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Soma Textiles Reports Q3 Turnaround with ₹1.94 Cr Profit; Pivots to Highway Construction
Soma Textiles & Industries Limited reported a significant financial turnaround in Q3 FY2025-26, posting a net profit of ₹1.94 crore compared to a loss of ₹0.34 crore in the previous year's corresponding quarter. Revenue from operations surged to ₹28.01 crore from just ₹0.59 crore YoY, following a complete shift in business strategy. The company has officially transitioned from textile trading to highway construction as its sole business segment. This follows a change in management control to new promoters, Roadway Solutions India Infra Limited, who took over in late 2025.
Key Highlights
Revenue from operations grew exponentially to ₹2,801 lakhs in Q3 FY26 from ₹59 lakhs in Q3 FY25.
Reported a Net Profit of ₹194 lakhs for the quarter versus a Net Loss of ₹34 lakhs in the same period last year.
Company officially shifted its primary business segment from 'Textiles' to 'Highway Construction' effective Q3 FY26.
New management took control led by Managing Director Ameel Harjinder Gadhoke following a promoter share sale.
Total expenses rose to ₹2,776 lakhs, primarily driven by ₹2,231 lakhs in road work and site expenses.
💼 Action for Investors
Investors should re-evaluate the company as an infrastructure play rather than a textile firm, given the total pivot in business operations. Monitor the new management's ability to scale the highway construction segment and sustain the newly achieved profitability.
Soma Textiles Bags Two Construction Orders Worth ₹343.95 Crore from Holding Company
Soma Textiles & Industries Limited has secured two major construction work orders totaling ₹343.95 crore from its holding company, Roadway Solutions India Infra Ltd. The first project, valued at ₹281.18 crore, involves building an expressway connector in Maharashtra with a 24-month completion target. The second project is a ₹62.77 crore contract for an eight-lane expressway in Gujarat to be executed within 12 months. These orders represent a significant business diversification and revenue pipeline for the company.
Key Highlights
Total order value of ₹343.95 crore across two separate infrastructure projects.
Major contract worth ₹281.18 crore for the Jalna-Nanded Expressway connector in Maharashtra.
Secondary contract worth ₹62.77 crore for an eight-lane expressway in Gujarat.
Execution timelines range from 12 to 24 months for the respective projects.
Contracts are awarded by the holding company which owns 56.68% of Soma Textiles.
💼 Action for Investors
Investors should view this as a significant positive for revenue visibility, though they should monitor the company's execution efficiency in the construction sector. The related-party nature of the contracts is noted as being at arm's length, but remains a point for governance monitoring.