Bhandari Hosiery Exports Limited reported a contraction in profitability for the first quarter of FY27, with net profit falling to ₹1.30 crore compared to ₹1.62 crore in the corresponding period of FY26.

The Ludhiana-based textile exporter saw its revenue from operations decline by approximately 19% year-on-year to ₹508.5 lakh, down from ₹629.7 lakh in Q1FY26. The Board of Directors approved the unaudited standalone financial results on August 13, 2026.

Financial Performance

The company’s pre-tax profit stood at ₹1.76 crore for the quarter, a decrease from ₹2.16 crore recorded in Q1FY25. This decline mirrors the broader softness in the top line, indicating that cost structures did not adjust proportionately to the revenue drop.

Earnings per share (basic) fell sharply to ₹0.04 from ₹0.07 in the prior year period. The paid-up equity share capital remained unchanged at ₹332.96 lakh.

What the Numbers Show

The divergence between the revenue decline and the sharper drop in earnings per share highlights margin compression. While revenue fell nearly 19%, basic EPS contracted by over 40%. This suggests that fixed costs or operating expenses did not scale down linearly with the reduction in sales volume, putting pressure on the bottom line despite the modest absolute profit figures.

Bhandari Hosiery Exports has closed its trading window for all Promoters, Directors, Connected Persons, Designated Persons, and their immediate relatives effective July 1, 2026. This measure is in accordance with the company's code of conduct for the prevention of insider trading, adopted under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The restriction ensures compliance with regulatory norms during the period leading up to financial announcements.

The trading window will remain closed until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This blackout period is designed to prevent the misuse of unpublished price-sensitive information (UPSI) that may be in possession of insiders. The company has stated that the specific date for the Board Meeting to consider and declare these results will be intimated in due course.

Key Details of the Closure

The closure is a standard procedural requirement mandated by market regulator SEBI to maintain market integrity and ensure a level playing field for all investors. The communication was signed by Shilpa Tiwari, Company Secretary & Compliance Officer of Bhandari Hosiery Exports Limited.