Indian Acrylics Limited (IAL) has reported a significant reduction in its net loss for the half-year ended September 30, 2025. The company's financial results, approved by the Board of Directors on November 13, 2025, reveal a net loss of Rs 1,046.65 lakhs, compared to a loss of Rs 3,086.11 lakhs in the corresponding period of the previous year.

Financial Performance

The company's revenue from operations for the half-year stood at Rs 18,838.47 lakhs. Here's a breakdown of the key financial metrics:

Despite the reduced loss, IAL's revenue from operations saw a decline compared to the previous year's figure of Rs 21,004.67 lakhs for the same period.

Segment Performance

IAL operates in two primary segments: Fibre and Yarn. The segment-wise performance for H1 FY26 is as follows:

The Fibre segment showed positive results, while the Yarn segment continued to face challenges.

Balance Sheet Highlights

As of September 30, 2025, IAL's balance sheet reflects:

• Total Assets: Rs 36,757.26 lakhs
• Total Equity: Rs 42.75 lakhs
• Total Liabilities: Rs 36,714.51 lakhs

Corporate Governance

In the same board meeting, IAL also approved amendments to its Code of Fair Disclosure, incorporating recent SEBI regulations. This update aims to maintain a structured digital database for unpublished price sensitive information sharing, enhancing the company's compliance with regulatory requirements.

Outlook

While IAL has managed to narrow its losses significantly, the decline in revenue suggests ongoing challenges in the market. The company's efforts to strengthen its financial position and comply with regulatory standards indicate a focus on long-term stability and governance.

Investors and stakeholders will be watching closely to see if Indian Acrylics can build on this improvement in the coming quarters, particularly in its Yarn segment which continues to underperform.

Indian Acrylics , a leading manufacturer of acrylic fiber and yarn, has announced its financial results for the first quarter. The company reported a net loss of Rs 471.76 lakhs, showing an improvement compared to the loss of Rs 876.73 lakhs in the same quarter of the previous year.

Key Financial Highlights

• Total income from operations stood at Rs 8,804.92 lakhs, down from Rs 11,696.04 lakhs in the corresponding quarter of the previous year.
• Export sales surged to Rs 3,876.20 lakhs, a significant increase from Rs 1,584.95 lakhs in the year-ago period.
• The Fibre segment reported a profit before tax and finance cost of Rs 201.06 lakhs.
• The Yarn segment recorded a loss of Rs 286.37 lakhs.

Segment Performance

Indian Acrylics operates in two primary segments: Fibre and Yarn. The company's financial results reveal a mixed performance across these segments:

Export Growth

One of the notable aspects of the company's performance this quarter was the substantial growth in export sales. The export revenue more than doubled, rising from Rs 1,584.95 lakhs to Rs 3,876.20 lakhs. This significant increase in exports has helped offset some of the challenges faced in the domestic market.

Financial Position

Despite the overall loss, the company has shown some resilience compared to the previous year:

• The net loss decreased by 46.2% year-over-year, from Rs 876.73 lakhs to Rs 471.76 lakhs.
• Total expenses reduced from Rs 12,572.77 lakhs to Rs 9,276.68 lakhs.
• The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter was Rs 60.00 lakhs, compared to a negative EBITDA of Rs 210.00 lakhs in the same quarter last year.

Board Decisions

In addition to the financial results, the company's Board of Directors made several key decisions:

1. Scheduled the Annual General Meeting for September 29.
2. Approved the re-appointment of two Independent Directors:
   • Smt. Deva Bharathi Reddy for a five-year term from September 15
   • Smt. Tejinder Kaur for a five-year term from November 11

Both re-appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Looking Ahead

While Indian Acrylics continues to face challenges, particularly in its Yarn segment, the significant growth in export sales and the reduction in net loss indicate potential for recovery. The company's focus on expanding its international presence may prove crucial in navigating the current market conditions and achieving profitability in the coming quarters.

Investors and stakeholders will be watching closely to see how the company's strategies unfold, particularly in terms of cost management and capitalizing on export opportunities. The re-appointment of experienced independent directors also suggests a commitment to strong corporate governance as the company works towards improving its financial performance.