Siddheswari Garments Q1 Results: Net loss narrows to ₹1.85 lakh

Siddheswari Garments reported a narrowed net loss for the first quarter of FY27, reflecting stable operational revenue despite continued profitability challenges. For the quarter ended June 30, 2026, the company posted a net loss of ₹1.85 lakh, compared to a loss of ₹2.33 lakh in the same period last year. Total income from operations remained unchanged at ₹7.24 lakh, indicating flat top-line growth year-on-year.

The results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on August 14, 2026. The statutory auditor carried out a limited review of the unaudited financial statements.

Financial Highlights

Metric:	Q1FY27	Q1FY26	Change
Total Income:	₹7.24 lakh	₹7.13 lakh	+1.5%
Net Profit/(Loss):	-₹1.85 lakh	-₹2.33 lakh	Improved
EPS (Basic & Diluted):	-₹0.06	-₹0.07	Improved

Note: The table above reflects data explicitly disclosed in the filing for Q1FY27 and Q1FY26 comparisons.

What the Numbers Show

While the headline revenue figure appears flat at ₹7.24 lakh against ₹7.13 lakh in the prior year, the narrowing of the net loss from ₹2.33 lakh to ₹1.85 lakh suggests improved cost management or lower exceptional expenses during the period. The total comprehensive income for the quarter was recorded at a loss of ₹0.18 lakh, significantly lower than the comprehensive income of ₹447.59 lakh reported for the full year ended March 31, 2026, highlighting the volatility in periodic performance versus annual outcomes. The equity share capital remained constant at ₹330.99 lakh.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.98%	+25.96%	+27.69%	-12.80%	-9.32%	+326.51%

Siddheswari Garments Limited reported a net profit of ₹2.31 lakh for the financial year ended March 31, 2026, a significant increase from ₹0.43 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. The statutory auditors issued an unmodified opinion on the standalone financial results, which were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Total income for the year rose to ₹35.82 lakh from ₹30.21 lakh in FY25, driven entirely by other income as revenue from operations remained nil. Total expenses increased to ₹32.68 lakh from ₹29.23 lakh in the prior year. The board recommended no dividend for the year in view of low profit.

Financial Performance for FY26

Particulars	Year Ended 31.03.2026 (₹ in Lacs)	Year Ended 31.03.2025 (₹ in Lacs)
Total Income	35.82	30.21
Total Expenses	32.68	29.23
Profit Before Tax	3.14	0.98
Net Profit	2.31	0.43
Earnings Per Share (Basic)	0.07	0.01

The company's net profit for the quarter ended March 31, 2026, stood at ₹2.99 lakh, compared to ₹2.04 lakh in the corresponding period of the previous year. Other comprehensive income for the year surged to ₹445.28 lakh from ₹376.32 lakh in FY25. The paid-up equity share capital remained constant at ₹330.99 lakh.

Assets and Liabilities

The total assets of the company increased to ₹3,562.67 lakh as of March 31, 2026, from ₹3,121.38 lakh a year ago. Non-current assets, primarily comprising investments, grew to ₹3,461.37 lakh from ₹3,058.34 lakh. Total equity also rose to ₹3,560.86 lakh from ₹3,113.27 lakh in the previous year. Cash and cash equivalents improved to ₹63.31 lakh from ₹41.81 lakh at the end of FY25.