Minaxi Textiles Limited has scheduled its 31st Annual General Meeting (AGM) for Friday, September 25, 2026, at 2:00 pm Indian Standard Time. The meeting will be conducted through Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India regulations.

Meeting Details

Shareholders will receive electronic copies of the AGM notice and the Annual Report for FY26 via email. These documents are also available on the company’s website and the Bombay Stock Exchange portal.

Key Information

• Date: September 25, 2026
• Time: 2:00 pm IST
• Mode: Video Conferencing / Other Audio Visual Means
• Business: Transacting business as set out in the notice for FY26

Members holding shares in dematerialized mode are requested to update their contact details with their depository participants. Physical shareholders must register their email addresses using Form ISR-1 and ISR-2 available on the company website or Registrar and Share Transfer Agent portal.

Remote e-voting facilities will be provided for all members, with specific instructions detailed in the formal AGM notice.

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.