According to reports from Business Standard, Ashnoor Textile Mills delivered exceptional profit performance in the June 2026 quarter, with net profit surging 113.58% to ₹9.91 crore compared to ₹4.64 crore in the corresponding quarter of the previous year. This remarkable profit growth occurred despite facing revenue headwinds during the quarter, as reported by Business Standard.
As reported by Business Standard, the company's sales declined 14.21% to ₹34.18 crore in the quarter ended June 2026, down from ₹39.84 crore in the same period of the previous year. This revenue contraction indicates challenging market conditions or operational adjustments during the quarter, according to Business Standard.
According to the financial data reported by Business Standard, the company demonstrated improved operational efficiency with operating profit margin (OPM) increasing to 17.47% in Q1 FY27 from 16.89% in the corresponding quarter of the previous year. This margin expansion suggests better cost management and operational leverage despite the revenue decline, as reported by Business Standard.
As reported by Business Standard, the company's profit before tax (PBT) increased 92% to ₹11.87 crore in the quarter ended June 2026, compared to ₹6.18 crore in the previous year. Additionally, PBDT (Profit Before Depreciation and Tax) grew 75% to ₹13.33 crore from ₹7.62 crore in the corresponding quarter of the previous year, indicating strong operational performance across key profitability metrics, according to Business Standard.
According to recent market data, Ashnoor Textile Mills has a market capitalization of ₹68.5 crore and is trading at 0.72 times its book value. The company has delivered repeated profits but does not pay dividends and has shown poor sales growth of -0.80% over the past five years. The company's return on equity stands at 9.79% over the last three years, while working capital days have increased from 116 days to 248 days, indicating some operational challenges, as reported by market data.
