Minaxi Textiles Limited has successfully published its unaudited financial results for the third quarter of fiscal year 2026, ended December 31, 2025. The company's Board of Directors approved these results during their meeting held on February 10, 2026, at the registered office.

Regulatory Compliance and Publication

The company has adhered to all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial results were prepared in compliance with Regulation 33 of the SEBI regulations and were immediately uploaded to the BSE portal following board approval.

Publication and Accessibility

In accordance with Regulation 47 of SEBI (LODR) Regulations, 2015, the unaudited financial results were published on February 11, 2026, in two newspapers:

• Western Times (Gujarati daily)
• Western Times (English daily)

The complete financial results, along with the Limited Review Report, have been made available on the company's website. Stakeholders can access the detailed results by visiting the provided link or scanning the QR code mentioned in the official announcement.

Corporate Information

Minaxi Textiles Limited operates from its registered office located at Plot No. 331 1/2, Phase-IV, GIDC, Chhatral, Taluka-Kalol, District Gandhinagar, Gujarat, 382729. The company is incorporated under CIN: L17119GJ1995PLC025007.

Management Statement

The announcement was signed by Dineshkumar P. Patel, Managing Director (DIN: 02268757), confirming the board's adoption and approval of the unaudited financial results. The company has submitted newspaper cuttings as evidence of publication compliance to the Bombay Stock Exchange.

The timely publication and compliance with regulatory requirements demonstrate the company's commitment to transparency and adherence to corporate governance standards.

Minaxi textiles Limited announced its unaudited financial results for the quarter ended December 31, 2025, following a board meeting held on February 10, 2026. The textile company reported a net loss of ₹25.10 lakhs for the third quarter, showing improvement from the ₹44.54 lakhs loss recorded in the same period last year.

Board Meeting and Regulatory Compliance

The board meeting commenced at 3:00 PM and concluded at 4:15 PM on February 10, 2026, at the company's registered office. The directors approved the unaudited financial results in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015, along with a limited review report dated February 10, 2026, issued by M/s Parth R. Shah & Co., Chartered Accountants.

The board also considered reports on compliance with applicable laws and adequacy of the legal compliance system as per Regulation 17(3) of SEBI (LODR) Regulations, 2015.

Financial Performance Overview

The company's quarterly performance reflected mixed results with revenue declining but losses narrowing compared to the previous year. Revenue from operations stood at ₹450.83 lakhs, marking a significant 23.87% decline from ₹592.17 lakhs in Q3FY25.

Operational Metrics and Cost Structure

The company's cost structure showed varying trends across different expense categories. Cost of material consumed decreased to ₹323.66 lakhs from ₹394.83 lakhs in the corresponding quarter of the previous year, reflecting lower production volumes.

Key Expense Components:

• Employee benefits expense: ₹21.78 lakhs (Q3FY26) vs ₹21.46 lakhs (Q3FY25)
• Finance costs: ₹24.26 lakhs vs ₹39.93 lakhs, showing a notable reduction
• Other expenses: ₹49.47 lakhs compared to ₹67.48 lakhs in the previous year

Nine-Month Performance Highlights

Despite quarterly challenges, Minaxi Textiles demonstrated remarkable improvement in its nine-month performance. The company reported a net profit of ₹141.63 lakhs for the nine months ended December 31, 2025, a significant turnaround from the ₹123.78 lakhs loss in the corresponding period of FY25.

The significant increase in other income was attributed to profit on sale of leasehold land, as noted in the financial results.

Auditor Review and Going Concern Assessment

The statutory auditors M/s Parth R. Shah & Co., Chartered Accountants, conducted a limited review of the financial results. The auditors noted that the company has incurred cash losses in preceding financial years but executed a debt restructuring scheme during FY 2021-22, extending the repayment plan for restructured borrowings.

Management expects to generate operational cash inflows in the near future to support meeting cash obligations, supporting the going concern basis of financial reporting. The company maintains its paid-up equity share capital at ₹494.16 lakhs with shares having a par value of Re. 1 each.

Business Outlook and Regulatory Developments

Minaxi Textiles operates in a single business segment of textiles and continues to monitor developments related to new labour codes notified by the Government of India, which became effective from November 21, 2025. The company is assessing the impact of these new labour codes on its overall wage bill as underlying rules are yet to be notified.