Latest news about Modern Threads
Modern Threads
48.12
+1.78(+3.84%)
Company Performance:
View Company Insights1D+3.84%
1M-0.80%
6M+6.23%
1Y+15.92%
5Y+129.14%
More news about Modern Threads
28Mar 26
Modern Threads Board Approves Re-appointment of Tax and Internal Auditors
Modern Threads (India) Limited's Board of Directors approved the re-appointment of S.S. Surana & Co., Chartered Accountants as Tax Auditor for FY 2025-26 and Mr. Naveen Kumar Vijayvargiya as Internal Auditor for FY 2026-27. Both appointments, recommended by the Audit Committee, ensure continuity in financial oversight and compliance with SEBI regulations.
12Mar 26
Modern Threads (India) Limited Responds to BSE Inquiry on Stock Price Movement
Modern Threads (India) Limited has responded to a BSE inquiry about recent stock price movements, confirming its compliance with SEBI Listing Regulations and stating that no material information has been withheld. The company attributed the price movement to market-driven factors and clarified that management has no connection to the stock's price fluctuations. The formal response was issued on March 12, 2026, addressing BSE's inquiry dated March 11, 2026.
16Feb 26
Modern Threads (India) Ltd Publishes Q3FY26 Consolidated Results in Newspapers
Modern Threads (India) Limited published newspaper extracts of its Q3FY26 consolidated financial results under SEBI compliance, reporting quarterly revenue of ₹7,271.02 lakhs and net profit of ₹569.59 lakhs. The nine-month performance showed revenue of ₹22,025.43 lakhs with profit of ₹852.48 lakhs, while maintaining earnings per share of ₹1.64 for the quarter.
07Jan 26
Modern Threads (India) Limited Announces Executive Director Changes
Modern Threads (India) Limited announced executive leadership changes effective January 7, 2026, appointing Prabodh Kumar Nahar as Executive Director while Ram Awatar Kabra resigned due to health issues. The board also reconstituted key committees following these changes.
16Aug 25
Modern Threads Reports 21.5% Revenue Growth Amid Profitability Challenges in Q1 FY2026
Modern Threads (India) Limited reported a 21.5% increase in total income to Rs. 7161.39 lakhs for Q1 FY2026. Revenue from operations grew by 20.3% to Rs. 6986.41 lakhs. However, net profit after tax declined sharply to Rs. 0.63 lakhs from Rs. 18.38 lakhs in Q1 FY2025. EBITDA margin contracted to 0.4% from 1.4% year-over-year. The company attributes revenue growth to improving domestic demand but faces profitability pressures due to elevated input costs. Management is focusing on operational efficiencies, product mix enhancement, cost optimization, and exploring new export markets to address these challenges.
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