Sri ramakrishna mills (Coimbatore) Ltd. has received board approval for entering into a new real estate project development agreement with M/s. Infinium Developers LLP, Coimbatore. The board of directors approved this proposal during their meeting held on January 12, 2026, at 9:30 AM.

Project Development Details

The new real estate development will be undertaken at the company's property located at No.1493, Sathymangalam Road, Ganapathy, Coimbatore - 641 006. This marks the company's next phase in real estate operations following the successful completion of their previous project.

Previous Project Completion

The company referenced its earlier intimation dated July 22, 2015, regarding real estate operations in Coimbatore, confirming that the previous project has been completed. This successful completion has paved the way for the company to embark on its next real estate venture at the same location.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also updated its website at www.ramakrishnamills.com with this information to ensure transparency with stakeholders.

Company Operations

Sri Ramakrishna Mills (Coimbatore) Ltd. operates with its registered office at 1493, Sathymangalam Road, Ganapathy, Coimbatore, and maintains manufacturing operations at V.K.R. Puram, Nagari in Chittor District, Andhra Pradesh. The company trades under BSE scrip code 521178.

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.