Haria Apparels Limited has released its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance with revenue generation offset by quarterly losses. The company's Board of Directors approved these results on February 13, 2026, following a limited review conducted by statutory auditors Rakchamps & Co. LLP.

Quarterly Financial Performance

The company's Q3FY26 performance presents a contrasting picture compared to previous quarters. While Haria Apparels achieved revenue from operations of ₹339.11 lacs, it reported a net loss of ₹6.37 lacs for the quarter.

Nine-Month Cumulative Results

The nine-month performance demonstrates the company's operational capabilities despite the quarterly setback. For the period ended December 31, 2025, Haria Apparels recorded substantial business activity with positive profitability.

Expenditure Analysis

The company's expenditure structure reveals significant operational scaling during Q3FY26. Total expenditure reached ₹402.72 lacs, primarily driven by purchase of traded goods worth ₹352.71 lacs. Other notable expenses included finance costs of ₹13.65 lacs and other expenditure of ₹42.13 lacs.

Corporate Governance and Compliance

The financial results underwent proper regulatory procedures, with the audit committee reviewing the statements before Board approval. The company maintains compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The results were prepared in accordance with Indian Accounting Standard 34 for Interim Financial Reporting.

Key Financial Highlights

• Paid-up Equity Share Capital: ₹1,528.98 lacs with face value of ₹10 per share
• Inventory Management: Positive change in inventories of ₹14.84 lacs
• Employee Benefits: ₹4.24 lacs for the quarter
• Depreciation: ₹4.84 lacs for Q3FY26

The company's financial statements indicate no exceptional items or extraordinary items for the reporting period. Tax expenses remained nil for both quarterly and nine-month periods, with no provision for current year, earlier year, or deferred tax during Q3FY26.

Haria Apparels Ltd , a Mumbai-based apparel company, has reported a significant turnaround in its financial performance for the first quarter. The company's unaudited financial results, approved by its Board of Directors, show a marked improvement in both revenue and profitability.

Financial Highlights

• Revenue from Operations: Rs 96.62 crore
• Total Income: Rs 156.39 crore (including other income of Rs 59.77 crore)
• Net Profit: Rs 32.24 crore (compared to a loss of Rs 4.45 crore in the same quarter of the previous fiscal year)
• Earnings Per Share (EPS): Rs 0.21 (improved from -Rs 0.03 in the corresponding quarter of the previous year)

Operational Performance

The company's operational efficiency has shown considerable improvement. Here's a breakdown of the key expenditures:

Total expenditure for the quarter stood at Rs 124.15 crore.

Management Commentary

The Board of Directors reviewed and approved these results in their meeting. The meeting also saw the approval of the Limited Review Report provided by the company's statutory auditors, M/s. Rakchamps & Co. LLP, Chartered Accountants.

Auditor's Review

The statutory auditors conducted a limited review of the financial results in accordance with the Standard on Review Engagements (SRE) 2410. They reported that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.

Outlook

The significant improvement in financial performance, particularly the shift from a loss to a substantial profit, indicates a positive trend. The company's ability to generate revenue from operations this quarter, compared to nil revenue in the previous quarters, suggests a potential revival in its core business activities. However, it's worth noting that a significant portion of the total income still comes from other income sources.

As Haria Apparels continues to navigate the dynamic apparel industry landscape, its focus on operational efficiency and revenue growth will be crucial for maintaining this positive momentum.