Garment Mantra Lifestyle crosses ₹25 Cr export revenue in current FY

1 min read     Updated on 02 Jun 2026, 09:14 AM
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Garment Mantra Lifestyle Limited announced crossing ₹25 Crores in export revenue in the current financial year, alongside annual export revenues exceeding ₹130 Crores in FY 26. The firm attributes this growth to strong international demand and a healthy order pipeline. Management expects improved order execution in H1 due to stabilizing geopolitical conditions in the Middle East.

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Garment Mantra Lifestyle Limited has crossed ₹25 Crores in export revenue in the current financial year on a consolidated basis, marking a significant milestone in its export business. The company also recorded annual export revenues exceeding ₹130 Crores in FY 26, reflecting strong demand for its products across international markets and the continued trust of global customers. This performance underscores the firm's transition from a domestic-focused player to a growing export-driven enterprise.

The company is witnessing encouraging demand trends across key export destinations and has secured a healthy pipeline of confirmed orders. Management anticipates improved business sentiment and stronger order execution during the first half of the current financial year as geopolitical conditions in the Middle East show signs of stabilization.

Financial Performance

The company disclosed the following export revenue figures:

Metric Amount
Export revenue (current FY) ₹25 Crores
Annual export revenue (FY 26) Exceeding ₹130 Crores

Management Commentary

Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, stated that crossing the ₹25 Crore mark reinforces confidence in the growth potential of the export business. He highlighted that the company is seeing encouraging demand across key international markets and continues to build a robust order pipeline. Aggarwal added that as global trade conditions improve, the company is well positioned to capitalize on emerging opportunities and drive sustainable growth through profitable expansion and operational excellence.

Domestic Operations

Domestically, the company continues to strengthen its wholesale network through hubs in Tirupur and Surat. This infrastructure enables efficient service and competitive pricing across India's major regions. The recent start of its Tamil Nadu distribution network is expected to further enhance its nationwide reach using the same operational model.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.92%-8.66%-24.18%-34.83%-62.58%

What specific strategies is the company employing to diversify its export markets beyond current key destinations?

How will the company balance capital allocation between the growing export segment and the expanding domestic distribution network?

What are the projected profit margins for the export business given the current competitive landscape and global trade conditions?

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Garment Mantra reports FY26 profit, appoints auditor

2 min read     Updated on 30 May 2026, 07:31 PM
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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 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.92%-8.66%-24.18%-34.83%-62.58%

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?

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