Riba Textiles reports FY26 net profit of ₹812.63 lakh
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?




























