Sri Ramakrishna Mills (Coimbatore) Limited , a textile company based in Tamil Nadu, has reported a significant downturn in its financial performance for the first half of the fiscal year 2026. The company's unaudited financial results, approved by its Board of Directors on November 14, 2025, reveal a stark contrast to its performance in the same period last year.

Financial Highlights

For the half-year ended September 30, 2025, Sri Ramakrishna Mills posted a net loss of Rs 164.97 lakhs, a considerable decline from the profit of Rs 425.09 lakhs recorded in the corresponding period of the previous year. This represents a negative swing of Rs 590.06 lakhs in the company's bottom line.

The company's revenue also saw a notable decrease:

Segment Performance

Sri Ramakrishna Mills operates in two segments: Textile and Real Estate. The textile segment, which is the company's primary business, faced challenges during this period:

Balance Sheet Overview

As of September 30, 2025, the company's financial position shows:

• Total Assets: Rs 6,606.27 lakhs
• Total Equity: Rs 2,050.17 lakhs
• Total Liabilities: Rs 4,556.09 lakhs

Cash Flow and Liquidity

The cash flow statement indicates that the company's cash and cash equivalents increased to Rs 198.81 lakhs at the end of the period, compared to Rs 0.31 lakhs at the beginning of the financial year. This improvement in liquidity may provide some buffer against the current financial challenges.

Conclusion

Sri Ramakrishna Mills' financial results for H1 FY26 reflect a challenging period for the company, with a substantial decline in both revenue and profitability. The shift from profit to loss suggests that the company may be facing headwinds in its core textile business. Shareholders and stakeholders will likely be looking to the management for strategies to navigate these difficulties and return the company to profitability in the coming quarters.

Sri Ramakrishna Mills (Coimbatore) Ltd , a textile and real estate company, has reported a net loss of Rs 72.12 lakh for the first quarter, marking a significant downturn from the net profit of Rs 3.65 crore recorded in the same quarter of the previous year.

Revenue and Operational Performance

The company's revenue from operations saw a substantial decline of 23.5% year-on-year, dropping to Rs 16.47 crore from Rs 21.52 crore in the corresponding quarter of the previous fiscal year. This decline was primarily driven by challenges in the textile segment.

Segment-wise Performance

Textile Segment

The textile segment, which forms a significant part of the company's operations, faced considerable headwinds:

• Revenue fell by 33.5% to Rs 10.98 crore
• The segment result turned negative, reporting a loss of Rs 18.63 lakh compared to a profit of Rs 50.07 lakh in the previous year

Real Estate Segment

In contrast, the real estate segment showed signs of improvement:

• Revenue increased by 4.3% to Rs 5.49 crore
• Segment profit rose significantly to Rs 734.20 lakh from Rs 28.66 lakh in the previous year

Financial Metrics

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) turned negative at Rs 1.86 crore, compared to a positive Rs 6.67 crore in the same quarter of the previous year
• Basic and diluted earnings per share (EPS) decreased to Rs -0.40 from Rs 5.13 in the corresponding quarter last year
• Total assets of the company decreased to Rs 5,592.34 crore from Rs 6,922.13 crore as of the end of the previous fiscal year

Segment Assets and Liabilities

As of the end of the quarter:

Management Commentary

The company's management noted that there was no real estate income recognized during the quarter.

Auditor's Review

The unaudited financial results for the quarter were reviewed by the Audit Committee and approved by the Board of Directors at their meeting. The company's statutory auditors, M/s. CSK Prabhu & Co, Chartered Accountants, have submitted an unmodified opinion on these financial results.

Conclusion

Sri Ramakrishna Mills (Coimbatore) Ltd faces challenges in its textile segment, which have significantly impacted its overall financial performance for the quarter. While the real estate segment shows improvement, it hasn't been sufficient to offset the losses in the textile business. The company's management and stakeholders will likely be focusing on strategies to improve the performance of the textile segment and capitalize on the growth in the real estate division in the coming quarters.