Swadeshi Polytex Limited, a real estate company, has reported a significant increase in its financial performance for the second quarter of fiscal year 2026. The company's Board of Directors approved the unaudited financial results for the quarter and half-year ended September 30, 2025, showcasing substantial growth in both revenue and profitability.

Financial Highlights

Swadeshi Polytex Limited demonstrated robust financial performance in the second quarter of FY2026:

• Revenue Growth: The company's total income for Q2 FY2026 stood at ₹246.28 lakhs, marking a substantial increase of 31.7% compared to ₹187.01 lakhs in the same period last year.
• Profitability Surge: Profit before tax from continuing operations reached ₹172.84 lakhs, showing a remarkable growth of 53.0% from ₹112.96 lakhs in Q2 FY2025.

Balance Sheet Strength

As of September 30, 2025, Swadeshi Polytex reported:

• Total Assets: ₹11,608.35 lakhs
• Total Equity: ₹11,317.21 lakhs

The company's strong equity position relative to its total assets indicates a robust financial foundation.

Operational Focus

Swadeshi Polytex Limited operates exclusively in the Real Estate segment, which appears to be driving its current growth trajectory.

Corporate Governance

The financial results were reviewed by chartered accountants Sanmarks Associates and subsequently approved by the company's Board of Directors on November 12, 2025. This approval process, in compliance with regulatory requirements, underscores the company's commitment to transparency and corporate governance.

The Board meeting to approve these results commenced at 1:00 p.m. and concluded at 1:35 p.m., as disclosed in the company's filing to the BSE Limited.

These results reflect significant year-over-year growth in both revenue and profitability. However, it's important to note that these are unaudited results for a single quarter, and a more comprehensive analysis would be required to assess the company's long-term financial health and growth prospects.

Swadeshi Polytex Limited, a real estate company, has reported a significant drop in its financial performance for the fiscal year 2025 (FY2025). The company's board approved the audited financial results on May 23, 2025, revealing a substantial decline in both revenue and profit compared to the previous year.

Financial Highlights

• Net Profit: The company's net profit for FY2025 stood at Rs 226.06 crore, marking a steep 97.26% decline from Rs 8,249.04 crore in FY2024.
• Revenue: Revenue from operations plummeted to Rs 40.00 crore in FY2025, down from Rs 9,925.66 crore in the previous year, representing a 99.60% decrease.
• Earnings Per Share (EPS): EPS fell sharply to Rs 0.58 in FY2025 from Rs 21.15 in FY2024.

Quarterly Performance

For the quarter ended March 31, 2025:

• The company reported a net loss of Rs 50.40 crore, compared to a profit of Rs 24.25 crore in the same quarter of the previous year.
• Revenue for the quarter was Rs 10.00 crore, compared to no revenue in the corresponding quarter of FY2024.

Balance Sheet Overview

As of March 31, 2025:

Management Actions

The Board of Directors has approved the Director's Report for FY2025 and plans for the upcoming Annual General Meeting. The company operates primarily in the real estate segment.

Auditor's Report

Sanmarks & Associates, the statutory auditors, have provided an unmodified opinion on the audited financial results for FY2025.

Outlook

While Swadeshi Polytex Limited faced significant challenges in FY2025, as evidenced by the sharp decline in revenue and profit, the company maintains a strong balance sheet. The dramatic reduction in revenue suggests a major shift in business operations or market conditions, which may require further explanation from the management.

Investors and stakeholders will likely be keen to understand the factors behind this substantial decline and the company's strategies for recovery in the coming fiscal year.