S P Apparels delivered robust financial performance in the June 2026 quarter, with consolidated net profit surging 20% to ₹24.91 crore compared to ₹21.40 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this strong profit growth occurred despite facing headwinds in the top line, as the company's sales declined 0.58% to ₹401.08 crore from ₹403.44 crore in June 2025. The company also reported Q1 FY27 EPS of ₹9.9 and demonstrated sequential growth with revenue growing 9.9% from Q4 FY26.
The company's board approved significant shareholder-friendly measures on August 11, including a 1:5 stock split that will subdivide one equity share with a face value of ₹10 into five shares of ₹2 each. As reported by Business Standard, the split is aimed at making shares more affordable for retail investors while enhancing liquidity. The final dividend of ₹3 per share for FY26 has also been recommended, with the record date set for September 4, 2026. The company currently has 2.51 crore paid-up equity shares, which would rise to about 12.57 crore following the split, with the dividend to be paid within 30 days of the Annual General Meeting scheduled for September 21, 2026.
The company demonstrated improved operational efficiency during the quarter, with EBITDA increasing 16.1% to ₹61.4 crore and EBITDA margin expanding to 15.3% from 13.1% in the same period last year. According to the latest financial results, profit before depreciation and tax (PBDT) increased 15% to ₹49.09 crore from ₹42.78 crore in June 2025, while profit before tax (PBT) rose 14% to ₹35.85 crore from ₹31.49 crore in the corresponding quarter of the previous year. The company also reported strong sequential growth with EBITDA jumping 37.5% and profit after tax increasing 33.8% from Q4 FY26.
The company's international operations showed exceptional growth during the quarter, with revenue from UK subsidiary rising 125.2% year-on-year to ₹33.3 crore. Additionally, S P Retail Ventures reported revenue of ₹18.8 crore, up 26.7% year-on-year, demonstrating successful market expansion and diversification of revenue streams. This international growth, combined with the company's domestic operations, contributed to the overall financial performance and enhanced shareholder value through improved operational efficiency and strategic expansion initiatives.
