Prakash woollen & synthetic mills Limited has scheduled a board meeting for February 4, 2026, to review and approve its unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on the financial performance for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company formally notified the BSE on January 25, 2026, regarding the upcoming board meeting. The primary agenda includes consideration and approval of unaudited financial results along with the Limited Review Report for the specified period.

Trading Window Status

The company has provided an update on its trading window restrictions. The trading window for dealing in company securities was closed with effect from January 1, 2026, as previously communicated on December 19, 2025. The window will reopen 48 hours after the declaration of the unaudited financial results and Limited Review Report.

Regulatory Compliance

The board meeting is being conducted pursuant to Regulation 29 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures compliance with mandatory disclosure requirements for listed companies regarding their financial performance.

Company Information

Prakash Woollen & Synthetic Mills Limited operates as a manufacturer, exporter, and importer of high-class mink blankets. The company's registered office and works are located at 18th KM Stone Delhi Moradabad Road, NH-24, Village Amhera, District Amroha, Uttar Pradesh. The notifications were signed by Company Secretary Sneha Agarwal and Whole Time Director & CFO Vijay Kumar Gupta.

Prakash Woollen & Synthetic Mills Limited , a company engaged in the blankets business, has reported its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company faced challenges during this period, as reflected in its financial performance.

Financial Performance

The company reported a net loss of Rs 4.00 crore for the quarter, a significant decline from the profit of Rs 28.20 crore in the previous quarter. For the six-month period, the company posted a loss of Rs 46.89 crore, which shows an improvement compared to the loss of Rs 130.72 crore in the corresponding previous period.

*All figures in Rs crore

The total income for the quarter stood at Rs 2,638.00 crore, showing a slight decrease from Rs 2,689.55 crore in the previous quarter. Similarly, the company's revenue from operations decreased to Rs 2,632.58 crore from Rs 2,687.52 crore in the previous quarter.

Audit Committee Reconstitution

The Board of Directors has reconstituted the Audit Committee. The new composition of the committee is as follows:

This reconstitution aims to strengthen the company's financial oversight and ensure compliance with regulatory requirements.

Auditors' Review

The company's statutory auditors have conducted a limited review of the financial results. The auditors' report contained no qualifications or adverse remarks, providing assurance on the integrity of the financial statements.

Business Outlook

Prakash Woollen & Synthetic Mills Limited operates in the blankets business, which is seasonal in nature. The company notes that the financial results for the quarter may not be representative of the whole year's performance due to this seasonality.

The company's statement of assets and liabilities shows a total asset base of Rs 13,068.74 crore as of September 30, 2025, compared to Rs 11,100.25 crore as of March 31, 2025. This increase in assets indicates potential expansion or investment activities by the company.

Investors and stakeholders should consider these results in the context of the broader market conditions and the seasonal nature of the company's business. The improvement in half-yearly losses compared to the previous year suggests that the company may be implementing strategies to mitigate financial challenges, despite the quarterly setback.