According to reports from Business Standard, Shiva Suitings reported a standalone net loss of ₹0.04 crore in the quarter ended June 2026, marking a significant shift from the net profit of ₹0.01 crore recorded in the corresponding quarter of the previous financial year. The company's financial performance showed a deterioration across key metrics during this quarter.
As reported by Business Standard, the company's sales declined by 57.47% to ₹0.37 crore in Q1 FY27 compared to ₹0.87 crore in the same quarter of the previous financial year. This substantial revenue contraction indicates significant operational challenges during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) turned negative at -13.5% in Q1 FY27, compared to a positive 11.15% in the corresponding quarter of the previous year. The company also reported a PBDT loss of ₹0.05 crore and PBT loss of ₹0.05 crore during this quarter.
