Scoobee Day Garments Q1FY27 net loss widens to ₹38.9 lakh as revenue falls 49%
Scoobee Day Garments reported a Q1FY27 net loss of ₹38.9 lakh, a reversal from the ₹87.4 lakh profit in Q1FY26. Revenue fell 49% YoY to ₹800.0 lakh, driven by a sharp decline in the garments segment. The Board approved the results on August 14, 2026, and scheduled the AGM for September 29, 2026.
*this image is generated using AI for illustrative purposes only.
Scoobee Day Garments (India) Limited reported a standalone net loss of ₹38.9 lakh for the quarter ended June 30, 2026, reversing the net profit of ₹87.4 lakh recorded in Q1FY26. The company’s revenue from operations contracted significantly, falling 49% year-on-year to ₹800.0 lakh from ₹1,577.5 lakh in the prior year period.
The financial results were approved by the Board of Directors at a meeting held on August 14, 2026. The unaudited standalone results were reviewed by statutory auditors Varma & Varma Chartered Accountants in accordance with Standard on Review Engagements (SRE) 2410 and Regulation 33 of SEBI (LODR) Regulations 2015.
Financial Performance
Revenue decline was primarily led by the core garments segment, which contributed ₹741.6 lakh to total sales, down from ₹1,493.8 lakh in Q1FY25. The aluminium roofing and accessories segment also saw a contraction, with revenue falling to ₹45.5 lakh from ₹60.3 lakh year-ago.
Total expenses for the quarter stood at ₹852.4 lakh, higher than the total income of ₹800.0 lakh. Key expense components included:
- Cost of materials consumed: ₹339.1 lakh
- Employee benefits expense: ₹299.0 lakh
- Other expenses: ₹145.0 lakh
- Depreciation and amortization: ₹72.9 lakh
Finance costs remained relatively stable at ₹30.7 lakh, compared to ₹69.5 lakh in Q1FY25. The company reported no exceptional items during the period.
| Metric | Q1FY27 (₹ Lakh) | Q1FY26 (₹ Lakh) | Change |
|---|---|---|---|
| Revenue from Operations | 800.04 | 1,577.52 | -49.3% |
| Total Income | 800.04 | 1,577.52 | -49.3% |
| Total Expenses | 852.44 | 1,460.27 | -41.6% |
| Net Profit/(Loss) | (38.92) | 87.36 | Turn to Loss |
Note: The significant variance in absolute figures between Q1FY27 and Q1FY26 reflects operational scaling or reporting adjustments as per the filed data.
What the Numbers Show
A notable divergence exists between revenue generation and profitability. While the garments segment generated ₹741.6 lakh in revenue, it posted a segment result of just ₹0.7 lakh before tax and interest. In contrast, the aluminium roofing segment reported a loss of ₹3.5 lakh despite lower revenue of ₹45.5 lakh. This indicates that the core garments business is operating on extremely thin margins, with unallocable expenditures and finance costs further eroding the bottom line. The shift from a ₹117.3 lakh pre-tax profit in Q1FY26 to a ₹52.4 lakh pre-tax loss in Q1FY27 highlights pressure on operational efficiency despite top-line activity.
Corporate Developments
During the meeting, the Board considered the continuation of Mr. K L V Narayanan as Managing Director upon attaining the age of 70 years during his current term. This approval is subject to shareholder consent at the ensuing Annual General Meeting (AGM).
The company has scheduled its 32nd AGM for Tuesday, September 29, 2026, at 12:00 pm. The meeting will be conducted through Video Conference and Other Audio-Visual Means (OAVM), in compliance with relevant regulatory circulars.
The paid-up equity share capital remains unchanged at ₹1,692.0 lakh. Basic earnings per share (EPS) recorded a loss of ₹0.23, compared to a profit of ₹0.65 in Q1FY26.
Historical Stock Returns for Scoobee Day Garments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +3.49% | -5.01% | -10.57% | -29.21% | 0.0% |
What specific strategic measures will Scoobee Day Garments implement to reverse the 49% year-on-year revenue decline in its core garments segment?
How does the company plan to improve the extremely thin margins in the garments business, given that segmental profit before tax was only ₹0.7 lakh on ₹741.6 lakh revenue?
Will the Board's proposal to retain Mr. K L V Narayanan as Managing Director beyond age 70 face significant resistance from shareholders at the upcoming AGM amidst recent financial losses?
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