Texel Industries Limited , a player in the technical textile and property development sectors, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture with revenue growth accompanied by a decline in profitability.

Revenue Performance

For Q2 FY2026, Texel Industries reported a consolidated revenue from operations of Rs. 3,321.12 lakhs, marking a significant increase from Rs. 2,575.13 lakhs in the previous quarter. This represents a quarter-on-quarter growth of approximately 29%. The company's revenue streams are primarily divided into two segments:

1. Technical Textile: Rs. 3,216.12 lakhs
2. Land, Building & Property Development: Rs. 105.00 lakhs

Profitability

Despite the revenue growth, the company's profitability showed a decline:

• Profit Before Tax (PBT) for Q2 FY2026 stood at Rs. 142.54 lakhs, up from Rs. 77.87 lakhs in Q1 FY2026.
• Profit After Tax (PAT) was reported at Rs. 141.59 lakhs for Q2 FY2026, compared to Rs. 77.50 lakhs in the previous quarter.

Segment-wise Performance

The Technical Textile segment remained the primary revenue driver for Texel Industries:

Financial Position

As of September 30, 2025, Texel Industries reported:

• Total assets of Rs. 9,570.21 lakhs
• Total equity (including share capital and other equity) of Rs. 4,074.44 lakhs

Management Commentary

The Board of Directors, in their meeting held on November 14, 2025, reviewed and approved these financial results. The company's management has not provided specific commentary on the results or future outlook in the available data.

Conclusion

Texel Industries Limited has demonstrated revenue growth in Q2 FY2026, primarily driven by its Technical Textile segment. However, the company faces challenges in maintaining profitability proportionate to its revenue increase.

The company's diversification into Land, Building & Property Development appears to be contributing positively to its revenue mix, albeit on a smaller scale compared to its core Technical Textile business.

Investors and stakeholders may want to keep an eye on how the company manages its costs and improves its profit margins in the coming quarters.

Texel Industries , a leading player in the technical textile sector, has announced a significant turnaround in its financial performance for the first quarter. The company reported a standalone profit after tax of Rs 78.31 lakh, marking a substantial improvement from a loss of Rs 156.25 lakh in the corresponding quarter of the previous year.

Revenue Growth and Segment Performance

The company's revenue from operations stood at Rs 2,575.13 lakh, representing an 8.5% increase from Rs 2,372.63 lakh in the same quarter last year. Texel Industries operates in two primary segments:

1. Technical Textile: This segment generated revenue of Rs 2,544.13 lakh, contributing the majority of the company's total revenue.
2. Land, Building & Property Development: This segment reported revenue of Rs 31.00 lakh.

Profitability and Earnings Per Share

The company's profitability showed a marked improvement:

• Profit before tax: Rs 78.68 lakh
• Profit after tax: Rs 78.31 lakh

The basic earnings per share (EPS) improved to Rs 0.59, compared to a loss of Rs 1.87 per share in the corresponding quarter of the previous year.

Segment-wise Results

Financial Position and Other Highlights

• Total income for the quarter: Rs 2,587.74 lakh
• Finance costs: Rs 67.75 lakh, down from Rs 100.13 lakh in the same quarter last year
• Other income: Rs 12.61 lakh, up from Rs 1.72 lakh in the same quarter last year

The company's board meeting was held on August 14, where these unaudited financial results were approved. The statutory auditors, M/s Sunil Poddar & Co., have expressed an unmodified audit opinion on the financial results.

Management Commentary

Shailesh R Mehta, Chairman and Managing Director of Texel Industries Limited, stated, "We are pleased with the company's performance this quarter, which demonstrates our ability to navigate challenges and deliver profitable growth. The significant turnaround in our bottom line is a testament to our strategic initiatives and operational efficiency."

About Texel Industries Limited

Texel Industries Limited is a prominent player in the technical textile industry, with its registered office located in Kheda, Gujarat. The company has been focusing on innovation and diversification in its product offerings, catering to various sectors through its technical textile solutions.

The financial results reflect Texel Industries' resilience and its potential for growth in the coming quarters. Investors and stakeholders will be keenly watching the company's performance as it continues to build on this positive momentum.