Kajal Synthetics Reports Widened Losses in Half-Year Results
Kajal Synthetics & Silk Mills Limited reported a net loss of Rs 123.62 lakh for the half-year ended September 30, 2025, an 11.4% increase from the previous year's Rs 110.99 lakh. Total expenses rose by 10.7% to Rs 123.70 lakh, with finance costs up 9.6% to Rs 98.99 lakh and employee benefit expenses increasing 14.8% to Rs 20.22 lakh. The quarterly loss for Q2 FY2026 stood at Rs 66.94 lakh, up 11.2% year-over-year. The company's EPS for the half-year was negative Rs 6.21. The financial results were approved by the Board of Directors on November 12, 2025, and reviewed without qualifications by SSRCA & Co, the statutory auditors.
*this image is generated using AI for illustrative purposes only.
Kajal Synthetics & Silk Mills Limited , a company primarily engaged in finance and investment activities, has reported a significant increase in net loss for the half-year ended September 30, 2025. The company's financial performance continues to face challenges, as revealed in its latest unaudited financial results.
Key Financial Highlights
| Particulars | Half-Year Ended Sept 30, 2025 | Half-Year Ended Sept 30, 2024 | Change |
|---|---|---|---|
| Net Loss | Rs 123.62 lakh | Rs 110.99 lakh | +11.4% |
| Total Expenses | Rs 123.70 lakh | Rs 111.74 lakh | +10.7% |
| Finance Costs | Rs 98.99 lakh | Rs 90.32 lakh | +9.6% |
| Employee Benefit Expenses | Rs 20.22 lakh | Rs 17.61 lakh | +14.8% |
The company's net loss for the half-year period widened to Rs 123.62 lakh, compared to Rs 110.99 lakh in the same period last year, marking an increase of 11.4%. This deterioration in financial performance is attributed to rising expenses across various categories.
Expense Analysis
Total expenses for the half-year rose to Rs 123.70 lakh from Rs 111.74 lakh year-over-year, an increase of 10.7%. The major contributors to this increase were:
- Finance Costs: Jumped to Rs 98.99 lakh from Rs 90.32 lakh, a 9.6% increase.
- Employee Benefit Expenses: Grew to Rs 20.22 lakh from Rs 17.61 lakh, showing a 14.8% rise.
Quarterly Performance
For the quarter ended September 30, 2025, Kajal Synthetics reported a loss of Rs 66.94 lakh, compared to Rs 60.22 lakh in the corresponding quarter of the previous year. This represents an 11.2% increase in quarterly losses.
Impact on Shareholders
The company's financial struggles have directly impacted its shareholders, with the basic earnings per share (EPS) for the half-year period standing at a negative Rs 6.21.
Management's Actions
The Board of Directors of Kajal Synthetics & Silk Mills Limited approved these unaudited financial results at their meeting held on November 12, 2025. The company's management has not provided any specific commentary on the reasons for the increased losses or any strategic initiatives to improve financial performance.
Auditor's Review
SSRCA & Co, the company's statutory auditors, have conducted a limited review of the financial results. They have not expressed any qualifications or concerns in their review report, stating that nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and generally accepted accounting principles.
Kajal Synthetics & Silk Mills Limited continues to face financial challenges, and investors and stakeholders will be closely watching for any strategic moves or operational changes the company might implement to address these widening losses.
Historical Stock Returns for Kajal Synthetics & Silk Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
19
