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

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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
- Rights Issue: During the period, the company issued 39.15 crore partly paid-up rights equity shares at ₹0.30 per share.
- Cost Audit: The board approved the cost audit report.
- 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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
0.0% | -3.18% | -6.75% | +27.73% | -19.15% | -32.14% |