According to reports from Business Standard, Modern Denim reported a standalone net loss of ₹1.59 crore for the quarter ended June 2026, representing an improvement from the net loss of ₹1.80 crore recorded in the corresponding quarter of the previous financial year. The company's financial performance showed mixed results across key metrics during the first quarter of FY27.
As reported by Business Standard, the company's sales declined by 39.19% to ₹3.32 crore in Q1 FY27 compared to ₹5.46 crore in the same quarter of the previous financial year. This significant revenue contraction reflects challenging market conditions and operational challenges faced by the denim manufacturer during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) improved to -43.98% in Q1 FY27 from -29.12% in the corresponding quarter of the previous year. Additionally, PBDT (Profit Before Depreciation and Tax) improved by 8% to ₹-1.46 crore from ₹-1.59 crore in the previous year's quarter. The company's PBT (Profit Before Tax) also improved by 12% to ₹-1.59 crore from ₹-1.80 crore in the corresponding quarter of the previous financial year.
