According to the latest financial results approved by the Board of Directors on July 28, 2026, Aarnav Fashions reported a decline of 11% in standalone net profit for the quarter ended June 30, 2026, falling to ₹1.68 crore compared to ₹1.89 crore in the corresponding quarter of the previous year. The Ahmedabad-based textile manufacturer's financial performance showed mixed results across key metrics during this quarter, with revenue contraction being the primary driver of the profit decline.
The company's sales revenue declined by 11% to ₹86.53 crore in Q1 FY27, compared to ₹97.16 crore recorded in the same quarter of the previous financial year. As per the latest financial data, revenue from operations fell to ₹8652.86 lakh from ₹9715.80 lakh in Q1 FY26, reflecting softer demand or pricing pressures in the company's core textile segment. Other income also saw a marginal dip to ₹7.80 lakh from ₹8.20 lakh, while total income for the quarter stood at ₹8660.66 lakh compared to ₹9724.00 lakh in the corresponding period of the previous fiscal year.
According to the detailed financial data, the company's Operating Profit Margin (OPM) stood at 7.73% in Q1 FY27, compared to 7.17% in the corresponding quarter of the previous year. The Profit Before Depreciation and Tax (PBDT) decreased by 7% to ₹4.20 crore from ₹4.53 crore year-on-year. Additionally, Profit Before Tax (PBT) declined by 11% to ₹2.25 crore compared to ₹2.52 crore in Q1 FY26. The company managed to reduce cost of materials consumed to ₹6684.46 lakh from ₹6712.41 lakh, indicating better input cost management, while purchases of stock-in-trade fell sharply to ₹156.40 lakh from ₹599.99 lakh, suggesting reduced inventory buildup.
The financial results were reported by Aarnav Fashions on July 28, 2026, with statutory auditors Nahta Jain & Associates issuing a limited review report on the results. The primary driver of the net profit decline was the contraction in revenue from operations, which outpaced the reduction in total expenses. Although other expenses dropped substantially to ₹1420.76 lakh from ₹1894.08 lakh, the 11% fall in top-line revenue directly impacted profitability. The earnings per share (EPS) decreased to ₹0.40 from ₹0.45, signaling lower returns for shareholders in the quarter. The company operates primarily in the textiles sector, with no separate reportable segments as per Ind AS 108, and the results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and reviewed under Standard on Review Engagements (SRE) 2410.
