Precot's Q1 FY 2025-26 Quarterly Results

Result Summary

• Precot Ltd reported a 21.4% 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 decline of 12.5%.
• Its expenses for the quarter were down by 23.8% QoQ and 14.3% YoY.
• The net profit decreased 6.9% QoQ and increased 20.2% YoY.
• The earnings per share (EPS) of Precot Ltd stood at 9.4 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

Precot Ltd is a company operating in the textile industry, focusing on manufacturing and distributing a variety of textile products. The company is involved in the production of yarns, fabrics, and other textile-related goods. While specific recent developments about Precot Ltd are not provided in the data available, companies in the textile sector generally experience fluctuations based on raw material costs, labor costs, and market demand. The industry is also influenced by global trade policies and consumer trends in fashion and apparel.

Revenue

During the first quarter of the fiscal year 2026 (Q1FY26), Precot Ltd reported a total income of ₹207.61 crores. This represents a decrease of 21.4% compared to the previous quarter (Q4FY25), where the total income was ₹264.05 crores. Compared to the same quarter in the previous fiscal year (Q1FY25), which recorded a total income of ₹237.18 crores, there is a 12.5% reduction. The year-over-year decrease suggests a decline in revenue generation compared to the same period last year. The quarter-over-quarter change also indicates a reduction in total income, reflecting variations in revenue streams or market conditions over the short term.

Profitability

Precot Ltd's profitability metrics for Q1FY26 show a Profit Before Tax (PBT) of ₹14.91 crores, down by 22.7% from ₹19.29 crores in Q4FY25. On a year-over-year basis, there is a 20.7% increase from the reported PBT of ₹12.35 crores in Q1FY25. The tax expense for Q1FY26 was ₹3.61 crores, representing a significant decrease of 49.5% from ₹7.15 crores in Q4FY25, and a 22.4% increase from ₹2.95 crores in Q1FY25. Consequently, Profit After Tax (PAT) for Q1FY26 stood at ₹11.30 crores, reflecting a 6.9% decline from ₹12.14 crores in the prior quarter, but a 20.2% increase from ₹9.40 crores in Q1FY25. The Earnings Per Share (EPS) for Q1FY26 was ₹9.40, showing a decrease of 6.9% quarter-over-quarter, but an increase of 20.5% year-over-year.

Operating Metrics

The total expenses for Precot Ltd in Q1FY26 were reported at ₹192.70 crores, representing a decrease of 23.8% from the previous quarter's expenses of ₹252.83 crores. Compared to Q1FY25, where expenses were ₹224.83 crores, there is a year-over-year reduction of 14.3%. The decline in expenses quarter-over-quarter and year-over-year is notable in the context of declining revenues, suggesting efficiencies or cost management efforts. The overall decrease in both revenue and expenses reflects the dynamic nature of the textile industry, where operational metrics can fluctuate based on external market conditions, internal cost controls, and production adjustments.