Patspin
7.35
+0.21(+2.94%)
Market Cap₹22.75 Cr
PE Ratio-1.99
IndustryTextiles
Company Performance:
1D+2.94%
1M-6.84%
6M-19.41%
1Y-21.89%
5Y+47.29%
View Company Insightsright
More news about Patspin
07Nov 25
Patspin India Reports Widening Losses, Seeks Debt Restructuring Amid Financial Challenges
Patspin India Limited reported a net loss of Rs 3.03 crore for Q2, a 39.63% increase year-over-year. Revenue from operations improved to Rs 13.75 crore, up 22.88% quarter-on-quarter. The company has submitted a new resolution plan to lenders for debt restructuring, including moratorium on payments, interest rate reduction, and fresh working capital facility. Patspin plans to resume cotton yarn manufacturing to improve EBITDA levels and debt servicing capabilities.
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05Aug 25
Patspin India Announces Leadership Changes and Q1 Financial Results
Patspin India Limited has appointed Shri Umang Patodia as the new Chairman, replacing Shri B.K. Patodia who becomes Chairman Emeritus. The company reported a total revenue of Rs. 1,143.00 lakhs for Q1 FY2026, down 20.79% year-over-year, with a net loss of Rs. 236.00 lakhs. Patspin plans to resume manufacturing cotton yarn and has submitted a debt restructuring plan to lenders.
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05Aug 25
Patspin India Reports Q1 Loss, Announces Leadership Transition as B.K. Patodia Retires
Patspin India Limited reported a net loss of Rs 236.00 lakhs for Q1, with revenue declining to Rs 1,119.00 lakhs. B.K. Patodia retired as Chairman, with Umang Patodia appointed as the new Chairman. The company faces liquidity challenges and has submitted a debt restructuring plan to lenders, which includes moratorium on interest payments and fresh working capital facility. Patspin plans to resume cotton yarn manufacturing, anticipating improved demand in the Indian Textiles Industry.
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Patspin
7.35
+0.21
(+2.94%)
1 Year Returns:-21.89%
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