SPL Industries Limited, a garment manufacturer and trader, reported a significant decline in financial performance for Q1 FY2026. Net sales decreased by 60.83% to ₹1,663.71 lakh, while net profit fell by 64.66% to ₹91.30 lakh compared to the same quarter last year. Total income dropped to ₹2,035.56 lakh, a 55.36% decrease year-over-year. The company's EPS declined to ₹0.31 from ₹0.89. SPL Industries also appointed M/s. Vatss & Associates as its new Internal Auditor for FY2025-26.