Birla Cotsyn corrects FY26 share capital, revises EPS

2 min read     Updated on 10 Jun 2026, 06:12 PM
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Birla Cotsyn (India) Limited corrected a typographical error in its FY26 paid-up share capital, revising EPS figures. The error did not impact profit or financial results. The company reported a total loss of ₹1,916.15 lakh for the year ended March 31, 2026.

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Birla Cotsyn (India) Limited has submitted amended audited financial results for the quarter and year ended March 31, 2026, to correct a typographical error in its paid-up share capital. The correction revised the Basic and Diluted Earnings Per Share (EPS) for the period from Continuing and Discontinued Operations, changing the figures from (1.37) to (0.07) and from (13.36) to (0.72). The company clarified that the error was unintentional and does not affect its profits or financial results for the quarter and year ended March 31, 2026.

The original filing, submitted to BSE Limited on May 25, 2026, inadvertently stated the paid-up share capital as 143.40 (in lakhs) instead of the correct 2,643.40 (in lakhs). The amended results were submitted on June 10, 2026, along with the audit report issued by the statutory auditors, Jain Kothari & Co., Chartered Accountants. The auditors confirmed that the financial results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the year ended March 31, 2026, the company reported a total income of ₹3,044.50 lakh and a total loss of ₹1,916.15 lakh. In the corresponding previous year ended March 31, 2025, the company reported a total income of ₹0.09 lakh and a total loss of ₹21,477.19 lakh. The standalone financial results show that the company operates a single segment, "Other Textile Product".

The Board of Directors approved the amended financial results in their meeting held on May 25, 2026. The audit committee reviewed the results, which have been prepared in accordance with Indian Accounting Standards (Ind AS). The company stated that the format of the audited quarterly results has been modified to comply with SEBI's circular dated July 5, 2016, and Ind AS Schedule III.

Financial Results for the Year Ended March 31, 2026

Particulars Year Ended 31-Mar-26 (Audited) Year Ended 31-Mar-25 (Audited)
Total Income 3,044.50 0.09
Revenue From Operations 2,988.16 -
Other Income 56.34 0.09
Total Expenses 4,960.65 947.66
Profit/(Loss) for the period (1,916.15) (21,477.19)
Paid-up equity share capital 2,643.40 2,643.40
Basic and Diluted EPS (0.72) (8.12)

Key Metrics

Metric Value
Scrip Code 533006
BSE Acknowledgement No. 2505202608150927
Statutory Auditor Jain Kothari & Co.
Auditor FRN 022340C

How will the significant reduction in net loss from the previous year impact investor confidence and share price performance?

What strategic initiatives is Birla Cotsyn pursuing to sustain the revenue growth observed in the 'Other Textile Product' segment?

Does the company anticipate any regulatory scrutiny from SEBI regarding the disclosure error in the paid-up share capital?

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Birla Cotsyn narrows net loss to ₹1,916.15 lakh in FY26

1 min read     Updated on 26 May 2026, 01:03 AM
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Birla Cotsyn (India) Limited reported a narrowed net loss of ₹1,916.15 lakh for FY26 against ₹21,477.19 lakh in FY25. Revenue from operations surged to ₹2,988.16 lakh from nil in the previous year, with total income at ₹3,044.50 lakh. The board approved the audited results on May 25, 2026, with an unmodified opinion from statutory auditor M/s. Jain Kothari & Co.

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Birla Cotsyn (India) Limited narrowed its net loss to ₹1,916.15 lakh for the financial year ended March 31, 2026, compared to a loss of ₹21,477.19 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 25, 2026. Revenue from operations for the year stood at ₹2,988.16 lakh, a significant recovery from nil in the prior year, while total income reached ₹3,044.50 lakh. The statutory auditor, M/s. Jain Kothari & Co., issued an unmodified opinion on the results, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations.

For the quarter ended March 31, 2026, the company reported a net loss of ₹195.93 lakh. Revenue from operations for the quarter was ₹1,485.71 lakh, while total expenses amounted to ₹1,703.37 lakh. The basic and diluted earnings per share (EPS) for the year was reported at (13.36), an improvement from (149.77) in the previous year. The board reviewed the Auditor's Report and the standalone financial statements, which are available on the company's website.

Financial Results for FY26

Particulars Year Ended 31-Mar-26 (₹ in lacs) Year Ended 31-Mar-25 (₹ in lacs)
Revenue From Operations 2,988.16 -
Total Income 3,044.50 0.09
Total Expenses 4,960.65 947.66
Net Profit/(Loss) (1,916.15) (21,477.19)
Basic and Diluted EPS (13.36) (149.77)

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹6,744.64 lakh, a decrease from ₹6,892.14 lakh in the previous year. Total equity and liabilities also decreased to ₹6,744.64 lakh from ₹6,892.14 lakh. Borrowings, including non-current and current liabilities, totaled ₹3,799.78 lakh as of March 31, 2026. The meeting was commenced at 05:30 P.M (IST) and concluded at 06:20 P.M (IST). The intimation was signed by Gaurav Anand, Company Secretary & Compliance Officer of Birla Cotsyn (India) Limited.

What strategic initiatives will Birla Cotsyn implement to transition from revenue recovery to sustained profitability in FY27?

How does the company plan to manage its total borrowings of ₹3,799.78 lakh given the continued net losses?

Will the significant operational revenue growth seen in FY26 be maintained or accelerated in the upcoming quarters?

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