Winsome Textile Industries Reports Mixed Q2 Results with Revenue Growth and Profit Decline

1 min read     Updated on 10 Nov 2025, 03:09 PM
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Radhika SScanX News Team
Overview

Winsome Textile Industries Limited announced Q2 FY2026 results with revenue growth but profit decline. Net sales increased by 2.52% to Rs. 20,210.00 lacs, while net profit after tax decreased by 23.63% to Rs. 669.00 lacs. Half-year results showed similar trends with 1.58% revenue growth and 27.31% profit decline. The Board approved the results on November 10, 2025, and B.Chhawchharia & Co. conducted an independent review.

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

Winsome Textile Industries Limited , a prominent player in the Indian textile sector, has announced its unaudited financial results for the second quarter ended September 30, 2025, revealing a mixed performance with revenue growth and profit decline.

Revenue Growth

The company reported net sales of Rs. 20,210.00 lacs for Q2 FY2026, marking a 2.52% increase compared to Rs. 19,713.00 lacs in the same quarter of the previous year. This growth in revenue indicates a positive trend in the company's top-line performance.

Profit Decline

Despite the revenue growth, Winsome Textile Industries experienced a decline in profitability:

Metric Q2 FY2026 Q2 FY2025 YoY Change
Net Profit After Tax Rs. 669.00 lacs Rs. 876.00 lacs -23.63%
Earnings Per Share Rs. 3.37 Rs. 4.46 -24.44%

The decrease in net profit and earnings per share suggests challenges in maintaining profit margins during the quarter.

Half-Year Performance

For the half-year period ended September 30, 2025:

Metric H1 FY2026 H1 FY2025 YoY Change
Net Sales Rs. 40,530.00 lacs Rs. 39,898.00 lacs +1.58%
Net Profit Rs. 1,355.00 lacs Rs. 1,864.00 lacs -27.31%

The half-yearly results show a similar trend of modest revenue growth accompanied by a more significant decline in profitability.

Board Approval and Compliance

The Board of Directors of Winsome Textile Industries Limited approved these results in their meeting held on November 10, 2025. The financial statements have been prepared in accordance with Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act, 2013.

Auditor's Review

B.Chhawchharia & Co., Chartered Accountants, conducted an independent review of the quarterly unaudited financial results. Their review report states that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Segment Information

The company's operations predominantly comprise only one segment - Textile (Yarn and Allied Activities).

Investors and stakeholders should note that these results provide insights into the company's current financial position and performance trends. However, they should also consider broader market conditions and industry trends when evaluating the company's prospects.

Historical Stock Returns for Winsome Textile Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%-0.80%-5.78%-7.76%-10.03%+385.33%
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Winsome Textile Industries Shareholders Approve Key Executive Re-appointments and New Secretarial Auditor

1 min read     Updated on 26 Sept 2025, 03:02 PM
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Reviewed by
Suketu GScanX News Team
Overview

Winsome Textile Industries Limited conducted its 44th Annual General Meeting on September 24, 2025. Shareholders approved the re-appointment of Anil Kumar Sharma as Executive Director and CEO for three years from February 12, 2026, and Ashish Bagrodia as Chairman & Managing Director for five years from February 1, 2026. Ramesh Bhatia was appointed as Secretarial Auditor for five years. The meeting also saw the adoption of financial statements and ratification of Cost Auditor remuneration. Most resolutions passed with over 99% votes in favor.

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

Winsome Textile Industries Limited , a prominent player in the textile sector, held its 44th Annual General Meeting (AGM) on September 24, 2025, at its registered office in Baddi, Himachal Pradesh. The shareholders approved several significant resolutions, including key executive re-appointments and the appointment of a new secretarial auditor.

Executive Re-appointments

The shareholders gave their nod to the re-appointment of two key executives:

  1. Anil Kumar Sharma: Re-appointed as Executive Director and CEO for a three-year term, effective February 12, 2026. Mr. Sharma, 71, holds a B.Tech degree and an MBA from Punjab Agriculture University, Ludhiana. He has been serving as the Executive Director & CEO since February 2020 and has been instrumental in market development and brand management for the company.

  2. Ashish Bagrodia: Re-appointed as Chairman & Managing Director for a five-year term, with remuneration approved for three years, effective February 1, 2026. Mr. Bagrodia, 55, is a mechanical engineer with over two decades of experience in the textile industry. As a company promoter, he has played a crucial role in establishing Winsome Textile's second spinning unit and a hydro power project.

New Secretarial Auditor

The AGM also saw the appointment of Ramesh Bhatia as the company's Secretarial Auditor for five consecutive years, from FY 2025-26 to 2029-30. Mr. Bhatia is a seasoned professional with over three decades of experience in core secretarial, legal, and corporate law matters.

Other Key Resolutions

Shareholders also approved the following resolutions:

  1. Adoption of the audited financial statements for the year ended March 31, 2025, along with the reports of the Board of Directors and Auditors.
  2. Ratification of the remuneration for the Cost Auditor for FY 2025-26.

Voting Results

The resolutions were passed with a significant majority. The e-voting results showed that most resolutions received over 99% votes in favor, with only a small fraction voting against.

Winsome Textile Industries Limited continues to strengthen its leadership team and corporate governance practices with these appointments and re-appointments. The company, known for its spinning units and hydro power project, looks set to build on its established presence in the textile industry under the continued guidance of its experienced leadership.

Historical Stock Returns for Winsome Textile Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%-0.80%-5.78%-7.76%-10.03%+385.33%
Winsome Textile Industries
View in Depthredirect
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