Sangam (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Sangam (India) Ltd reported a 13.9% quarter-on-quarter (QoQ) increase 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 15.0%.
• Its expenses for the quarter were up by 16.7% QoQ and 17.9% YoY.
• The net profit decreased 84.4% QoQ and decreased 85.1% YoY.
• The earnings per share (EPS) of Sangam (India) Ltd stood 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

Sangam (India) Ltd is a prominent player in the textile industry, known for its diversified product portfolio that includes cotton yarn, synthetic blended yarn, and textile fabrics. The company operates in a highly competitive market, manufacturing and distributing products both domestically and internationally. While specific recent developments are not available, Sangam (India) Ltd has traditionally focused on expanding its production capabilities and enhancing its market reach to maintain a competitive edge. The textile sector in which it operates is heavily influenced by global demand patterns, raw material prices, and regulatory changes affecting trade and environmental standards.

Revenue

For the quarter ending Q1FY26, Sangam (India) Ltd reported a total income of ₹802.51 crore. This reflects a substantial quarter-over-quarter (QoQ) increase of 13.9% from ₹704.80 crore in Q4FY25. Compared to the same quarter the previous year (Q1FY25), when total income stood at ₹698.10 crore, the company experienced a year-over-year (YoY) growth of 15.0%. This uptrend in revenue indicates a positive shift in sales performance over both the short and long term, suggesting effective revenue generation strategies in place for the current period under review.

Profitability

In Q1FY26, Sangam (India) Ltd's profit before tax (PBT) was recorded at ₹2.53 crore, a significant decline from ₹19.25 crore in Q4FY25, representing an 86.9% decrease QoQ. Similarly, when compared to Q1FY25, with a PBT of ₹19.58 crore, the company saw an 87.1% decrease YoY. After accounting for taxes, the profit after tax (PAT) was ₹2.13 crore for Q1FY26, compared to ₹13.66 crore in Q4FY25 and ₹14.28 crore in Q1FY25. This indicates an 84.4% decrease QoQ and an 85.1% decrease YoY. The earnings per share (EPS) mirrored this trend, decreasing from ₹2.80 in both Q4FY25 and Q1FY25 to ₹0.40 in Q1FY26, marking an 85.7% decrease in both QoQ and YoY terms.

Operating Metrics

Total expenses for Sangam (India) Ltd in Q1FY26 were ₹798.32 crore, representing a 16.7% increase from ₹683.89 crore in Q4FY25. On a YoY basis, total expenses increased by 17.9% from ₹676.86 crore in Q1FY25. The company's tax expense for Q1FY26 was ₹0.40 crore, down significantly from ₹5.59 crore in Q4FY25 and ₹5.30 crore in Q1FY25, reflecting decreases of 92.8% QoQ and 92.5% YoY. These operating metrics highlight a substantial rise in expenses against a backdrop of reduced tax liabilities, impacting the company's profitability metrics for the quarter under review.