Salora International Ltd (500370)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Salora International's revenue was ₹3.4 Cr (-87.7% year on year, -69.6% on the previous quarter), and net profit ₹-1.0 Cr (against a profit a year earlier); the operating margin was -20.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.4 | -87.7% | -69.6% |
| Operating profit | ₹-0.7 | loss narrowed | loss narrowed |
| Net profit | ₹-1.0 | to loss | loss narrowed |
| EPS (₹) | -1.13 | to loss | loss narrowed |
| Operating margin | -20.9% | — | — |
📢 Recent Corporate Announcements
Salora International reported a severe contraction in its Q1 FY27 performance, with revenue from operations falling 87.6% YoY to Rs 3.38 crore from Rs 27.41 crore. The company posted a net loss of Rs 0.99 crore, compared to a marginal profit of Rs 0.04 crore in the same quarter last year. A major driver for this decline was the suspension of the company's GST registration in Delhi from March 27 to May 29, 2026, which paralyzed operations for two months. Additionally, the company incurred Rs 24.06 lakhs in legal expenses related to an ongoing Supreme Court case.
- Revenue from operations collapsed to Rs 3.38 crore, down 87.6% from Rs 27.41 crore in June 2025.
- Net loss for the quarter stood at Rs 0.99 crore versus a profit of Rs 0.04 crore in the year-ago period.
- GST registration in Delhi was suspended for 63 days during the quarter, severely impacting turnover.
- Legal expenses of Rs 24.06 lakhs were recognized as court fees for an SLP admitted in the Supreme Court.
- Purchases of stock-in-trade decreased significantly to Rs 2.18 crore from Rs 26.13 crore YoY.
Salora International reported a severe 87.6% YoY decline in revenue to Rs 3.38 Cr for Q1 FY27, down from Rs 27.41 Cr in Q1 FY26. The company posted a net loss of Rs 0.99 Cr, compared to a marginal profit of Rs 0.04 Cr in the same period last year. This sharp downturn was primarily caused by the suspension of the company's Delhi GST registration from March 27 to May 29, 2026, which paralyzed operations for most of the quarter. Additionally, the company expensed Rs 24.06 lakhs in court fees related to an ongoing Supreme Court case where a stay remains in place.
- Revenue from operations collapsed to Rs 3.38 Cr from Rs 27.41 Cr in the year-ago quarter.
- Delhi GST registration was suspended for 63 days during the quarter, severely impacting turnover.
- Net loss for the quarter stood at Rs 0.99 Cr, with an EPS of -Rs 1.13.
- Court fees of Rs 24.06 lakhs were deposited and expensed in April 2026 for a Supreme Court matter.
- Deferred tax assets of Rs 20.39 Cr are carried on the books, including Rs 9.84 Cr from unabsorbed losses.
Salora International has scheduled a board meeting for August 13, 2026, to approve financial results for the quarter ended June 30, 2026. The company is currently facing significant financial headwinds, with FY26 revenue dropping ~60% to Rs 61.12 Cr from Rs 151.52 Cr in FY25. With a TTM net loss of Rs 4 Cr and a negative OPM of -4.6%, these results are critical for assessing the company's operational stability. The stock has underperformed significantly, declining 32.3% over the past year.
- Board meeting scheduled for August 13, 2026, at 12:00 Noon to approve Q1 FY27 results.
- Company reported a significant revenue contraction in FY26 to Rs 61.12 Cr from Rs 151.52 Cr in FY25.
- Latest quarterly results (March 2026) showed a net loss of Rs 2.87 Cr on revenue of Rs 11.12 Cr.
- Market capitalization stands at a low Rs 25 Cr with a debt of Rs 19 Cr.
- Promoter holding remains stable at 73.76% as of June 2026.
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