Salona Cotspin FY26 net profit falls 50% to ₹156.14 lakh
Salona Cotspin Limited reported a 50.2% decline in FY26 net profit to ₹156.14 lakh, with revenue from operations falling to ₹59,381.62 lakh. The Board recommended a dividend of ₹0.60 per share and appointed a Cost Auditor for FY27.
*this image is generated using AI for illustrative purposes only.
Salona Cotspin Limited reported a net profit of ₹156.14 lakh for the financial year ended March 31, 2026, a decrease of 50.2% compared to ₹313.31 lakh in the previous year. The company's revenue from operations for the year stood at ₹59,381.62 lakh, down from ₹66,215.64 lakh in FY25. The Board of Directors approved the audited financial results on May 29, 2026, and recommended a dividend of ₹0.60 per share, or 6%, subject to shareholder approval at the ensuing Annual General Meeting.
For the quarter ended March 31, 2026, the company reported a net loss of ₹136.53 lakh, contrasting with a profit of ₹32.83 lakh in the preceding quarter ended December 31, 2025. Revenue from operations for the quarter was ₹11,045.56 lakh. The total comprehensive income for the year was ₹172.56 lakh, a decline from ₹333.54 lakh in the prior year. The Board also appointed Mr. B. Venkateswar, a Practicing Cost Accountant, as the Cost Auditor for FY27.
The statutory auditors, M/s Gopalaiyer & Subramanian, issued an unmodified opinion on the audited financial results. The meeting commenced at 3.00 P.M. and concluded at 05.40 P.M. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Financial Metric | FY26 (₹ in Lakh) | FY25 (₹ in Lakh) |
|---|---|---|
| Revenue from Operations | 59,381.62 | 66,215.64 |
| Net Profit | 156.14 | 313.31 |
| Total Income | 59,437.87 | 66,231.13 |
| Total Expenses | 58,958.90 | 65,677.61 |
The company's basic earnings per share (EPS) for FY26 was ₹2.97, down from ₹5.95 in the previous year. The paid-up equity share capital remained constant at ₹526.24 lakh. The Board noted that the implementation of new Labour Codes notified by the Government of India does not have a material impact on the financial results.
Historical Stock Returns for Salona Cotspin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.00% | +6.23% | +11.75% | +10.16% | +17.35% | +155.83% |
What strategic initiatives will Salona Cotspin implement to reverse the 50% decline in net profit and recover revenue growth?
How does the company plan to address the operational challenges that led to a net loss in the final quarter of FY26?
Will the reduced profit margins impact the company's ability to sustain the recommended dividend payout in future fiscal years?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
