Shree Ram Twistex Limited has filed its unaudited financial results for the quarter ended June 30, 2026. The cotton yarn manufacturer disclosed the results pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The filing confirms that the unaudited financial results have been published in newspaper advertisements and submitted to the stock exchanges.

Filing Details

The company’s Managing Director, Bhaveshbhai Bikhubhai Ramani, signed the disclosure on August 13, 2026. The results were published in English daily newspapers as per regulatory requirements. The company also directed investors to its website and the stock exchange portals for further details on the financial performance.

The provided source material contains only the cover letter and regulatory notice for the filing. It does not include the specific financial figures such as revenue, net profit, or EBITDA for the quarter. Consequently, no analytical observation regarding financial trends or margins can be derived from this document.

Shree Ram Twistex Limited reported a net profit of ₹360.86 lakh for the quarter ended June 30, 2026, marking a 4.75% increase from ₹344.48 lakh in the corresponding period of the previous year. Revenue from operations surged 46.60% to ₹9,271.97 lakh, up from ₹6,324.60 lakh in Q1FY25. The company also disclosed a variation in the utilization of proceeds from its public issue, approved by shareholders on June 1, 2026, involving the reallocation of surplus funds from its wind power project.

The Board of Directors, chaired by Managing Director Bhaveshbhai Bhikhubhai Ramani, approved the unaudited financial results on August 12, 2026. The results were reviewed by the statutory auditors, Doshi Doshi & Co., in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates in a single reportable segment: cotton yarn manufacturing.

Financial Performance

Revenue growth was driven by higher operational activity, although cost of materials consumed also rose significantly to ₹8,413.12 lakh from ₹5,842.89 lakh in the prior year quarter. Profit before tax stood at ₹647.86 lakh, compared to ₹487.16 lakh in Q1FY25. Total tax expenses were ₹287.00 lakh, including current tax of ₹136.38 lakh and deferred tax of ₹150.61 lakh.

Other income declined to ₹34.74 lakh from ₹7.81 lakh in the previous year quarter. Employee benefits expense decreased slightly to ₹93.36 lakh from ₹111.43 lakh. Finance costs rose to ₹262.63 lakh from ₹158.90 lakh, reflecting increased borrowing costs or debt levels. Depreciation and amortization expenses were ₹208.40 lakh, up from ₹174.18 lakh.

IPO Proceeds Utilization Variation

The company filed a statement of deviation in the use of IPO proceeds under Regulation 32 of the SEBI LODR Regulations. Shareholders approved the variation on June 1, 2026. The original plan included setting up a 4.2 MW wind power plant comprising two 2.1 MW turbine generators at a cost of ₹3,900.00 lakh.

Due to a shorter estimated completion timeframe for a smaller capacity, the company revised the project to install one 3.1 MW wind turbine generator. This reduced the required allocation to ₹2,511.00 lakh, creating a surplus of ₹1,389.00 lakh. The surplus was reallocated as follows:

• Machinery for expansion: ₹525.74 lakh
• Repayment of State Bank of India outstanding: ₹863.26 lakh

As of June 30, 2026, the company had utilized ₹1,369.16 lakh towards the wind power plant. The remaining balance lies in fixed deposits with State Bank of India. Other IPO objects, including the 6.1 MW solar power plant and working capital requirements, were fully utilized as of March 2026.

What the Numbers Show

The significant rise in revenue outpaced the growth in total expenses, leading to an expansion in profit before tax by nearly 33%. However, net profit growth remained modest at 4.75%, indicating that tax expenses and other non-operational factors absorbed much of the operational gain. The reallocation of IPO proceeds towards debt repayment suggests a strategic move to reduce leverage and improve the balance sheet structure, while the shift in wind power capacity aims for faster project completion.