Tuni Textile Mills Q1 Results: Net profit rises to ₹26.50 lakh

Tuni Textile Mills Limited reported a net profit of ₹26.50 lakh for the quarter ended June 30, 2026 (Q1FY27), marking an improvement from the ₹20.45 lakh profit recorded in the corresponding period of the previous fiscal year. This result follows a net loss of ₹15.87 lakh in the immediately preceding quarter ended March 31, 2026, indicating a return to profitability for the textile manufacturer. Revenue from operations stood at ₹2,342.64 lakh, up from ₹2,276.95 lakh in Q1FY26.

The Board of Directors approved the unaudited financial results at a meeting held on August 12, 2026. The submission complies with Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. K. K. Jhunjhunwala & Co., the statutory auditors, issued a limited review report on the interim financial information, confirming that the statements disclose all required information and contain no material misstatements.

Financial Performance

The company’s total income for the quarter was ₹2,346.62 lakh, driven primarily by revenue from operations. Other income contributed ₹3.98 lakh. Total expenses amounted to ₹2,310.80 lakh, with purchases of stock in trade being the largest component at ₹2,819.73 lakh. However, this was partially offset by a decrease in inventories of finished goods, stock in trade, and work in progress, which reduced expenses by ₹726.84 lakh.

Particulars	Q1FY27 (₹ lakh)	Q4FY26 (₹ lakh)	Q1FY26 (₹ lakh)
Revenue from Operations	2,342.64	1,739.61	2,276.95
Total Income	2,346.62	1,746.73	2,277.51
Total Expenses	2,310.80	1,740.51	2,250.20
Profit Before Tax	35.82	6.22	27.32
Net Profit After Tax	26.50	-15.87	20.45
EPS (Basic & Diluted)	₹0.02	-₹0.01	₹0.02

Profit before tax reached ₹35.82 lakh, compared to ₹6.22 lakh in Q4FY26 and ₹27.32 lakh in Q1FY26. Tax expenses for the quarter were ₹9.31 lakh, consisting entirely of current tax, as there were no deferred tax charges or adjustments for earlier periods in this quarter.

Rights Issue Progress

Tuni Textile Mills initiated a rights issue of equity shares during FY26 to raise funds. The company incurred costs aggregating to ₹65.05 lakh towards this proposed issue, including ₹60.31 lakh for stamp duty and fees related to the increase in authorized share capital. These qualifying costs have been deferred and disclosed under other current assets pending completion of the transaction.

As of June 30, 2026, the requisite approvals for the rights issue had not yet been fully received. However, the company noted that it obtained in-principle approval for the rights issue via a letter from the BSE dated July 14, 2026. The business activity remains confined to a single segment, the textile business, making segment reporting under Ind AS 108 inapplicable.

What the Numbers Show

The return to profitability in Q1FY27, after a loss in the preceding quarter, suggests improved operational efficiency or favorable inventory adjustments. The significant reduction in inventory levels (₹726.84 lakh decrease) contributed positively to the bottom line, offsetting high purchase costs. While revenue growth was modest at approximately 2.9% year-on-year, the ability to generate a higher net profit margin indicates effective cost management or mix optimization in the current quarter.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.99%	+0.99%	+0.99%	-4.67%	+5.15%	-8.11%

Tuni Textile Mills has rescheduled its Rights Issue Committee meeting to August 27, 2026, marking the second postponement of the session originally slated for July 24. The company cited unavoidable circumstances for the delay, which impacts the timeline for finalizing the terms of its proposed capital raise. Shareholders awaiting clarity on the rights entitlement ratio and issue price must now wait until late August for these decisions to be made public.

The meeting will be held at the company’s registered office in Mumbai. In compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tuni Textile Mills informed the BSE Limited on August 5, 2026, about the change in schedule. The initial meeting was first moved from July 24 to August 6 before this latest deferral.

Agenda for the Rescheduled Meeting

The Rights Issue Committee is tasked with approving several pivotal components of the fundraising exercise. These decisions are crucial for determining how existing shareholders can participate and what financial commitment is required from them.

Agenda Item	Description
Terms Determination	Finalize rights issue price, payment mechanism, and timing
Entitlement Ratio	Decide the ratio at which shares will be offered to existing holders
Record Date	Fix the date to determine shareholder eligibility
Other Matters	Address any additional items with the Chair's permission

The specific terms, including the price per share and the exact number of shares each eligible holder can subscribe to, remain undisclosed until the committee concludes its deliberations. The timing of the issue window will also be set during this session.

Trading Window Restrictions

To maintain market integrity, Tuni Textile Mills has kept the trading window closed for all Designated Persons and their immediate relatives since July 1, 2026. This restriction, mandated by the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Internal Procedures, prevents insiders from trading while in possession of unpublished price-sensitive information.

The trading window will remain shut until 48 hours after the conclusion of the August 27 meeting and until the information discussed becomes generally available to the public. This ensures that all investors receive material information simultaneously, preventing any unfair advantage based on early access to the rights issue terms.

What the Numbers Show

While no financial figures were disclosed in this intimation, the repeated postponements suggest complexity in finalizing the rights issue structure. The delay from mid-July to late August indicates that management requires additional time to negotiate or determine optimal pricing and entitlement terms. For investors, this extended timeline means continued uncertainty regarding the dilution impact and capital injection amount, which will only be clarified once the committee meets on August 27.