Garment Mantra reports FY26 profit, appoints auditor
Garment Mantra Lifestyle Limited reported a standalone net profit of ₹312.43 crore for FY26 on a total income of ₹10,929.39 crore, while consolidated net profit stood at ₹447.49 crore. The board approved the audited financial results for the year and quarter ended March 31, 2026, and appointed Mrs. Nisha S as internal auditor for the period FY27 to FY30.

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Garment Mantra Lifestyle Limited reported a net profit of ₹312.43 crore for the financial year ended March 31, 2026, on a total income of ₹10,929.39 crore. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. The company also appointed Mrs. Nisha S as internal auditor for a period commencing from financial year 2026-27 till 2029-30.
The statutory auditors, M/s. Balaji and Thulasiraman, Chartered Accountants, issued an unmodified opinion on the audited financial results. The trading window for designated persons will remain closed until June 1, 2026. The meeting was conducted in compliance with Regulation 30 and 33 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.
Standalone Financial Performance
For the year ended March 31, 2026, the company recorded a revenue from operations of ₹10,536.01 crore, compared to ₹8,138.27 crore in the previous year. Total income rose to ₹10,929.39 crore from ₹8,163.71 crore. Total expenses for the year stood at ₹10,669.76 crore. The profit before exceptional items and tax was ₹259.62 crore, while profit before tax was ₹454.73 crore.
| Metric | Year Ended March 31, 2026 (₹ in crore) | Year Ended March 31, 2025 (₹ in crore) |
|---|---|---|
| Total Income | 10,929.39 | 8,163.71 |
| Total Expenses | 10,669.76 | 7,945.38 |
| Net Profit | 312.43 | 159.90 |
| Basic EPS | 0.08 | 0.08 |
For the quarter ended March 31, 2026, the company reported a net loss of ₹169.64 crore on a total income of ₹2,486.13 crore. The loss was attributed to higher expenses of ₹2,676.15 crore against income of ₹2,486.13 crore.
Consolidated Financial Performance
On a consolidated basis, the company reported a net profit of ₹447.49 crore for the year ended March 31, 2026, on a total income of ₹26,996.76 crore. Revenue from operations for the year stood at ₹26,202.36 crore, up from ₹13,241.06 crore in the previous year. Total expenses for the year were ₹26,541.07 crore.
| Metric | Year Ended March 31, 2026 (₹ in crore) | Year Ended March 31, 2025 (₹ in crore) |
|---|---|---|
| Total Income | 26,996.76 | 13,284.07 |
| Total Expenses | 26,541.07 | 12,892.89 |
| Net Profit | 447.49 | 286.69 |
| Basic EPS | 0.13 | 0.15 |
The consolidated results for the quarter ended March 31, 2026, showed a net loss of ₹491.69 crore on a total income of ₹6,319.58 crore. The loss was driven by total expenses of ₹6,931.48 crore.
Key Developments
The board appointed Mrs. Nisha S as the internal auditor for the company effective from the financial year 2026-27 until the period ended 2029-30. Mrs. Nisha holds an M.Com and ACS (Inter) qualification and possesses over 15 years of experience in handling public and private companies. The appointment was made in accordance with Regulation 30 of the SEBI Listing Regulations.
Historical Stock Returns for Garment Mantra Lifestyle
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.56% | -3.39% | -8.80% | -24.00% | -35.96% | -70.62% |
What strategies will the company implement to address the significant quarterly losses reported in both standalone and consolidated results?
How does the company plan to sustain the consolidated revenue growth momentum given the substantial year-over-year increase?
What factors contributed to the decline in consolidated Basic EPS despite a rise in total net profit for the year?































