SPL Industries Limited reported a standalone net profit of ₹157.75 million for the quarter ended June 30, 2026, compared to a net loss of ₹49.74 million in the quarter ended March 31, 2026. Total income for the quarter increased to ₹5,403.66 million from ₹4,843.08 million in the previous quarter. The company's net worth stood at ₹22,086.73 million as of June 30, 2026.

Financial Performance

The company's paid-up equity share capital remained stable at ₹6,039.50 million during the period. Reserves, excluding securities premium, grew to ₹5,086.98 million from ₹4,859.79 million in the previous quarter. The securities premium account was recorded at ₹11,061.65 million.

Key Metrics

The debt-equity ratio increased to 1.79 times from 1.48 times in the prior quarter. Earnings per share (basic) improved to ₹0.26 from a loss of ₹0.12 per share in the previous quarter. The debt service coverage ratio stood at 0.63 times, while the interest service coverage ratio was recorded at 1.28 times.

Annual General Meeting

SPL Industries Limited has scheduled its 35th Annual General Meeting for Thursday, August 13, 2026, at 11:00 A.M. via Video Conferencing. The record date for determining members entitled to vote is Thursday, August 6, 2026. Remote e-voting commences on August 9, 2026, at 10:00 A.M. and concludes on August 12, 2026, at 05:00 P.M.

SPL Industries reported a standalone net profit of Rs 706.10 lakh for the financial year ended March 31, 2026, a decrease from Rs 979.15 lakh in the previous year. Total revenue for the period stood at Rs 8,878.11 lakh, compared to Rs 15,319.61 lakh in FY25, as the company navigated challenging market conditions in the textile industry.

The company attributed the decline in financial performance to subdued domestic and export demand, pricing pressures, and geopolitical uncertainties affecting global trade. Despite the revenue contraction, the board has decided not to declare any dividend for the financial year 2025-26 to conserve resources.

Financial Performance

On a standalone basis, revenue from operations decreased to Rs 6,954.01 lakh from Rs 13,942.23 lakh in the prior year. Other income rose to Rs 1,924.10 lakh from Rs 1,377.38 lakh. The profit before tax stood at Rs 609.94 lakh, down from Rs 1,295.24 lakh in FY25. The earnings per share (EPS) for the reporting year was Rs 2.43.

Operational Highlights

The company noted that the financial year was marked by volatile raw material prices and increased competition from low-cost manufacturing countries. Management stated that despite the lower profitability, the company remains financially strong and focused on operational efficiency and cost management to create long-term shareholder value.

The paid-up equity share capital as of March 31, 2026, was Rs 29.00 crore, consisting of 2,90,00,004 equity shares of Rs 10 each fully paid-up. The company’s equity shares are listed on BSE Limited and the National Stock Exchange of India Limited.