Delta Manufacturing Limited , a player in the hard ferrites and textile sectors, has reported a net loss for the quarter ended September 30, 2025, reflecting ongoing challenges in its key business segments.

Financial Performance

The company's consolidated revenue from operations for Q2 FY2026 stood at INR 1,414.86 crore, a slight decrease from INR 1,431.67 crore in the previous quarter. The consolidated net loss for the quarter widened to INR 239.53 crore, compared to a loss of INR 221.76 crore in Q1 FY2026.

Segment-wise Performance

Hard Ferrites Segment

The hard ferrites segment continued to face headwinds, reporting a loss of INR 170.07 crore for the quarter. Revenue from this segment was INR 34.68 crore, showing a marginal increase from the previous quarter's INR 26.85 crore.

Textile Segment

The textile segment showed some resilience, posting a profit of INR 47.31 crore. This segment contributed the majority of the company's revenue at INR 1,380.18 crore for the quarter.

Balance Sheet and Cash Flow

As of September 30, 2025, Delta Manufacturing's total assets stood at INR 6,533.71 crore. The company's cash and cash equivalents at the end of the period were INR 9.69 crore, indicating a tight liquidity position.

Management Commentary

Dr. Ram H. Shroff, Managing Director and Executive Vice Chairman, stated, "We continue to navigate challenging market conditions, particularly in our hard ferrites business. While our textile segment shows some positive signs, we are implementing strategic measures to improve overall performance and return to profitability."

Outlook

The company's board approved these unaudited financial results on November 13, 2025. The persistent losses in the hard ferrites segment and the overall negative bottom line suggest that Delta Manufacturing may face continued challenges in the near term.

Investors and stakeholders will be watching closely to see if the company's strategic initiatives can improve its performance in the coming quarters, particularly in the struggling hard ferrites segment.

Delta Manufacturing Limited , a leading player in the manufacturing sector, has announced its financial results for the first quarter of fiscal year 2026, along with key management changes and upcoming corporate events.

Financial Performance

For the quarter ended June 30, 2025, Delta Manufacturing reported a standalone loss of ₹154.62 lakhs, showing an improvement from the loss of ₹258.03 lakhs in the same quarter of the previous year. The company's revenue from operations declined to ₹1,431.67 lakhs from ₹1,578.31 lakhs year-over-year.

The consolidated financial results paint a similar picture:

Segment Performance

The company operates in two main segments:

1. Hard Ferrites: This segment reported revenue of ₹26.85 lakhs but incurred a loss of ₹149.82 lakhs.
2. Textile: The textile segment performed better with revenue of ₹1,404.82 lakhs and a profit of ₹31.62 lakhs.

Management Changes

In a significant development, the Board of Directors has approved the re-appointment of Dr. Ram H. Shroff as Managing Director and Executive Vice Chairman of the company. The re-appointment is for a period of three years, from October 1, 2025, to September 30, 2028, subject to shareholder approval at the upcoming Annual General Meeting.

Dr. Shroff, a qualified medical doctor with over 17 years of experience at Charak Pharma, has been instrumental in Delta Manufacturing's growth since joining as Managing Director in 2012. Under his leadership, the company has seen significant operational expansions, including increasing the soft ferrite facility capacity from 7 MT/month to 140 MT/month.

Corporate Updates

The company has scheduled its 43rd Annual General Meeting for September 29, 2025, to be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Outlook

While the company continues to face challenges, as evidenced by the quarterly loss, the improvement in financial performance compared to the previous year and the re-appointment of Dr. Shroff indicate a focus on long-term stability and growth. The company's diverse operations in hard ferrites and textiles, along with its strategic initiatives, position it to navigate the current economic landscape.

Investors and stakeholders will be watching closely to see how Delta Manufacturing's strategies unfold in the coming quarters, particularly in light of the global economic uncertainties and the company's efforts to strengthen its market position.