Tuni Textile Mills reports higher profit in FY26

2 min read     Updated on 28 May 2026, 12:45 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Tuni Textile Mills Limited reported a net profit of ₹93.66 lakh for the financial year ended March 31, 2026, compared to ₹56.65 lakh in the previous year. Revenue from operations increased to ₹11,484.26 lakh from ₹7,668.71 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹15.87 lakh on total income from operations of ₹1,746.73 lakh. The Board approved the standalone audited financial results on May 26, 2026. The company also disclosed details of a devolved Rights Issue and reported an unmodified audit opinion from M/s. K. K. Jhunjhunwala & Co.

powered bylight_fuzz_icon
41347430

*this image is generated using AI for illustrative purposes only.

Tuni Textile Mills Limited reported a net profit of ₹93.66 lakh for the financial year ended March 31, 2026, an increase from ₹56.65 lakh in the previous year. Revenue from operations for the year rose to ₹11,484.26 lakh, compared to ₹7,668.71 lakh in FY25. The company’s total income from operations (net) for FY26 stood at ₹11,484.26 lakh.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹15.87 lakh, while total income from operations was ₹1,746.73 lakh. In the corresponding quarter of the previous year, the company had posted a profit of ₹15.91 lakh on total income from operations of ₹1,705.76 lakh. The Board of Directors approved the standalone audited financial results at its meeting held on May 26, 2026.

The company’s total expenses for FY26 increased to ₹11,330.01 lakh from ₹7,588.46 lakh in the prior year. Finance costs for the year were reported at ₹245.02 lakh, up from ₹177.66 lakh in FY25. The earnings per share (EPS) for the year improved to ₹0.072 from ₹0.043 in the previous year.

Financial Performance

The following table outlines the key financial metrics for the company for the quarter and year ended March 31, 2026:

Particulars Quarter ended 31.03.2026 (Audited) Year ended 31.03.2026 (Audited)
Total Income from Operations (Net) 1,746.73 11,484.26
Total Expenses 1,740.51 11,330.01
Net Profit / (Loss) for the period (15.87) 93.66
Earnings per share (Basic) (0.012) 0.072

Capital and Fundraising Activities

The notes to the financial results disclosed that the company had offered a Rights Issue of Equity Shares during the quarter ended December 31, 2025, aiming to raise ₹42,32,44,440. However, the issue was not successful due to under-subscription and consequently devolved, with no equity shares allotted. The company subsequently offered another Rights Issue during the fourth quarter amounting to ₹49 Crores. An expenditure of ₹4,74,500 related to this issue was recorded in current assets as pending for approval.

Auditor's Report

M/s. K. K. Jhunjhunwala & Co., Chartered Accountants, the Statutory Auditors of the company, issued an audit report with an unmodified opinion on the standalone financial statements for the fourth quarter and financial year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards.

Historical Stock Returns for Tuni Textile Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+2.97%+1.96%-1.89%-36.20%+1.96%+70.49%

How will the company address the recent quarterly loss to ensure consistent profitability in FY27?

What alternative funding strategies will Tuni Textile Mills pursue following the failure of two consecutive Rights Issues?

Will the company be able to manage the rising finance costs and total expenses while sustaining revenue growth?

Tuni Textile Mills Limited Files Non-Applicability Report for SEBI LODR Regulation 57(5) for Q4 FY26

1 min read     Updated on 09 Apr 2026, 11:52 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Tuni Textile Mills Limited submitted a non-applicability report to BSE Limited for SEBI LODR Regulation 57(5) covering the quarter ended March 31, 2026. The company confirmed it has not issued any non-convertible securities, making interest and principal payment obligations under the regulation not applicable. Managing Director Narendra Kr. Sureka digitally signed and filed the NIL report on April 9, 2026, ensuring proper regulatory compliance disclosure.

powered bylight_fuzz_icon
37261371

*this image is generated using AI for illustrative purposes only.

Tuni Textile Mills Limited has filed a non-applicability report with BSE Limited regarding Regulation 57(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended March 31, 2026. The textile manufacturer confirmed that the regulation's requirements do not apply to the company as it has not issued any non-convertible securities.

Regulatory Compliance Details

The company submitted its NIL report on April 9, 2026, addressing the specific provisions under SEBI LODR Regulation 57(5). The regulation typically requires listed companies to provide certificates and details regarding payment obligations for non-convertible securities.

Regulation Provision Requirement Company Status
57(5)(a) Certificate confirming payment of interest/dividend/principal obligations for non-convertible securities due in quarter Not Applicable
57(5)(b) Details of unpaid interest/dividend/principal obligations for non-convertible securities at quarter end Not Applicable

Company Statement

Tuni Textile Mills Limited explicitly stated that it has not issued any non-convertible securities, therefore making payment of interest or principal on NCDs/Bonds not applicable for the quarter ended March 31, 2026. This confirmation allows the company to submit a NIL report rather than detailed compliance certificates.

Management Authorization

The report was digitally signed and submitted by Narendra Kr. Sureka, Managing Director of the company (DIN: 01963265), on April 9, 2026. The submission was made to the Deputy Manager, Department of Corporate Services at BSE Limited, referencing the company's scrip code 531411.

Corporate Information

Tuni Textile Mills Limited operates its manufacturing facility at B-5, MIDC Industrial Area, Murbad, District Thane, with its registered office located in Andheri East, Mumbai. The company is incorporated under the Companies Act with CIN L17120MH1987PLC043996, indicating its establishment in 1987 in the textile manufacturing sector.

Historical Stock Returns for Tuni Textile Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+2.97%+1.96%-1.89%-36.20%+1.96%+70.49%

Will Tuni Textile Mills consider issuing non-convertible debentures or bonds in the coming quarters to fund expansion or working capital needs?

How might the company's debt-free status regarding non-convertible securities impact its credit rating and borrowing costs for future financing requirements?

What alternative financing strategies is Tuni Textile Mills exploring given the current textile industry challenges and capital requirements?

More News on Tuni Textile Mills

1 Year Returns:+1.96%