Garment Mantra Lifestyle Reports 453% Jump in Quarterly Net Profit to ₹201 Crore

1 min read     Updated on 11 Aug 2025, 10:25 AM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

Garment Mantra Lifestyle Limited reported a 453% increase in standalone net profit to ₹201.22 crore for Q1 FY2026, up from ₹36.35 crore in the previous year. This significant profit surge came despite a 16.82% decline in revenue from operations to ₹2,118.00 crore. The company's exceptional performance was largely attributed to a ₹195.11 crore profit from the sale of fixed assets. On a consolidated basis, net profit rose to ₹247.31 crore from ₹70.28 crore. The company also issued 39.15 crore partly paid-up rights equity shares and appointed B Venkateswar as Cost Auditor.

16433716

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

Garment Mantra Lifestyle Limited , a prominent player in the fabric and garment industry, has reported a substantial increase in its financial performance for the quarter ended June 30. The company's standalone net profit surged by an impressive 453% to ₹201.22 crore, compared to ₹36.35 crore in the same period last year.

Financial Highlights

  • Net Profit: Standalone net profit increased to ₹201.22 crore from ₹36.35 crore year-over-year.
  • Revenue: Revenue from operations declined to ₹2,118.00 crore from ₹2,546.41 crore in the previous year.
  • Exceptional Items: The company recorded exceptional items of ₹195.11 crore from profit on sale of fixed assets.

Consolidated Performance

On a consolidated basis, Garment Mantra Lifestyle Limited demonstrated strong growth:

  • Net Profit: Increased to ₹247.31 crore from ₹70.28 crore year-over-year.
  • Revenue: Consolidated revenue decreased to ₹3,716.10 crore from ₹4,069.41 crore.

Key Developments

  1. Rights Issue: During the period, the company issued 39.15 crore partly paid-up rights equity shares at ₹0.30 per share.
  2. Cost Audit: The board approved the cost audit report.
  3. New Appointment: B Venkateswar was appointed as Cost Auditor.

Financial Results Table

Particulars (Standalone) Q1 FY2026 (₹ crore) Q1 FY2025 (₹ crore) YoY Change
Revenue from Operations 2,118.00 2,546.41 -16.82%
Net Profit 201.22 36.35 +453.29%
Other Income 40.43 0.28 +14,339.29%

Company Overview

Garment Mantra Lifestyle Limited operates in the manufacturing, selling, and distribution of fabrics and hosiery garments. The company's diverse portfolio and strategic operations have contributed to its strong financial performance despite the decrease in revenue.

The significant increase in net profit, despite a decline in revenue, can be attributed to the exceptional item of ₹195.11 crore from the sale of fixed assets and potentially improved operational efficiencies.

Investors and stakeholders will be keenly watching Garment Mantra Lifestyle Limited's future performance, especially given the contrast between profit growth and revenue decline. The company's ability to maintain profitability while addressing the challenges in revenue generation will be crucial in the coming quarters.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.18%-6.75%+27.73%-19.15%-32.14%
Garment Mantra Lifestyle
View in Depthredirect
like19
dislike

Garment Mantra Lifestyle Extends First Call Payment Window for Partly Paid-Up Shares

1 min read     Updated on 29 Jul 2025, 08:21 PM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

Garment Mantra Lifestyle Limited has revised the payment period for the First Call on partly paid-up equity shares. The new payment window is from August 4 to August 18, 2025, extending the previous deadline. Shareholders must pay ₹0.30 per share (₹0.25 towards paid-up value, ₹0.05 for share premium). Payment methods include online ASBA, physical ASBA, and online 3-in-1 accounts. Failure to pay may result in interest charges, dividend deductions, or share forfeiture. Trading of ₹0.25 partly paid-up shares is suspended, with new ₹0.50 shares expected to trade within three weeks after the payment deadline.

15346320

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

Garment Mantra Lifestyle Limited has announced a revision to the payment period for the First Call on its partly paid-up equity shares. The company's Rights Issue Committee, in a meeting held on July 29, 2025, approved a corrigendum to extend the payment window.

Extended Payment Window

The new payment period for the First Call will now run from August 4, 2025, to August 18, 2025, providing shareholders with a 15-day window to make their payments. This extension replaces the previously announced dates of July 28, 2025, to August 6, 2025.

First Call Details

The First Call requires eligible shareholders to pay ₹0.30 per partly paid-up equity share, which comprises:

  • ₹0.25 towards the paid-up value
  • ₹0.05 towards the share premium

This call applies to shareholders who held partly paid-up equity shares on the record date of July 11, 2025.

Payment Methods

Shareholders can make their First Call payments through the following methods:

  1. Online ASBA: Through the website of Self-Certified Syndicate Banks (SCSBs)
  2. Physical ASBA: By submitting a physical application to the designated branch of SCSBs
  3. Online 3-in-1 Account: Using integrated trading-demat-bank accounts offered by some brokers

Important Notes for Shareholders

  • The trading of ₹0.25 partly paid-up equity shares (ISIN: INE653S20010) has been suspended on the stock exchange since July 11, 2025.
  • Trading of ₹0.50 partly paid-up equity shares under the new ISIN: IN9653S01026 is expected to commence within three weeks after the payment deadline.
  • Failure to pay the First Call Money by the deadline will result in:
    1. Interest charges of 10.00% per annum on delayed payments
    2. Potential deductions from future dividends
    3. Possible forfeiture of shares

Accessing Information

Shareholders can download the First Call Notice, detailed instructions, ASBA application form, and payment slip from:

For any queries related to the First Call payment, shareholders can contact Bigshare Services Pvt Ltd at 022 6263 8200 (operational Monday to Friday, 10 AM to 5 PM) or email investor@bigshareonline.com .

Garment Mantra Lifestyle Limited emphasizes the importance of timely payment to avoid any adverse consequences on shareholdings. The company's move to extend the payment window provides additional flexibility for shareholders to meet their obligations in the rights issue process.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.18%-6.75%+27.73%-19.15%-32.14%
Garment Mantra Lifestyle
View in Depthredirect
like16
dislike
More News on Garment Mantra Lifestyle
Explore Other Articles