Sri Ramakrishna Mills schedules 79th AGM for September 28

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Sri Ramakrishna Mills schedules its 79th AGM for September 28, 2026
  • The meeting will take place at the SNR Auditorium in Coimbatore
  • Book closure for equity shares runs from September 22 to September 28
  • The cut-off date for e-voting and AGM voting is September 21, 2026
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Sri Ramakrishna Mills has scheduled its 79th Annual General Meeting for Monday, September 28, 2026. The meeting will be held at the SNR Auditorium in Coimbatore at 11:30 am.

The Board of Directors announced the dates for the closure of the Register of Members and Transfer books for the financial year ended March 31, 2026.

Meeting and Voting Details

The company specified the timeline for shareholder participation and record determination.

Detail Information
AGM Date September 28, 2026
Time 11:30 am
Venue SNR Auditorium, Coimbatore
Book Closure Period September 22 to September 28, 2026
E-voting Cut-off September 21, 2026

Shareholders holding equity shares as of the cut-off date for remote e-voting and voting at the AGM on September 21, 2026, will be eligible to participate. The book closure period remains open from September 22 through September 28, inclusive.

Historical Stock Returns for Sri Ramakrishna Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+1.81%+2.67%+3.57%+38.76%+14.92%0.0%

What key financial metrics or strategic initiatives are expected to be highlighted by the Board during the 79th AGM?

How might the upcoming dividend declaration at the AGM impact Sri Ramakrishna Mills' stock valuation in Q4 2026?

Are there any proposed changes to the Board of Directors or management structure that shareholders should anticipate?

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Sri Ramakrishna Mills Q1 Results: Net loss narrows to ₹34.71 crore

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Reviewed by
Ashish TScanX News Team
Key Highlights

Sri Ramakrishna Mills (Coimbatore) Ltd posted a Q1FY26 standalone net loss of ₹34.71 crore, a sharp improvement from the ₹171.37 crore loss in Q1FY25. Revenue rose 20% YoY to ₹2,444.57 crore. Pre-tax losses narrowed significantly to ₹19.49 crore. Reserves remained at ₹355.84 crore.

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Sri Ramakrishna Mills (Coimbatore) Ltd reported a narrowed net loss of ₹34.71 crore for the quarter ended June 30, 2026, compared to a loss of ₹171.37 crore in the corresponding period of the previous fiscal year. The textile manufacturer’s total income from operations for Q1FY26 stood at ₹2,444.57 crore.

The Board of Directors approved the unaudited financial results in its meeting held on August 13, 2026. The results were subjected to a limited review by the statutory auditors in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s pre-tax loss after exceptional and extraordinary items was ₹19.49 crore for the quarter, down from ₹175.72 crore in Q1FY25. This operational improvement translated to a post-tax loss of ₹34.71 crore, reflecting a substantial year-on-year reduction in losses.

Metric Q1FY26 Q1FY25 Change
Total Income from Operations ₹2,444.57 crore ₹2,032.75 crore +20.2%
Net Profit / (Loss) Before Tax -₹19.49 crore -₹175.72 crore Improved
Net Profit / (Loss) After Tax -₹34.71 crore -₹171.37 crore Improved

Revenue from operations increased by approximately 20% year-on-year, rising from ₹2,032.75 crore in Q1FY25 to ₹2,444.57 crore in Q1FY26. Despite the revenue growth, the company continued to report a net loss, although the magnitude of the loss decreased significantly.

What the Numbers Show

The divergence between revenue growth and the narrowing loss suggests improved cost management or margin expansion during the quarter. While the company remains in a loss-making position, the reduction in pre-tax loss from ₹175.72 crore to ₹19.49 crore indicates a meaningful turnaround in operational efficiency relative to the prior year period.

Balance Sheet Position

As on June 30, 2026, Sri Ramakrishna Mills’ equity share capital remained unchanged at ₹507.19 crore. Reserves, excluding revaluation reserves, stood at ₹355.84 crore, consistent with the position at the end of FY25. The basic and diluted earnings per share for the quarter were -₹0.68, compared to -₹3.38 in Q1FY25.

The full financial results and the limited review report are available on the company’s website at www.ramakrishnamills.com .

Historical Stock Returns for Sri Ramakrishna Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+1.81%+2.67%+3.57%+38.76%+14.92%0.0%

What specific operational strategies or cost-cutting measures drove the significant reduction in pre-tax loss despite only moderate revenue growth?

How does the current margin structure compare to industry peers, and is the company on track to achieve profitability in the upcoming quarters?

What are the key drivers behind the 20% year-on-year increase in revenue from operations, such as volume expansion, pricing power, or new market entries?

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1 Year Returns:+14.92%