Acknit industries Limited has successfully inaugurated its new factory unit in West Bengal, marking a significant expansion in its manufacturing capabilities. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Factory Location and Inauguration Details

The new manufacturing facility is strategically located in Mouza Gopalpur Chandigarh, Chandigarh Rohanda Gram Panchayat, Barasat, Madhyamgram, North 24 Parganas, Kolkata – 700132, West Bengal. The inauguration ceremony took place on February 22, 2026, with the company's esteemed directors and officials in attendance.

Commercial Production Timeline

While the factory unit has been successfully inaugurated, Acknit Industries Limited has indicated that it will provide further updates on the estimated commercial production timeline in due course. This suggests that the company is taking a measured approach to ensure proper setup and operational readiness before commencing full-scale production activities.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, demonstrating the company's commitment to maintaining transparency with its stakeholders and regulatory authorities. The filing was signed by Sneha Gupta, Company Secretary & Compliance Officer, on February 23, 2026.

This expansion represents a strategic move by Acknit Industries Limited to strengthen its manufacturing footprint in the eastern region of India, potentially enhancing its production capacity and market reach in the area.

Acknit industries Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance across key financial metrics. The company's Board of Directors approved the results at a meeting held on February 11, 2026.

Financial Performance Overview

The company's quarterly performance reflected challenging market conditions with revenue and profitability declining compared to the previous year.

Nine Months Performance

For the nine months ended December 31, 2025, the company reported revenue from operations of ₹17,354.77 lakhs compared to ₹17,490.03 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹456.97 lakhs against ₹583.42 lakhs in the previous year, marking a decline of 21.7%.

Segment-wise Revenue Analysis

The company's diversified business portfolio showed varying performance across different segments during Q3FY26.

Strategic Expansion Initiatives

The Board announced several significant expansion and diversification plans to strengthen the company's market position:

• PPE Manufacturing: Initiated expansion facilities for Personal Protective Equipment manufacturing at industrial land in Falta Sector III
• Textile Park Development: Planning expansion at the industrial land procured from WBSIDCL at Banipur Integrated Textile Park, North 24 Parganas, West Bengal
• Jhautala Factory: Planning to initiate production facilities at the factory situated in Mouza Gopalpur Chandigarh, Barasat, Madhyamgram
• Leather Goods: Allotted 5000 Sq. m. area in Kolkata Leather Complex, Bantalla, South 24 Parganas for leather goods and allied industries
• Helmet Manufacturing: Entering into the manufacture of helmets as a new product category

Operational Considerations

The company is evaluating the feasibility of continuing with the Wind Power Generation Sector, as the life of the windmill is approaching expiration. This assessment reflects the company's strategic approach to optimizing its asset portfolio.

Financial Position

The company maintained a stable financial position with paid-up equity share capital of ₹304.00 lakhs. Earnings per share for Q3FY26 stood at ₹4.79 compared to ₹5.83 in the corresponding quarter of the previous year. The results were reviewed by SRB & Associates, Chartered Accountants, who issued an unmodified opinion on the financial results.