Sangam (India)'s Q2 FY 2025-26 Quarterly Results

Result Summary

• Sangam (India) Ltd reported a 2.2% 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 growth of 15.9%.
• Its expenses for the quarter were down by 6.2% QoQ and up 11.4% YoY.
• The net profit increased 985.9% QoQ and increased 316.8% YoY.
• The earnings per share (EPS) of Sangam (India) Ltd stood at 4.93 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

Sangam (India) Ltd is a prominent entity engaged in the textile industry, primarily involved in the production and distribution of synthetic and blended fabrics, including polyester viscose, polyester cotton, and PV suiting. The company's portfolio also extends to the manufacturing of yarn, denim fabrics, and seamless garments for a wide range of applications. Sangam has established itself as a significant player in the textile sector, leveraging its manufacturing capabilities and strategic market presence. As of now, there is no specific information available about any recent major developments within the company.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Sangam (India) Ltd reported a total income of ₹784.78 crores, a decrease of 2.2% from ₹802.51 crores in the previous quarter (Q1FY26). However, when compared to the same quarter of the previous year (Q2FY25), which recorded a total income of ₹677.04 crores, there was an increase of 15.9%. This year-over-year growth reflects a positive shift in revenue generation for the company over the twelve-month period. The fluctuation in revenue between quarters may be indicative of seasonal factors or market dynamics that are common in the textile industry.

Profitability

Sangam (India) Ltd experienced a significant improvement in profitability in Q2FY26. The profit before tax was reported at ₹34.08 crores, a substantial increase compared to ₹2.53 crores in Q1FY26 and ₹3.00 crores in Q2FY25. This represents a quarter-over-quarter increase of 1247.0% and a year-over-year growth of 1036.0%. After accounting for taxes, the profit after tax for Q2FY26 stood at ₹23.13 crores, up from ₹2.13 crores in Q1FY26 and ₹5.55 crores in Q2FY25. Earnings per share (EPS) also saw a remarkable rise to ₹4.93 in Q2FY26 from ₹0.42 in Q1FY26 and ₹1.43 in Q2FY25. This upward trend in profitability metrics indicates enhanced operational efficiency and cost management within the company during the reported period.

Operating Metrics

The financial data for Sangam (India) Ltd in Q2FY26 reflects a total expense of ₹749.04 crores, which is a decrease of 6.2% from ₹798.32 crores in Q1FY26. Compared to Q2FY25, where total expenses were ₹672.38 crores, there is an increase of 11.4%. The effective tax rate for Q2FY26 was calculated based on a tax outlay of ₹10.95 crores, which shows a significant increase from ₹0.40 crores in Q1FY26 and a reversal from a negative tax in Q2FY25. The substantial changes in tax liabilities indicate variations in tax obligations or adjustments during the periods. The financial performance for this quarter highlights the company's ability to manage its operating costs effectively while navigating through the varying tax landscape.