Hem Holdings and Trading Limited reported a standalone net loss of ₹259.55 lakh for the quarter ended June 30, 2026, reversing a net profit of ₹15.68 lakh in the corresponding period of FY25. The financial downturn was primarily driven by a non-recurring exceptional item of ₹252.21 lakh, which overshadowed operational activities that generated zero revenue during the quarter. This significant deviation from prior profitability underscores the impact of one-off charges on the company's bottom line.

The Board of Directors approved the unaudited financial results at its meeting held on August 06, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditor, B.M. Gattani & Co. The auditor issued a report stating that nothing came to their attention to suggest material misstatement in the financial statements prepared under Ind AS 34.

Financial Performance Overview

The company recorded zero revenue from operations and zero other income for the quarter, resulting in total revenue of nil. This contrasts sharply with the preceding quarter (Q4FY26), where revenue stood at ₹8.18 lakh, and the corresponding quarter of the previous year (Q1FY25), which saw revenue of ₹20.71 lakh. Despite the absence of revenue, total expenses amounted to ₹7.34 lakh, driven mainly by other expenses of ₹5.96 lakh and employee benefits of ₹1.37 lakh.

What the Numbers Show

The divergence between the company’s operational stability and its bottom-line loss highlights the impact of non-recurring events. While operating expenses remained relatively contained at ₹7.34 lakh—comparable to the ₹5.03 lakh incurred in Q1FY25—the introduction of a ₹252.21 lakh exceptional item fundamentally altered the profitability profile. With paid-up equity share capital remaining unchanged at ₹24.00 lakh, the basic earnings per share plummeted to -₹108.15 from ₹6.53 in the prior year, reflecting the disproportionate weight of the exceptional charge against the small equity base.

Pushpsons Industries Limited reported a 73% decline in net profit to ₹13.74 lakh for the financial year ended March 31, 2026, down from ₹50.82 lakh in the previous year, primarily due to a significant drop in revenue. Revenue from operations for FY26 stood at ₹334.47 lakh, a decrease of 26.7% compared to ₹456.33 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹9.33 lakh, while revenue from operations was ₹67.70 lakh.

The Board of Directors, in its meeting held on May 29, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. The meeting also sanctioned the reappointment of Mr. Sumanta Samanta Singhar as the Internal Auditor for the financial year 2026-27, effective from April 1, 2026. The statutory auditors, M/s Ritu Gupta & Co., issued an unmodified opinion on the financial results.

Total income for the year decreased to ₹349.05 lakh from ₹465.06 lakh in the previous year. Total expenses for FY26 were reported at ₹335.31 lakh, lower than the ₹414.24 lakh recorded in FY25. The company's basic earnings per share (EPS) for the year stood at ₹0.32, compared to ₹1.06 in the prior year. The paid-up equity share capital remained unchanged at ₹527.05 lakh.

Financial Performance

Operational Highlights

The company stated that it is engaged in only one business segment, the export of carpets and made-ups. There were no investor complaints outstanding at the beginning or received during the quarter ended March 31, 2026. The results were reviewed by the Audit Committee and taken on record by the Board. The debt-equity ratio for the year stood at 0.12, up from 0.10 in the previous year.