Tuni Textile Mills Limited reported a 113.6% year-on-year increase in net profit for the second quarter of FY27 (Q2FY27), reaching ₹1.66 lakh. The Mumbai-based textile manufacturer also recorded a 17.4% YoY growth in net revenue from operations, which stood at ₹35.10 lakh.

The company’s performance reflects improved operational efficiency alongside top-line expansion. For the half-year ended September 30, 2026, the net profit for the period rose to ₹2.05 lakh from ₹0.78 lakh in the corresponding period of the previous year, marking a significant recovery in profitability.

Financial Performance Overview

The following table details the key financial metrics for Q2FY27 compared to Q2FY26 and the full-year FY26 figures:

Note: Figures are derived from the unaudited standalone financial results published on October 16, 2026.

What the Numbers Show

A notable divergence exists between the revenue growth and profit acceleration. While net revenue grew by 17.4%, net profit surged by 113.6%. This disproportionate jump suggests that the company either benefited from reduced operating costs or non-operating income contributions during the quarter. The Earnings Per Share (EPS) also doubled from ₹0.04 to ₹0.09, indicating enhanced value creation for shareholders relative to the equity base, which remained stable at 13.06 lakh shares.

Balance Sheet and Equity Structure

The company’s paid-up equity capital remained unchanged at ₹13.06 lakh across the reported periods. Other equity components showed movement, rising from ₹1.13 lakh in Q2FY26 to ₹3.44 lakh in Q2FY27, reflecting retained earnings accumulation over the last four quarters. The consistent share count ensures that the profit growth directly translates to per-share metrics without dilution effects.

Tuni Textile Mills has filed the pre-issue advertisement for its proposed rights issue, seeking to raise up to ₹48.98 crore by issuing equity shares at a price equal to face value.

The company plans to issue up to 48,98,66,250 fully paid-up equity shares with a face value of ₹1 each. The issue is structured for eligible shareholders in a ratio of 15 new shares for every 4 existing shares held as on the record date, September 16, 2026.

Issue Timeline and Structure

The subscription period for the rights issue begins on Monday, September 28, 2026, and closes on Monday, October 26, 2026. The Board retains the authority to extend the issue period by up to 30 days from the opening date if required.

Application Process and Compliance

All applications must be made through the Applications Supported by Blocked Amount (ASBA) process in compliance with SEBI ICDR Regulations. Rights Entitlements will be credited only in dematerialised form. Shareholders holding physical shares must provide their demat account details to the Registrar or the Company by October 21, 2026, to ensure entitlements are transferred before the closing date.

The Letter of Offer was dispatched on September 22, 2026. Investors can access the offer documents on the websites of the Company, the Registrar (Purva Sharegistry), and the Stock Exchange. Kotak Mahindra Bank Limited serves as the banker to the issue, while Infometrics Valuation and Rating Private Limited acts as the monitoring agency.

What the Numbers Show

The issue price of ₹1 is set at exactly one times the face value of the equity shares. This pricing structure indicates that the company is not seeking a premium over par value for this capital raise, which may reflect current market valuations or specific regulatory constraints governing the issuance.