Loyal Textile Mills' Q2 FY 2025-26 Quarterly Results

Result Summary

• Loyal Textile Mills Ltd reported a 19.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 44.2%.
• Its expenses for the quarter were down by 24.9% QoQ and 46.8% YoY.
• The net profit decreased 33.3% QoQ and decreased 77.6% YoY.
• The earnings per share (EPS) of Loyal Textile Mills Ltd declined at 23.55 during Q2 FY 2025-26.

Financial Statments for Q2 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

Loyal Textile Mills Ltd is a well-established entity in the textile industry, primarily engaged in the manufacture and sale of various textile products. The company is known for its comprehensive range of products, which includes yarn, fabric, garments, and home textiles. Loyal Textile Mills Ltd operates in a highly competitive industry characterized by fluctuating raw material prices and changing consumer preferences. Recently, the textile industry has been facing challenges such as increased competition and the impact of global economic conditions. Specific recent developments within Loyal Textile Mills Ltd are not available in the provided data.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Loyal Textile Mills Ltd reported a total income of ₹109.54 crores. This represents a decrease of 19.8% compared to the previous quarter (Q1FY26), where total income was ₹136.61 crores. Year-over-year, there is a significant decline in total income of 44.2% when compared to the same quarter in the previous fiscal year (Q2FY25), where total income was ₹196.32 crores. These figures indicate a substantial decrease in revenue both on a quarterly and annual basis.

Profitability

In Q2FY26, Loyal Textile Mills Ltd's profit before tax was negative, at ₹-19.26 crores, which shows an improvement from the previous quarter's figure of ₹-30.91 crores, marking a reduction in pre-tax loss by 37.7%. Compared to Q2FY25, where the profit before tax was ₹-54.03 crores, there is a year-over-year improvement of 64.4%. The company's tax expense for Q2FY26 was ₹-3.93 crores, which is a 32.0% decline from Q1FY26. On a year-over-year basis, the tax expense increased by 274.3% from Q2FY25. The profit after tax for Q2FY26 stood at ₹-11.34 crores, a quarterly reduction in loss of 33.3% from Q1FY26, and a year-over-year improvement of 77.6% from Q2FY25. Earnings per share for Q2FY26 were ₹-23.55, following similar trends as profit after tax.

Operating Metrics

Total expenses for Loyal Textile Mills Ltd in Q2FY26 amounted to ₹129.31 crores, which reflects a 24.9% decrease from Q1FY26, where expenses were ₹172.10 crores. Year-over-year, total expenses decreased by 46.8% from Q2FY25's figure of ₹242.86 crores. This significant reduction in expenses is notable on both a quarterly and annual basis. The financial data suggests changes in operational efficiency, with a substantial decrease in both income and expenses. These shifts may reflect the company's strategic responses to market conditions, though specific operational strategies are not detailed in the provided data.