Celebrity Fashions Limited has submitted its unaudited financial results for the quarter ended June 30, 2026, to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The filing marks the company’s compliance with regulatory disclosure requirements for its first quarter of fiscal year 2027 (Q1FY27).

The Board of Directors approved the unaudited financial results during a meeting held on August 1, 2026. In accordance with Regulation 33 and Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published a newspaper advertisement regarding the results. The advertisement appeared in Business Standards (English, All India Edition) and Tamil Murasu (Tamil Edition) on August 3, 2026.

Investors can access the detailed financial statements along with the Limited Review Report issued by the Statutory Auditor via the company’s official website or by scanning the QR code provided in the exchange filing. The company emphasized that the results are unaudited and subject to final audit procedures.

Key Details

S. Vivekanandan, Company Secretary and Compliance Officer, signed the filing on behalf of the company. The submission was digitally dated August 5, 2026, and included paper cuttings of the newspaper advertisements as enclosures for record-keeping purposes.

What the Numbers Show

As the source document contains only the notice of filing and not the underlying financial metrics, specific performance indicators such as revenue growth, net profit, or EBITDA margins are not disclosed in this text. Investors are directed to the company’s investor relations page for the complete financial data.

Celebrity Fashions reported a net loss of ₹2.37 crore for the quarter ended June 30, 2026 (Q1FY26), narrowing significantly from the ₹6.73 crore loss recorded in Q1FY25. The improvement came despite a 35% year-on-year decline in revenue from operations, which fell to ₹26.42 crore from ₹40.67 crore in the corresponding prior period.

The Board of Directors approved the unaudited financial results on August 1, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and subjected to a limited review by statutory auditors SRSV & Associates.

Financial Performance

Total income for the quarter stood at ₹27.13 crore, comprising ₹26.42 crore from operations and ₹0.71 crore from other income. Total expenses amounted to ₹29.50 crore, leading to a pre-tax loss of ₹2.37 crore. There were no exceptional items or tax expenses reported for the period.

The company’s accumulated losses stood at ₹57.31 crore as of June 30, 2026. However, the auditors confirmed that sufficient evidence was obtained to establish the continuance of the company as a going concern, with financial statements prepared on this basis.

Impact of US Tariffs

Management disclosed that the company extended additional discounts and price reductions aggregating ₹3.55 crore during the quarter to retain existing customer relationships. This measure was taken to mitigate the impact of tariffs imposed by the U.S. Government on imports from India, effective from April 2, 2025, and an additional tariff from August 27, 2025. Although these tariffs and related penalties were subsequently withdrawn by U.S. authorities, major customers did not revoke the negotiated discounts due to prevailing business challenges. Consequently, the company absorbed the impact through adjustments to revenue and expenses.

What the Numbers Show

While revenue contracted sharply by 35% year-on-year, the company achieved a significant reduction in its quarterly loss, which improved by approximately 65% compared to Q1FY25. This divergence suggests that cost-cutting measures or operational efficiencies offset a portion of the top-line decline. Notably, employee benefits expense dropped to ₹10.77 crore from ₹18.65 crore in the prior year quarter, and cost of material consumed fell to ₹9.20 crore from ₹20.21 crore, indicating a substantial reduction in variable costs alongside lower sales volume. The absorption of ₹3.55 crore in tariff-related discounts directly pressured margins, highlighting the sensitivity of the garment export segment to geopolitical trade policies.