Minaxi Textiles Reports Net Loss of Rs 46.85 Lakhs for Q2 FY2026 Amid Revenue Decline

1 min read Updated on 13 Nov 2025, 12:56 PM

Reviewed by

Shriram SScanX News Team

Overview

Minaxi Textiles Limited reported a net loss of Rs 46.85 lakhs in Q2 FY2026, compared to a profit of Rs 16.35 lakhs in Q1 FY2026. Revenue from operations decreased by 15.86% to Rs 704.30 lakhs. Total expenses increased by 21.73% to Rs 724.38 lakhs. For the half-year ended September 30, 2025, the company reported a net loss of Rs 63.51 lakhs and revenue of Rs 1,541.36 lakhs. The company has incurred cash losses in preceding years and executed a debt restructuring scheme in FY2021-22. Management remains optimistic about generating operational cash flows to meet obligations.

*this image is generated using AI for illustrative purposes only.

Minaxi Textiles Limited , a company operating in the textiles segment, has reported its financial results for the second quarter of the fiscal year 2025-26, revealing a challenging period for the company.

Financial Performance

The company's unaudited financial results for the quarter ended September 30, 2025, show a significant downturn compared to the previous quarter. Here's a breakdown of the key financial metrics:

Particulars	Q2 FY2026	Q1 FY2026	Change
Revenue from Operations	704.30	837.06	-15.86%
Net Profit/(Loss)	(46.85)	16.35	-386.54%
Total Expenses	724.38	595.07	+21.73%

The company's performance shows a notable decline in revenue and a shift from profit to loss compared to the previous quarter.

Half-Year Performance

For the half-year period ended September 30, 2025, Minaxi Textiles reported:

Net loss of Rs 63.51 lakhs, compared to a loss of Rs 57.30 lakhs in the same period last year
Revenue from operations for the half-year stood at Rs 1,541.36 lakhs

Financial Position and Concerns

The company's financial position raises some concerns:

Cash Losses: Minaxi Textiles has incurred cash losses in preceding financial years.
Debt Restructuring: During the financial year 2021-22, the company executed a debt restructuring scheme, extending the repayment plan for its borrowings.
Going Concern: Despite these challenges, management believes the financial information is fairly presented on a going concern basis. The company expects to generate operational cash flows in the near future to meet its obligations.

Board Meeting and Audit Review

The Board of Directors approved these unaudited financial results in a meeting held on November 13, 2025. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Parth R. Shah and Co., Chartered Accountants.

Other Notable Points

The company operates in a single business segment: Textiles.
There was a significant increase in other income due to profit on the sale of leasehold land.
Minaxi Textiles currently has 1,271,600 unclaimed shares in a demat account named "MINAXI TEXTILES LIMITED UNCLAIMED SUSPENSE ACCOUNT".

While the company faces financial challenges, it remains optimistic about generating operational cash flows in the near future. Investors and stakeholders will likely be watching closely to see how Minaxi Textiles navigates these difficulties in the coming quarters.

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