Pushpsons Industries FY26 net profit falls 73% on lower revenue

1 min read     Updated on 29 May 2026, 01:31 PM
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Ashish TScanX News Team
AI Summary

Pushpsons Industries Limited reported a 73% decline in net profit to ₹13.74 lakh for FY26, driven by a 26.7% decrease in revenue to ₹334.47 lakh. The Board approved the audited results on May 29, 2026, with statutory auditors issuing an unmodified opinion.

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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

Particulars Year Ended 31/03/2026 (₹ in Lakhs) Year Ended 31/03/2025 (₹ in Lakhs)
Revenue from operations 334.47 456.33
Total Income 349.05 465.06
Total Expenses 335.31 414.24
Net Profit for the period 13.74 50.82
Basic EPS 0.32 1.06

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.

Historical Stock Returns for Pushpsons Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%0.0%+192.63%+4,966.67%

What strategic initiatives will Pushpsons Industries implement to reverse the 26.7% decline in revenue?

How will the company manage its debt levels given the increase in the debt-equity ratio to 0.12?

Are there any anticipated changes in the export market that could impact the carpet and made-ups segment in FY27?

Hem Holdings returns to profitability with ₹61.15 lakh profit in FY26

1 min read     Updated on 28 May 2026, 08:27 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Hem Holdings and Trading Limited returned to profitability in FY26 with a net profit of ₹61.15 lakh, reversing a loss of ₹120.31 lakh in FY25. Revenue rose to ₹71.34 lakh while expenses fell sharply to ₹10.18 lakh. The board approved the audited results on May 27, 2026.

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Hem Holdings and Trading Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹61.15 lakh compared to a net loss of ₹120.31 lakh in the previous year. The turnaround was driven by a significant reduction in total expenses to ₹10.18 lakh from ₹157.77 lakh in FY25, alongside a rise in revenue from operations to ₹71.13 lakh from ₹29.96 lakh. The company's board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹5.83 lakh, reversing the net loss of ₹126.78 lakh recorded in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹7.98 lakh. Total income for the full year increased to ₹71.34 lakh from ₹37.46 lakh in the previous year. The statutory auditor, B.M. Gattani & Co., issued an unmodified opinion on the results.

Metric FY26 (₹ in lakh) FY25 (₹ in lakh)
Net Profit 61.15 (120.31)
Total Income 71.34 37.46
Total Expenses 10.18 157.77
Earnings Per Share (Basic) 25.48 (50.13)

Operational Updates

The board approved the transfer of the Registrar and Transfer Agent (RTA) responsibilities from MUFG Intime India Pvt. Ltd. (Mumbai) to MUFG Intime India Pvt. Ltd. (Delhi). The company confirmed that there were no investor complaints pending at the end of the quarter. The trading window for insiders, which closed on April 1, 2026, will reopen 48 hours after the financial results are made public.

Historical Stock Returns for Pushpsons Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%0.0%+192.63%+4,966.67%

What specific strategies were implemented to achieve such a drastic reduction in total expenses?

Is the revenue growth sustainable, and what are the projections for the upcoming fiscal year?

Will the company consider dividend payouts or reinvestment of profits to further strengthen operations?

More News on Pushpsons Industries

1 Year Returns:+192.63%