Sumeet Industries' Q1 FY 2025-26 Quarter Results

Result Summary

• Sumeet Industries Ltd reported a 8.0% 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 6.4%.
• Its expenses for the quarter were down by 14.8% QoQ and 12.2% YoY.
• The net profit decreased 203.0% QoQ and decreased 194.2% YoY.
• The earnings per share (EPS) of Sumeet Industries Ltd stood at 0.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sumeet Industries Ltd is a company that operates within the textiles industry, primarily engaged in the production and sale of polyester yarns. The company has a diversified product portfolio that includes polyester filament yarn, dope-dyed yarns, and other related products. Sumeet Industries strives to maintain a strong presence in both domestic and international markets by leveraging its manufacturing capabilities and industry expertise. Recent developments in the industry, such as fluctuations in raw material prices or regulatory changes, could impact the company's operations, although specific recent major developments for Sumeet Industries are not specified in the provided data.

Revenue

During the first quarter of the fiscal year 2026 (Q1FY26), Sumeet Industries Ltd reported a total income of ₹249.83 crores. This reflects a decrease of 8.0% on a quarter-over-quarter (QoQ) basis from the ₹271.53 crores recorded in the fourth quarter of the fiscal year 2025 (Q4FY25). Year-over-year (YoY), there was a reduction of 6.4% from the ₹266.96 crores reported in the first quarter of the fiscal year 2025 (Q1FY25). The decline in total income over both the QoQ and YoY periods suggests a challenging revenue environment for the company during this quarter.

Profitability

Sumeet Industries Ltd demonstrated a notable turnaround in profitability during Q1FY26, with a reported Profit After Tax (PAT) of ₹7.98 crores. This marks a significant improvement from the previous quarter, Q4FY25, where the company faced a loss of ₹7.75 crores. Compared to the same quarter in the previous fiscal year (Q1FY25), where a loss of ₹8.47 crores was reported, the performance in Q1FY26 shows a positive shift. The Earnings Per Share (EPS) for Q1FY26 was ₹0.80, contrasting with the negative EPS of -₹0.90 in Q4FY25 and -₹0.80 in Q1FY25, highlighting the company's improved profitability metrics despite the reduced income.

Operating Metrics

The company's total expenses for Q1FY26 were ₹241.85 crores, showing a significant decrease of 14.8% from the ₹283.73 crores in Q4FY25. This reduction in expenses also represents a 12.2% decline from the ₹275.43 crores reported in Q1FY25. The reduction in expenses contributed to the positive Profit Before Tax (PBT) of ₹7.98 crores in Q1FY26, compared to a loss before tax of ₹12.21 crores in the previous quarter and a loss of ₹8.47 crores in the same quarter last year. The absence of tax expenses in Q1FY26 further supported the improvement in net profitability. These operating metrics reflect the company's efforts to manage costs effectively, which played a crucial role in the financial results of the quarter.