Nivaka Fashions Reports Significant Loss and Revenue Decline in Q1 FY2026
Nivaka Fashions Limited's Q1 FY2026 results show a net loss of Rs 47.65 crore, compared to a profit of Rs 23.53 crore in Q1 FY2025. Revenue from operations fell by over 99% to Rs 0.04 lakh. Total revenue decreased by 96% to Rs 5.20 lakh. Despite reduced expenses of Rs 53.39 lakh, the company reported a loss before tax of Rs 48.19 lakh. EPS turned negative at Rs 0.05. The board approved these results on August 14, 2025, after review by the Audit Committee and statutory auditors.
25Jul 25
Nivaka Fashions Appoints New Company Secretary Amid Leadership Change
Nivaka Fashions Limited has appointed Ms. Sanjana Rajesh Gupta as the new Company Secretary and Compliance Officer, effective July 25, 2025. She replaces Ms. Monika Jain, who resigned citing personal reasons. The Board of Directors approved this change during a meeting on the same date. Ms. Gupta, an Associate Member of ICSI with membership number A77148, brings experience in secretarial and compliance matters under the Companies Act, 2013 and SEBI Regulations.