Sueryaa Knitwear Q1 Results: Net loss narrows to ₹3.33 lakh

1 min read     Updated on 07 Aug 2026, 05:33 PM
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AI Summary

Sueryaa Knitwear Limited posted a standalone net loss of ₹3.33 lakh in Q1FY27, an improvement over the ₹3.88 lakh loss in Q1FY26. Other income was ₹0.52 lakh. Revenue from operations was not disclosed. EPS was negative ₹0.13.

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Sueryaa Knitwear Limited reported a narrowed standalone net loss of ₹3.33 lakh for the quarter ended June 30, 2026, compared to a ₹3.88 lakh loss in the corresponding period of the previous fiscal year. The Ludhiana-based apparel manufacturer’s Board approved the unaudited financial results on August 5, 2026, and filed them with the BSE under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company recorded ₹0.52 lakh in other income for Q1FY27, up from nil in the same quarter last year but down from ₹1.39 lakh in the preceding quarter. Total income from operations was not disclosed in the filing. The net loss before tax and exceptional items remained at ₹3.33 lakh, consistent with the post-tax figure as no tax impact was reported for the period.

Financial Performance

Metric Q1FY27 (₹ lakh) Q4FY26 (₹ lakh) Q1FY26 (₹ lakh) FY26 (₹ lakh)
Other Income 0.52 1.39 - 3.05
Net Loss (Pre-Tax) -3.33 -3.11 -3.88 -6.75
Net Loss (Post-Tax) -3.33 -3.26 -3.88 -6.90
Total Comprehensive Income -3.33 -10.61 -3.88 -6.90
EPS Basic (₹) -0.13 -0.13 -0.14 -0.27

The equity share capital remained unchanged at ₹259.78 lakh. Reserves, excluding revaluation reserves, stood at negative ₹68.52 lakh as per the audited balance sheet of the previous year. Earnings per share for continuing operations were negative ₹0.13, improving slightly from negative ₹0.14 in Q1FY26.

What the Numbers Show

The narrowing of the net loss from ₹3.88 lakh to ₹3.33 lakh year-over-year suggests a marginal improvement in cost management or operational efficiency, despite the absence of disclosed revenue from operations. However, the reliance on other income, which contributed ₹0.52 lakh against zero in the prior year, highlights that core operational profitability remains unquantified in this filing. The total comprehensive income matched the net loss, indicating no other comprehensive income items impacted the bottom line.

The full format of the quarterly financial results is available on the BSE website and the company’s official site. The results were signed off by Aliva Dey, Whole Time Director, on August 5, 2026, in Jaipur.

Historical Stock Returns for Sueryaa Knitwear

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Will Sueryaa Knitwear disclose revenue from operations in future filings, and what is driving the current lack of transparency in core operational metrics?

Given the negative reserves of ₹68.52 lakh, what specific capital restructuring or equity infusion plans does the company have to stabilize its balance sheet?

How does the company intend to convert the marginal improvement in net loss into actual profitability amidst the competitive Ludhiana apparel manufacturing landscape?

Sueryaa Knitwear board approves trading window closure and compliance reports

2 min read     Updated on 05 Aug 2026, 07:58 PM
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Reviewed by
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AI Summary

Sueryaa Knitwear Limited’s Board of Directors convened on August 5, 2026, in Jaipur to approve the closure of the trading window for designated persons and review key compliance reports for the quarter ended June 30, 2026. The Board noted the Certificate of Non-Applicability for Corporate Governance, the Share Capital Audit Report, and the shareholding pattern in accordance with SEBI regulations.

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Sueryaa Knitwear Limited held its Board of Directors meeting on August 5, 2026, at its corporate office in Jaipur, Rajasthan, to approve regulatory compliance matters for the quarter ended June 30, 2026. The primary outcome was the approval of the trading window closure for designated persons, ensuring adherence to insider trading norms during the sensitive period following the announcement of financial results.

The meeting, which commenced at 3:00 P.M. and concluded at 4:10 P.M., also involved the review of several statutory reports required under SEBI regulations. The Board took note of the Certificate of Non-Applicability of Compliance with Report on Corporate Governance under Integrated (Governance), as mandated by Regulation 27(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key Compliance Approvals

The Board reviewed and noted the following documents for the quarter ended June 30, 2026:

Compliance Item Regulatory Reference Status
Trading Window Closure SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 Approved
Corporate Governance Certificate Regulation 27(2) of SEBI (LODR) Regulations, 2015 Noted (Non-Applicable)
Share Capital Audit Report Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 Noted
Shareholding Pattern Regulation 31 of SEBI (LODR) Regulations, 2015 Noted
Confirmation Certificate Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 Noted

The Share Capital Audit Report was reviewed under Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018, ensuring the reconciliation of share capital records with depositories. Additionally, the Board noted the shareholding pattern as required by Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, providing transparency into the company's ownership structure for the quarter.

A Confirmation Certificate regarding Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, was also taken on record. This regulation pertains to the issuance of shares and ensures that all procedural requirements for share allotment and credit to investor accounts have been met.

What the Numbers Show

The filing indicates a standard quarterly compliance cycle for Sueryaa Knitwear Limited. The non-applicability of the integrated corporate governance report suggests the company may fall under specific exemptions or thresholds defined by SEBI for such disclosures, a common status for smaller listed entities. The timely approval of the trading window closure demonstrates adherence to market integrity standards, preventing designated persons from trading during periods when unpublished price-sensitive information may exist.

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How might the non-applicability of the integrated corporate governance report impact Sueryaa Knitwear's appeal to institutional investors seeking robust ESG compliance?

What are the expected implications for stock liquidity and volatility once the trading window for designated persons reopens following this quarter's results?

Could changes in SEBI regulations regarding corporate governance thresholds for smaller listed entities affect Sueryaa Knitwear's future disclosure obligations?

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