Blue Chip Tex Industries Limited, a manufacturer of polyester texturised yarn, has announced its financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company's performance shows a mixed picture with a narrowed loss but decreased revenue compared to the same period last year.

Financial Highlights

Key Takeaways

1. Reduced Loss: The company has managed to narrow its net loss by 47.5% compared to the same quarter in the previous year, indicating some improvement in its financial position.

2. Revenue Decline: Despite the reduced loss, Blue Chip Tex Industries experienced a 17.9% decrease in revenue from operations year-over-year.

3. Operational Challenges: The total expenses for the quarter stood at ₹5,612.75 lakhs, resulting in a loss before tax of ₹37.87 lakhs.

4. Negative EPS: The company reported a negative earnings per share of ₹1.20 for the quarter.

Corporate Governance

The financial results were approved by the company's Board of Directors on November 10, 2025. In compliance with regulatory requirements, Blue Chip Tex Industries has submitted its un-audited financial results along with a Limited Review Report to the BSE Limited.

Company Profile

Blue Chip Tex Industries Limited is primarily engaged in the manufacturing of polyester texturised yarn. The company's registered office is located in Dadra & Nagar Haveli, with its corporate office in Mumbai.

While the company has shown some improvement in reducing its losses, the decline in revenue suggests ongoing challenges in the operating environment. Investors and stakeholders will likely be watching closely to see how Blue Chip Tex Industries addresses these challenges in the coming quarters.

Blue Chip Tex Industries Limited has withdrawn its application for the reclassification of promoter Mr. Roop K. Khemani from the Promoter Category to the Public Category. The company formally notified BSE Limited of this decision on January 6, 2026.

Withdrawal Details

The withdrawal communication was signed by Managing Director Shahin N. Khemani and addressed to BSE Limited. The company cited careful review and evaluation as the reason for withdrawing the previously submitted application.

Background Context

The original application, submitted in August 2025, sought approval under the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations. The reclassification request was made under Regulation 31A of the SEBI LODR Regulations.

Current Status

According to the company's previous disclosure, Mr. Roop K. Khemani held zero equity shares, representing a 0.00% shareholding in the company. The withdrawal means that Mr. Khemani will continue to remain classified in the Promoter Category despite holding no shares.

Corporate Communication

The formal withdrawal letter was digitally signed by Managing Director Shahin N. Khemani (DIN: 03296813) and submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The company has requested BSE to acknowledge receipt of the withdrawal request and provide confirmation.

Market Implications

This development reverses the company's earlier attempt to restructure its shareholding categories. Investors and stakeholders should note that the promoter classification structure will remain unchanged from its previous status, pending any future corporate actions by the company.