Pioneer Embroideries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Pioneer Embroideries Ltd reported a 3.9% 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 12.3%.
• Its expenses for the quarter were down by 1.3% QoQ and 5.8% YoY.
• The net profit decreased 455.1% QoQ and decreased 658.8% YoY.
• The earnings per share (EPS) of Pioneer Embroideries Ltd declined at 1.23 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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

Company Overview

Pioneer Embroideries Ltd is a company involved in the textile and apparel industry, specializing in the manufacture and sale of embroidered fabrics, laces, and dope dyed yarn. These products are primarily used in the fashion and home textile sectors. As of the latest available information, the company has been striving to maintain its market position through innovation and product diversification. However, specific recent major developments regarding the company are not available from the given data. The financial data provided offers insights into the company's performance for the second quarter of the fiscal year 2026 compared to previous quarters.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Pioneer Embroideries Ltd reported a total income of ₹83.00 crores. This represents a decrease of 3.9% quarter-over-quarter (QoQ) from ₹86.37 crores in Q1FY26 and a decline of 12.3% year-over-year (YoY) from ₹94.63 crores in Q2FY25. This reduction in total income over the considered periods highlights a contraction in the company's revenue streams compared to both the previous quarter and the same quarter of the previous year. The financial data does not provide specific details regarding the sources of income or the factors contributing to these changes.

Profitability

In Q2FY26, Pioneer Embroideries Ltd experienced a significant downturn in profitability. The company reported a loss before tax of ₹5.21 crores, which is a stark contrast to the profit before tax of ₹1.42 crores in Q1FY26 and ₹0.98 crores in Q2FY25. This represents a QoQ change of -466.9% and a YoY change of -631.6%. After accounting for taxes, the profit after tax stood at a loss of ₹3.80 crores in Q2FY26, compared to a profit of ₹1.07 crores in Q1FY26 and ₹0.68 crores in Q2FY25, marking a QoQ change of -455.1% and a YoY change of -658.8%. Earnings per share (EPS) also saw a decline, moving from ₹0.35 in Q1FY26 and ₹0.22 in Q2FY25 to a negative ₹1.23 in Q2FY26, with a QoQ change of -451.4% and a YoY change of -659.1%.

Operating Metrics

The company's total expenses for Q2FY26 amounted to ₹88.21 crores, showing a marginal decrease of 1.3% QoQ from ₹89.38 crores in Q1FY26 and a 5.8% decrease YoY from ₹93.66 crores in Q2FY25. Despite the reduction in expenses, the company reported negative profitability for the quarter, indicating that the decrease in total income overshadowed the savings in expenses. The tax component reflected a negative figure of ₹1.41 crores in Q2FY26, in contrast to positive values of ₹0.34 crores in Q1FY26 and ₹0.29 crores in Q2FY25, indicating a significant shift in tax obligations. These operating metrics suggest notable financial dynamics within the company during the specified periods, but the data does not provide sufficient context for further analysis.