Minaxi Textiles reported a return to profitability in its first quarter of FY26, posting a net profit of ₹206.24 lakh for the three months ended June 30, 2026. This stands in sharp contrast to the net loss of ₹281.91 lakh incurred in the preceding quarter (Q4FY26). The Board of Directors approved the unaudited financial results at a meeting held on August 12, 2026.

The company’s total income from operations rose to ₹293.72 lakh in Q1FY26, compared to ₹257.31 lakh in the same quarter last year (Q1FY25), reflecting a year-on-year growth of roughly 14%. In terms of absolute figures, this also represents a sequential decline from the ₹428.49 lakh logged in Q4FY26.

Financial Performance

The bottom-line improvement was driven by operational performance, as the company reported no exceptional or extraordinary items for the period. The earnings per share (basic and diluted) stood at ₹1.72 per equity share of face value ₹5 each.

Note: Figures are standalone and unaudited. Source data presented in lakhs.

What the Numbers Show

The divergence between the top-line and bottom-line figures highlights the volatility in the company's recent profitability. While Q1FY26 revenue (₹293.72 lakh) was significantly lower than the peak recorded in Q4FY26 (₹428.49 lakh), the margin profile improved drastically. The company moved from a pre-tax loss of ₹281.91 lakh in the prior quarter to a pre-tax profit of ₹206.24 lakh, suggesting that cost structures or input prices may have normalized despite the lower sales volume compared to the immediate previous quarter.

Additionally, the net profit after tax remained identical to the pre-tax figure (₹206.24 lakh), indicating that there were no significant tax provisions or adjustments impacting the final bottom line for the quarter.

Minaxi Textiles has fixed Friday, September 18, 2026, as the record date for its 31st Annual General Meeting (AGM). The meeting is scheduled to take place on Friday, September 25, 2026, at 2:00 pm.

The company confirmed that the AGM will be conducted via Video Conferencing or Other Audio Visual Means (OAVM), adhering to relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The intimation regarding the record date was issued on August 12, 2026, following a Board of Directors meeting held at 3:00 pm on the same day. Dineshkumar P. Patel, Managing Director, signed the communication.

Further details regarding the manner of attending the AGM and casting votes will be included in the Notice of the 31st Annual General Meeting, which will be dispatched to shareholders in due course.