Precot Limited reported a 31% decline in net profit to ₹358.48 crore for the financial year ended March 31, 2026, down from ₹517.74 crore in the previous year. Revenue from operations increased 2.5% to ₹8,520.89 crore from ₹8,310.30 crore in FY25. The board recommended a final dividend of ₹4 per share, subject to shareholder approval at the ensuing Annual General Meeting.

The company’s profit for the period was impacted by a one-time incremental gratuity charge of ₹213.56 lakh due to the implementation of new Labour Codes effective November 21, 2025. Additionally, the company recognized a restatement loss of ₹314.84 lakh during the year. The statutory auditors, VKS Aiyer & Co., issued an unmodified opinion on the standalone and consolidated audited financial results.

Financial Performance

The standalone financial results for the year ended March 31, 2026, showed a decrease in profitability despite higher income. Total income rose to ₹8,887.08 crore from ₹8,725.09 crore in the previous year. Total expenses increased to ₹8,387.66 crore from ₹8,045.96 crore. Finance costs for the year stood at ₹372.03 crore, up from ₹286.86 crore in FY25.

Operational Details

The operations of the company primarily relate to the Textiles segment. In February 2025, the board decided to discontinue the operations of a spinning unit located in Hindupur, Andhra Pradesh, due to unsustainable losses. Consequently, the working results of this unit have been disclosed under Discontinued Operations. The loss from discontinued operations for the year ended March 31, 2025, included ₹1,119 lakh towards employee settlement.

The company’s subsidiary, Suprem Associates, does not have any business operations for the period. As a result, the standalone and consolidated financial results remain identical. The board meeting to approve these results was held on May 16, 2026.

Precot Limited has published its audited financial results for the quarter and financial year ended 31st March 2026, following approval by its Board of Directors at a meeting held on 16th May 2026. The results were published in Business Standard (National Daily) on 18th May 2026 and in Malai Murasu (Regional Daily) on 17th May 2026, in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Company Secretary Achuth Menon M, and the results were filed under Regulation 33 of SEBI LODR 2015.

FY26 Results Publication Details

The audited financial results for Q4 and the full financial year ended 31st March 2026 were approved by the Board of Directors at its meeting held on 16th May 2026. The results have been made available on the company's website at www.precot.com and on the stock exchange website at www.nseindia.com . The publication was authorised by Chairman & Managing Director Ashwin Chandran (DIN: 00001884), with the filing confirmed from Coimbatore.

Prior Quarter Financial Performance

In its previously reported quarterly results, Precot delivered a mixed performance, with revenue growth and improved operational margins offset by a year-on-year decline in net profit. The company's consolidated revenue rose to 2.5B rupees from 2.2B rupees in the year-ago period, reflecting healthy top-line growth. Net profit, however, declined to 117M rupees from 157M rupees on a year-on-year basis. The following table summarises the key financial metrics:

Operational Profitability Improves

Despite the decline in net profit, Precot's operational performance showed notable improvement during the reported quarter. EBITDA grew to 365M rupees from 281M rupees in the year-ago quarter, representing a meaningful increase in operating earnings. The EBITDA margin expanded to 14.60% from 12.88% year-on-year, signalling enhanced cost efficiency and better operational leverage at the company level.

Key Highlights

• FY26 audited results approved by the Board on 16th May 2026 and published per Regulation 33 of SEBI LODR 2015
• Revenue increased to 2.5B rupees from 2.2B rupees in the prior year comparative quarter
• Net profit declined to 117M rupees from 157M rupees on a year-on-year basis
• EBITDA improved to 365M rupees versus 281M rupees year-on-year
• EBITDA margin expanded to 14.60% from 12.88% year-on-year

Overall, Precot's latest regulatory filing confirms the timely publication of its audited results for Q4 and FY26 in compliance with SEBI listing requirements. The company's prior quarter results reflected a nuanced picture, with revenue and operating profitability trending upward on a year-on-year basis, while net profit saw a contraction. The EBITDA margin expansion to 14.60% from 12.88% underscores improved operational efficiency.

Source: None/Company/INE283A01014/5388f81fb74c43c3.pdf