Soma Textiles & Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Soma Textiles & Industries Ltd reported a 42.1% 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 114.5%.
• Its expenses for the quarter were up by 140.3% QoQ and 71.9% YoY.
• The net profit decreased 81.2% QoQ and increased 202.5% YoY.
• The earnings per share (EPS) of Soma Textiles & Industries Ltd stood at 1.1 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

Soma Textiles & Industries Ltd is a company involved in the textile industry, primarily engaged in the manufacturing and distribution of textile products. While specific details about its main products and recent developments are not available in the provided data, the company operates within a sector that typically deals with the production and sale of fabrics, yarns, and garments. The textile industry is known for its global supply chain and often faces challenges related to raw material costs, labor, and market demand fluctuations. The company's performance can be influenced by these industry dynamics, as well as broader economic conditions.

Revenue

In the first quarter of FY26, Soma Textiles & Industries Ltd reported a total income of ₹6.95 crores. This represents a significant increase of 42.1% compared to the previous quarter (Q4FY25) where the total income was ₹4.89 crores. When compared to the same period last year (Q1FY25), the total income has shown a remarkable growth of 114.5%, up from ₹3.24 crores. These figures indicate substantial growth over the periods in question, reflecting the company's ability to generate higher revenues. The year-over-year (YoY) and quarter-over-quarter (QoQ) growth rates highlight a strong revenue performance in the current quarter.

Profitability

The profitability of Soma Textiles & Industries Ltd for Q1FY26 has seen notable changes. The profit before tax (PBT) was ₹3.63 crores, which is a sharp decline of 83.7% from the previous quarter's PBT of ₹22.30 crores. However, compared to Q1FY25, where the PBT was ₹1.20 crores, there is a significant year-over-year increase of 202.5%. The profit after tax (PAT) for the current quarter stands at ₹3.63 crores, reflecting the same percentage decrease quarter-over-quarter as PBT, but a 202.5% increase year-over-year. Earnings per share (EPS) for Q1FY26 is ₹1.10, which has decreased by 81.0% from the previous quarter's EPS of ₹5.80, yet it shows a growth of 175.0% compared to Q1FY25's EPS of ₹0.40. These metrics indicate considerable fluctuations in profitability, with significant improvements from the previous year but declines from the preceding quarter.

Operating Metrics

The total expenses for Soma Textiles & Industries Ltd in Q1FY26 amounted to ₹4.59 crores, marking a substantial increase of 140.3% compared to Q4FY25, where expenses were ₹1.91 crores. Compared to the same quarter last year, where expenses were ₹2.67 crores, there is a 71.9% increase. The tax expenses for Q1FY26 are recorded at ₹0.00 crores, down from ₹3.02 crores in Q4FY25, showing a 100% decrease quarter-over-quarter. No tax was recorded in Q1FY25 as well. These figures suggest variations in operating expenses and tax liabilities, which could have impacted the company's financial performance during the quarter.