Seasons Textiles Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹16.55 lakh compared to a net loss of ₹33.53 lakh in the previous year. The company's revenue from operations stood at ₹2,329.86 lakh for the period, while total expenses decreased to ₹2,325.12 lakh from ₹2,770.72 lakh in FY25. The board has recommended the appointment of Mrs. Neelam Wadhwa as a Whole Time Director, subject to shareholder approval at the upcoming Annual General Meeting.

The company’s 40th Annual General Meeting is scheduled for August 19, 2026, at 12:30 p.m. via Video Conferencing. The Register of Members and Share Transfer Books will remain closed from August 13, 2026, to August 19, 2026, for the purpose of the AGM. The cut-off date for determining members eligible for remote e-voting is August 12, 2026.

Financial Performance

The financial performance for the year ended March 31, 2026, shows a significant turnaround. Profit before tax stood at ₹13.21 lakh, a reversal from the loss before tax of ₹30.91 lakh in the prior year. Earnings per share (EPS) improved to ₹0.22 from a negative ₹0.45 in FY25. The board did not recommend any dividend for the year, citing future growth plans.

Corporate Governance and Compliance

M/s Bhatia & Bhatia, Chartered Accountants, were appointed as Statutory Auditors for a period of five years up to the conclusion of the 41st AGM. The Secretarial Audit Report for the year did not contain any qualifications or adverse remarks. The company confirmed that it has not accepted any deposits from the public and has not issued any debt instruments during the financial year. The statutory auditors reported no fraud under Section 143(12) of the Companies Act, 2013.

Seasons Textiles Limited reported a return to profitability for the financial year ended March 31, 2026, with a net profit of ₹16.55 lakh compared to a net loss of ₹33.53 lakh in the previous year. The company's revenue from operations declined to ₹2,329.86 lakh for FY26 from ₹2,730.12 lakh in FY25. The Board of Directors approved the audited standalone financial results on May 29, 2026.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹4.44 lakh, while revenue from operations stood at ₹492.74 lakh. Total income for the quarter was ₹496.25 lakh. Expenses for the year totaled ₹2,325.12 lakh, down from ₹2,770.72 lakh in the prior year.

The statutory auditors, M/s. Bhatia and Bhatia, Chartered Accountants, submitted their audit reports with an unmodified opinion on the standalone financial results for the quarter and year ended March 31, 2026. The auditors confirmed that the company has not incurred cash losses during the financial years 2024-25 and 2025-26. No dividend was declared or paid during the year.

Financial Performance

The following table summarizes the key financial metrics for Seasons Textiles Limited for the year ended March 31, 2026, compared to the previous year:

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹5,866.08 lakh, a decrease from ₹6,121.76 lakh in the previous year. Total equity increased to ₹3,508.68 lakh from ₹3,477.64 lakh. Current liabilities reduced significantly to ₹1,081.20 lakh from ₹1,377.51 lakh in the prior year. The company reported that it had no outstanding qualified borrowings or incremental qualified borrowings for the year ending March 31, 2026.