Riba Textiles reports FY26 net profit of ₹812.63 lakh

1 min read     Updated on 29 May 2026, 09:45 PM
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AI Summary

Riba Textiles Limited reported a net profit of ₹812.63 lakh for FY26, down from ₹849.97 lakh in FY25, with revenue decreasing to ₹25537.89 lakh. For the quarter ended March 31, 2026, net profit increased to ₹333.78 lakh. The Board approved the audited results and re-appointed M/s Midha & Associates as internal auditors.

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Riba Textiles Limited reported a net profit of ₹812.63 lakh for the financial year ended March 31, 2026, compared to ₹849.97 lakh in the previous year. Revenue from operations for the year stood at ₹25537.89 lakh, a decrease from ₹29585.89 lakh in FY25. The company’s Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 29, 2026.

The statutory auditors, M/s Ashwani K Sindwani & Co., issued an audit report with an unmodified opinion on the standalone financial results. The results were reviewed by the Audit Committee and subsequently approved by the Board. The company operates in a single segment focused on the manufacturing of terry towels.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹333.78 lakh, up from ₹237.63 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹7305.50 lakh, compared to ₹8233.44 lakh in the same period last year. Total expenses for the quarter decreased to ₹6912.35 lakh from ₹7966.82 lakh in the prior year quarter.

The Board also approved the re-appointment of M/s Midha & Associates as internal auditors for the financial year 2026-27. The firm was appointed to conduct the internal audit of the company for FY27.

Key Financial Metrics

Particulars Year Ended 31/03/2026 (₹ in Lacs) Year Ended 31/03/2025 (₹ in Lacs)
Revenue from Operations 25537.89 29585.89
Total Revenue 25645.60 29612.62
Total Expenses 24573.71 28496.39
Profit for the Period 812.63 849.97
Earnings Per Share (Basic) 8.42 8.81

The company’s total assets as of March 31, 2026, stood at ₹21802.61 lakh, an increase from ₹18144.64 lakh in the previous year. Equity share capital remained unchanged at ₹965.29 lakh. The cash flow statement indicated a net increase in cash and cash equivalents of ₹160.56 lakh during the year, bringing the closing balance to ₹414.66 lakh.

Historical Stock Returns for Riba Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
+1.71%+2.79%-2.66%-24.96%-23.44%+19.44%

What strategies will Riba Textiles implement to reverse the decline in annual revenue while maintaining profitability?

How will the company utilize the increase in total assets to drive future growth in the terry towel segment?

What are the expected market conditions for FY27 that could impact both revenue and expense levels?

Riba Textiles board meets on May 29 to consider FY26 results

1 min read     Updated on 22 May 2026, 08:44 PM
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AI Summary

Riba Textiles Limited will hold a board meeting on May 29, 2026, to approve the standalone audited financial results for Q4 and FY26 ended March 31, 2026. The trading window for the company's securities remains closed until 48 hours after the results are declared, in line with SEBI regulations.

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Riba Textiles Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider, approve, and take on record the standalone audited financial results for the quarter and financial year ended on March 31, 2026. This intimation is made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The meeting will focus on the financial performance of the company for the fourth quarter of the fiscal year 2026 and the full fiscal year 2026. The board will review the standalone audited financial results. Apart from the financial results, the board may also consider any other matter as deemed appropriate during the proceedings.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has previously intimated the closure of the trading window. The trading window for dealing in the securities of riba textiles will remain closed until 48 hours after the declaration of the financial results. This measure is intended to ensure compliance with regulatory norms regarding insider trading during the period of unpublished price-sensitive information.

The notice was signed by Neha Dubey, Company Secretary & Compliance Officer, on May 22, 2026.

Historical Stock Returns for Riba Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
+1.71%+2.79%-2.66%-24.96%-23.44%+19.44%

How might Riba Textiles' FY2026 annual revenue and profit margins compare to the previous fiscal year, given the challenges in the textile sector?

Will the board consider announcing a dividend for FY2026 during the May 29 meeting, and what payout ratio could shareholders expect?

How could Riba Textiles' Q4 FY2026 results influence investor sentiment and the stock's performance once the trading window reopens?

More News on Riba Textiles

1 Year Returns:-23.44%