Soma Textiles & Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Soma Textiles & Industries Ltd reported a 89.5% 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 87.5%.
• Its expenses for the quarter were down by 30.1% QoQ and 35.3% YoY.
• The net profit decreased 117.4% QoQ and decreased 100.9% YoY.
• The earnings per share (EPS) of Soma Textiles & Industries Ltd declined at 0.19 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

Soma Textiles & Industries Ltd operates within the textile industry, primarily focusing on the manufacturing and sale of textile products. The company is involved in producing a range of fabrics and clothing items. As a player in the textiles sector, Soma Textiles is subject to various economic and industry-specific trends such as raw material price fluctuations, changes in consumer demand, and global trade regulations. Recent major developments specific to Soma Textiles & Industries Ltd are not available at this time. However, being part of a highly competitive and dynamic industry, the company may face challenges and opportunities related to technological advancements, sustainability practices, and shifts in fashion trends.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Soma Textiles & Industries Ltd reported a total income of ₹0.73 crores. This marks a significant decline compared to ₹6.95 crores in the previous quarter (Q1FY26) and ₹5.86 crores in the same quarter of the previous year (Q2FY25). The quarter-over-quarter (QoQ) change in total income reflects an 89.5% decrease, while the year-over-year (YoY) change shows an 87.5% decrease. The observed declines in revenue highlight substantial variations in the company's financial performance over both the quarterly and yearly periods.

Profitability

For the quarter ending Q2FY26, Soma Textiles & Industries Ltd reported a loss before tax of ₹0.63 crores. This is a reversal from a profit of ₹3.63 crores in Q1FY26 and a significantly higher figure of ₹68.17 crores in Q2FY25. The QoQ change in profit before tax is -117.4%, and the YoY change is -100.9%. The profit after tax for Q2FY26 was also a loss of ₹0.63 crores, consistent with the profit before tax. Earnings per share (EPS) for the quarter stood at -₹0.19, compared to ₹1.10 in Q1FY26 and ₹20.64 in Q2FY25. The EPS experienced a QoQ decline of 117.3% and a YoY decline of 100.9%. These figures illustrate a notable downturn in profitability metrics both on a quarterly and annual basis.

Operating Metrics

In terms of operational expenses, Soma Textiles & Industries Ltd's total expenses for Q2FY26 were ₹3.21 crores. This represents a reduction from ₹4.59 crores in Q1FY26 and ₹4.96 crores in Q2FY25. The QoQ decrease in total expenses is 30.1%, while the YoY decrease is 35.3%. Despite the reduction in expenses, the financial data indicates that the decline in total income exceeded the decline in expenses, contributing to the loss before tax. Additionally, the company did not incur any tax expenses across the periods reviewed, consistent with the reported losses. The operational metrics reflect significant shifts in both income and expenses, contributing to the overall financial performance of the company during the quarter.