics. The company has a significant presence in both the Indian and global textile markets. Recent developments or specific strategic initiatives by Banswara Syntex Ltd are not available in the provided data.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), Banswara Syntex Ltd reported a total income of ₹309.79 crores. Compared to the previous quarter (Q4FY25), this represents a decrease of 12.0% from ₹352.09 crores. On a year-over-year basis, there was an increase of 12.8% from ₹274.63 crores in the first quarter of the previous fiscal year (Q1FY25). The data shows variability in revenue performance over the quarters and the year, with a notable decline in total income from Q4FY25 to Q1FY26.

Profitability

In Q1FY26, Banswara Syntex Ltd recorded a loss before tax of ₹2.36 crores, a sharp decline from a profit before tax of ₹11.18 crores in Q4FY25. This represents a quarter-over-quarter change of -121.1%. On a year-over-year basis, the profit before tax decreased significantly from ₹0.80 crores, marking a YoY change of -395.0%. The company also reported a loss after tax of ₹1.37 crores in Q1FY26, compared to a profit after tax of ₹8.48 crores in Q4FY25, a QoQ change of -116.2%. This indicates a significant shift in profitability compared to both the previous quarter and the same quarter last year.

Operating Metrics

Banswara Syntex Ltd's total expenses for Q1FY26 amounted to ₹312.15 crores, a decrease of 8.4% from ₹340.91 crores in the previous quarter. However, year-over-year, there was an increase of 14.0% from ₹273.84 crores in Q1FY25. Earnings per Share (EPS) in Q1FY26 was -₹0.40, compared to ₹2.50 in Q4FY25 and ₹0.30 in Q1FY25, reflecting decreases of -116.0% QoQ and -233.3% YoY. The operational challenges are evident in the company's financial performance, with a decrease in EPS and escalating expenses year-over-year despite a reduction from the previous quarter.