News Earnings Prakash Woollen & Synthetic Mills Q3FY26 Results: Loss Narrows to Rs 186.40 Lakhs Despite Revenue DeclinePrakash Woollen & Synthetic Mills Q3FY26 Results: Loss Narrows to Rs 186.40 Lakhs Despite Revenue Decline
Prakash Woollen & Synthetic Mills Limited reported Q3FY26 results showing a net loss of Rs 186.40 lakhs, significantly improved from Rs 496.07 lakhs loss in Q3FY25. Revenue declined to Rs 5109.34 lakhs from Rs 5707.29 lakhs year-over-year. For nine months ended December 31, 2025, cumulative loss reduced to Rs 233.29 lakhs from Rs 626.79 lakhs in the previous year, demonstrating operational improvements despite revenue challenges in the seasonal blankets business.
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Prakash Woollen & Synthetic Mills Limited has released its unaudited financial results for the third quarter ended December 31, 2025, showing mixed performance with reduced losses but declining revenue. The Uttar Pradesh-based manufacturer of high-class mink blankets continues to navigate challenges in its seasonal business operations.
Financial Performance Overview
The company's financial performance for Q3FY26 reflects the seasonal nature of its blankets business, with revenue and profitability patterns varying significantly across quarters.
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 5109.34 lakhs | Rs 5707.29 lakhs | -10.47% |
| Net Loss | Rs 186.40 lakhs | Rs 496.07 lakhs | 62.42% improvement |
| Basic EPS | Rs (1.82) | Rs (4.84) | Improved |
| Total Income | Rs 5109.43 lakhs | Rs 5707.87 lakhs | -10.48% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, Prakash Woollen & Synthetic Mills demonstrated improved operational efficiency despite revenue challenges. The company's cumulative performance shows significant progress in loss reduction.
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Revenue from Operations | Rs 9437.21 lakhs | Rs 9920.39 lakhs | -4.87% |
| Net Loss | Rs 233.29 lakhs | Rs 626.79 lakhs | 62.78% improvement |
| Total Expenses | Rs 9592.78 lakhs | Rs 10504.99 lakhs | -8.68% |
Operational Cost Structure
The company's expense management showed mixed results during Q3FY26. While some cost categories increased, others demonstrated better control, contributing to the overall improvement in loss reduction.
Key expense components for Q3FY26 included:
- Cost of materials consumed: Rs 2329.03 lakhs (vs Rs 2138.02 lakhs in Q3FY25)
- Employee benefits expense: Rs 256.01 lakhs (vs Rs 208.64 lakhs in Q3FY25)
- Finance costs: Rs 118.10 lakhs (vs Rs 114.05 lakhs in Q3FY25)
- Other expenses: Rs 574.63 lakhs (vs Rs 515.23 lakhs in Q3FY25)
Board Approval and Compliance
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 4, 2026. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company's statutory auditors, Harshit Mehrotra and Associates, provided a clean limited review report without any modified opinion on the quarterly results. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.
Business Context and Outlook
Prakash Woollen & Synthetic Mills operates in the seasonal blankets business, which significantly impacts quarterly performance patterns. The company noted that financial results for individual quarters may not be representative of full-year performance due to the seasonal nature of demand for blankets and related products.
The company continues to focus on manufacturing, exporting, and importing high-class mink blankets from its registered office and works located at the 18th KM Stone Delhi Moradabad Road in Uttar Pradesh.
Historical Stock Returns for Prakash Woollen & Synthetic Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.84% | -1.57% | -5.15% | -9.29% | -31.68% | +11.87% |
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