Nutech Global reported a net loss of ₹9.84 lakh for the quarter ended June 30, 2026, narrowing from a loss of ₹13.64 lakh in the corresponding period of the previous year. The improvement was primarily driven by a significant rise in other income, which surged to ₹1,071.82 lakh from ₹756.34 lakh in Q1FY25. Total income stood at ₹1,071.82 lakh, while total expenses increased to ₹1,072.63 lakh from ₹756.34 lakh. Alongside the financial results, the Board of Directors appointed Rohan Mukhija as an Additional Director and Whole-time Director, effective August 8, 2026.

The appointment of Rohan Mukhija is subject to shareholder approval at the ensuing General Meeting. Mukhija, son of Managing Director Rajeev Mukhija, brings over 10 years of experience in the textile industry, including tenures at Breakbounce India Limited and Sangam India Limited. He holds a Bachelor’s degree in Business Finance from Durham University and a postgraduate degree in Accounting and Finance from the London School of Economics and Political Science. The Board confirmed that he is not debarred from holding office by any SEBI order or other authority.

Financial Performance

The company’s unaudited financial results for Q1FY26 were reviewed by Deepak Agal & Company Chartered Accountants, the statutory auditors, who issued an unqualified limited review report. The results were prepared in accordance with Ind AS 34 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee recommended the results, which were approved by the Board of Directors at its meeting held on August 8, 2026.

Total income increased to ₹1,071.82 lakh from ₹756.34 lakh in the corresponding quarter of the previous year. This growth was largely attributed to higher other income, which rose to ₹1,071.82 lakh from ₹756.34 lakh. Expenses also saw a significant increase, rising to ₹1,072.63 lakh from ₹756.34 lakh. Key expense components included purchases of stock-in-trade at ₹173.43 lakh and changes in inventories at ₹741.29 lakh. Employee benefit expenses decreased to (₹77.48 lakh) compared to (₹18.48 lakh) in Q1FY25, indicating a reduction in costs or accounting adjustments. Finance costs remained relatively stable at ₹52.10 lakh.

What the Numbers Show

The narrowing of the net loss from ₹13.64 lakh to ₹9.84 lakh suggests improved operational efficiency or better management of non-operating items, despite the increase in total expenses. The significant rise in other income, which constitutes the bulk of total income, highlights its critical role in the company’s current financial structure. However, with revenue from operations not distinctly separated in the provided summary lines, the core business performance remains obscured by the dominance of other income. Investors should monitor whether this trend in other income is sustainable or if it masks underlying operational challenges in the textile segment.

Nutech Global Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹15.78 lakh compared to a net loss of ₹23.11 lakh in the previous year. The company's revenue from operations for the year increased to ₹4070.83 lakh from ₹3510.94 lakh in FY25. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company reported a net profit of ₹0.72 lakh, a decline from ₹11.52 lakh in the preceding quarter ended December 31, 2025. Revenue for the quarter stood at ₹702.46 lakh, down from ₹1092.84 lakh in Q3FY26. The statutory auditors issued an unmodified opinion on the financial results.

Financial Performance

The company's total income for FY26 was ₹4071.67 lakh, up from ₹3513.33 lakh in the previous year. Total expenses for the year amounted to ₹4050.50 lakh, compared to ₹3562.59 lakh in FY25. The board also reviewed the Auditor's Report accompanying the financial statements.

Board Decisions

The board approved the appointment of M/s. S P Kacholiya & Associates (FRN: 022674C) as the internal auditor for the financial year 2026-27. The meeting was conducted in compliance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for designated persons and their immediate relatives, which had been closed since April 1, 2026, will reopen 48 hours after the declaration of the financial results.