Maral Overseas Limited , a prominent player in the textile industry, has released its financial results for the quarter ended September 30, 2025, revealing a mixed performance amidst challenging market conditions. The company also announced key strategic decisions, including a new board appointment and the deferment of its capital expenditure plans.

Financial Performance

For the quarter ended September 30, 2025, Maral Overseas reported a net loss of ₹278.46 lakh, showing an improvement from the loss of ₹695.44 lakh in the same period last year. However, the company's revenue from operations declined to ₹24,970.26 lakh from ₹27,104.13 lakh year-on-year.

The financial results for the quarter and half-year are summarized in the table below:

Segment Performance

The company's performance varied across its three main segments:

1. Yarn Segment: Reported a profit of ₹693.16 lakh before tax and interest.
2. Fabric Segment: Achieved a profit of ₹441.44 lakh before tax and interest.
3. Garment Segment: Faced challenges with a loss of ₹456.15 lakh before tax and interest.

Board Appointment

The Board of Directors has appointed Shri Suman Jyoti Khaitan as an Additional Director (Non-Executive Independent) for a five-year term starting November 4, 2025, subject to shareholder approval. Khaitan, a practicing advocate since 1985, brings extensive experience in various legal fields, including corporate law, arbitration, and regulatory compliance.

Capex Plans Deferred

Due to prevailing financial constraints and operational priorities, Maral Overseas has decided to defer its previously approved capital expenditure plan. This plan included:

• Replacement and modernization initiatives in Spinning and Engineering divisions
• Capacity addition in Yarn Dyeing and Dyehouse-process fabric

The company plans to lease critical machinery for the Fabric and Yarn divisions to enhance production efficiency without major capital outlays.

Cash Flow and Liquidity

The company's cash flow statement reveals:

• Net cash generated from operating activities: ₹5,596.03 lakh
• Net cash used in investing activities: ₹96.90 lakh
• Net cash used in financing activities: ₹5,505.47 lakh

This resulted in a slight decrease in cash and cash equivalents by ₹6.34 lakh for the half-year ended September 30, 2025.

Outlook

While Maral Overseas faces challenges, particularly in its Garment segment, the company's strategic decisions to defer capital expenditure and focus on operational efficiency through leasing arrangements may help in navigating the current financial constraints. The appointment of Shri Suman Jyoti Khaitan to the board may bring valuable legal and corporate governance expertise to guide the company through these challenging times.

Maral Overseas Limited , a prominent player in the textile industry, has reported its financial results for the quarter ended June 30, along with key corporate decisions approved by its Board of Directors.

Financial Performance

The company reported a net loss of ₹1,256.98 lakh for the quarter, compared to a loss of ₹644.83 lakh in the same quarter last year. This represents a significant increase in losses year-over-year. The revenue from operations declined to ₹22,549.59 lakh from ₹25,092.28 lakh in the corresponding quarter, indicating a challenging market environment.

Segment-wise Performance

The company operates in three segments:

1. Yarn Segment
2. Fabric Segment
3. Garment Segment

The garment segment reported the highest losses during the quarter.

Corporate Actions

The Board of Directors, in their meeting, approved several significant measures:

1. Preference Share Issuance: The board approved the issuance of up to 30 lakh redeemable non-convertible cumulative preference shares at 9.25% annual interest rate. These shares, with a face value and issue price of ₹100 each, will be offered to promoters and promoter groups on a private placement basis.

2. Memorandum of Association (MOA) Amendment: The board approved alterations to the company's MOA to include electricity generation for captive consumption as a main business object. This change aligns with the requirements of the Madhya Pradesh Electricity Regulatory Commission.

Both the preference share issuance and MOA changes are subject to shareholder approval at the Annual General Meeting scheduled for August 29.

Outlook

While Maral Overseas faces challenges reflected in its quarterly losses, the company is taking strategic steps to strengthen its financial position and diversify its operations. The preference share issuance could provide additional capital, while the move towards captive power generation may help in reducing operational costs in the long term.

Investors and stakeholders will be watching closely to see how these measures impact the company's performance in the coming quarters.