Riba Textiles Reports 43% Decline in Q3FY26 Net Profit to ₹117.58 Lacs

2 min read     Updated on 12 Feb 2026, 09:12 PM
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Reviewed by
Shriram SScanX News Team
Overview

Riba Textiles Limited reported disappointing Q3FY26 results with net profit declining 43% to ₹117.58 lacs and revenue dropping 17% to ₹6302.92 lacs. Nine-month performance also weakened with profit down 21% to ₹480.72 lacs and revenue falling 15% to ₹18232.39 lacs. The terry towel manufacturer's results were approved by the board on February 12, 2026, following audit committee review.

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

Riba Textiles Limited has announced its financial results for the quarter and nine months ended December 31, 2025, revealing a challenging performance with significant declines in both revenue and profitability. The terry towel manufacturer reported these results following a board meeting held on February 12, 2026.

Quarterly Performance Analysis

The company's Q3FY26 performance showed considerable weakness across key financial metrics. Net profit for the quarter declined substantially to ₹117.58 lacs, marking a 43% decrease from ₹205.25 lacs reported in the same quarter of the previous fiscal year.

Financial Metric Q3FY26 Q3FY25 Change (%)
Revenue from Operations ₹6302.92 lacs ₹7568.56 lacs -17%
Total Revenue ₹6309.23 lacs ₹7579.67 lacs -17%
Net Profit ₹117.58 lacs ₹205.25 lacs -43%
Earnings Per Share (Basic) ₹1.22 ₹2.13 -43%

Nine-Month Performance Review

The nine-month period ending December 31, 2025, also reflected similar trends with declining financial performance. Revenue from operations decreased by 15% to ₹18232.39 lacs compared to ₹21352.45 lacs in the corresponding period of the previous year.

Parameter Nine Months FY26 Nine Months FY25 Change (%)
Revenue from Operations ₹18232.39 lacs ₹21352.45 lacs -15%
Net Profit ₹480.72 lacs ₹612.34 lacs -21%
Earnings Per Share (Basic) ₹4.98 ₹6.34 -21%

Operational Cost Structure

The company's expense management showed mixed results during Q3FY26. Cost of materials consumed decreased to ₹4690.68 lacs from ₹5315.95 lacs in Q3FY25. However, other expenses declined significantly to ₹843.91 lacs from ₹1403.98 lacs, indicating improved cost control measures. Employee benefits expense increased to ₹316.02 lacs compared to ₹276.38 lacs in the previous year quarter.

Financial Position and Capital Structure

Riba Textiles maintained its paid-up equity share capital at ₹965.29 lacs with a face value of ₹10 per share. The company operates primarily in the manufacturing of terry towels segment. The financial results were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors M/s. Ashwani K. Sindwani & Co.

Board Approval and Compliance

The unaudited financial results were reviewed by the audit committee and subsequently approved by the board of directors during their meeting held on February 12, 2026. The meeting commenced at 4:30 PM and concluded at 5:50 PM. Company Secretary Neha Dubey confirmed compliance with SEBI regulations 30 and 33 of the Listing Obligations and Disclosure Requirements Regulations, 2015.

Historical Stock Returns for Riba Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-1.59%-6.06%-13.29%-9.84%+25.19%

Riba Textiles Reports Strong Q2 FY2026 Results with Revenue Surge

1 min read     Updated on 13 Nov 2025, 04:24 AM
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Reviewed by
Riya DScanX News Team
Overview

Riba Textiles Limited announced unaudited standalone financial results for Q2 and H1 FY2026. Q2 revenue reached ₹7,713.66 lacs, up 53.5% from Q1. Net profit for Q2 was ₹293.70 lacs, with EPS at ₹3.04 (basic) and ₹3.01 (diluted). H1 FY2026 revenue stood at ₹11,929.47 lacs with ₹407.09 lacs net profit. The Audit Committee reviewed and Board of Directors approved results on November 12, 2025.

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

Riba Textiles Limited , a government-recognized export house, has announced its unaudited standalone financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth in revenue and profitability.

Financial Highlights

The company's performance for Q2 FY2026 and H1 FY2026 is summarized in the following table:

Particulars Q2 FY2026 Q1 FY2026 H1 FY2026
Revenue from Operations (₹ in lacs) 7,713.66 5,025.44 11,929.47
Net Profit (₹ in lacs) 293.70 - 407.09
EPS - Basic (₹) 3.04 - -
EPS - Diluted (₹) 3.01 - -

Key Takeaways

  • Revenue Growth: Riba Textiles reported a substantial increase in revenue from operations for Q2 FY2026, reaching ₹7,713.66 lacs compared to ₹5,025.44 lacs in the previous quarter, marking a quarter-on-quarter growth of approximately 53.5%.

  • Half-Year Performance: For the first half of FY2026, the company's revenue from operations stood at ₹11,929.47 lacs, with a net profit of ₹407.09 lacs.

  • Quarterly Profit: The net profit for Q2 FY2026 was reported at ₹293.70 lacs, contributing significantly to the half-year profit figure.

  • Earnings Per Share: The company's earnings per share for Q2 FY2026 were ₹3.04 (basic) and ₹3.01 (diluted).

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on November 12, 2025. The meeting commenced at 4:30 PM and concluded at 5:10 PM.

Statutory auditors Ashwani K. Sindwani & Co. provided a limited review report on the financial results, ensuring compliance with regulatory standards.

About Riba Textiles Limited

Riba Textiles Limited is a government-recognized export house with its registered office in New Delhi. The company operates in the textile sector, with its work facilities located in Village Chidana, Tehsil Gohana, District Sonepat, Haryana.

The strong financial performance in Q2 FY2026 reflects the company's revenue growth and profitability for the reported period.

Historical Stock Returns for Riba Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-1.59%-6.06%-13.29%-9.84%+25.19%
1 Year Returns:-9.84%