Indo cotspin Limited announced its unaudited financial results for the third quarter of FY26, ended December 31, 2025. The Board of Directors approved these results on January 23, 2026, following comprehensive review by the Audit Committee and statutory auditors.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed mixed results compared to the corresponding quarter of the previous year. Revenue from operations declined marginally while profitability faced significant pressure.

Expense Analysis

The company's expense structure showed notable variations across different categories during Q3 FY26. Total expenses amounted to ₹1,012.63 crores compared to ₹1,020.06 crores in Q3 FY25.

Nine-Month Performance

For the nine months ended December 31, 2025, Indo Cotspin reported revenue from operations of ₹1,864.65 crores compared to ₹1,858.82 crores in the corresponding period of FY25, representing a marginal growth of 0.31%. However, net profit declined substantially to ₹2.00 crores from ₹40.96 crores in the previous year, marking a decrease of 95.12%.

Sequential Quarter Comparison

Comparing Q3 FY26 with the preceding quarter (Q2 FY26), the company showed significant improvement. Revenue from operations increased from ₹659.49 crores in Q2 FY26 to ₹1,014.18 crores in Q3 FY26, representing a sequential growth of 53.78%.

Corporate Governance

The financial results were reviewed and approved following proper corporate governance procedures. The Audit Committee examined the results before presentation to the Board of Directors. Dinesh Kumar Goel & Co., Chartered Accountants, conducted the limited review and provided an unqualified review report. The Board meeting was held on January 23, 2026, from 3:30 PM to 4:00 PM, with the results being approved unanimously.

Indo Cotspin Limited has released its unaudited financial results for the second quarter ended September 30, 2025, showcasing a mixed performance with revenue growth but a decline in profitability.

Key Financial Highlights

All financial figures in Rs. lakhs, except for EPS

Revenue Growth

Indo Cotspin Limited reported a significant year-on-year increase in revenue from operations for Q2 FY2026. The company's revenue stood at Rs. 659.86 lakhs, marking a 20.19% growth compared to Rs. 549.01 lakhs in the same quarter of the previous fiscal year.

Profit Decline

Despite the revenue growth, the company experienced a substantial decrease in profitability. The profit after tax for Q2 FY2026 was Rs. 12.90 lakhs, a 77% decline from Rs. 56.08 lakhs reported in Q2 FY2025.

Half-Yearly Performance

For the six-month period ending September 30, 2025, Indo Cotspin Limited's revenue from operations reached Rs. 850.94 lakhs, showing a marginal increase from Rs. 832.93 lakhs in the corresponding period of the previous year.

Capital Structure

The company's paid-up equity share capital remains unchanged at Rs. 714.08 lakhs, with shares having a face value of Rs. 10 each.

Board Approval and Audit Review

The financial results were reviewed by the audit committee and subsequently approved by the Board of Directors in their meeting held on October 27, 2025. The meeting commenced at 3:00 PM and concluded at 3:40 PM.

Conclusion

While Indo Cotspin Limited has shown strong top-line growth in Q2 FY2026, the significant decline in profitability may raise concerns among investors. Shareholders and market analysts may look for further explanations from the management regarding the factors contributing to the profit decline despite revenue growth.