Cravatex Ltd (509472)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Cravatex's revenue was ₹32.2 Cr (+39.3% year on year, -18.4% on the previous quarter), and net profit ₹0.4 Cr (against a loss a year earlier); the operating margin was -10.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹32.2 | +39.3% | -18.4% |
| Operating profit | ₹-3.3 | loss narrowed | loss widened |
| Net profit | ₹0.4 | from loss | -72.6% |
| EPS (₹) | 1.70 | from loss | -72.5% |
| Operating margin | -10.2% | — | — |
📢 Recent Corporate Announcements
Cravatex Ltd reported a consolidated net profit of ₹0.44 crore for the quarter ended June 30, 2026, recovering from a loss of ₹1.37 crore in the same period last year. Revenue from operations increased by 39.3% YoY to ₹32.22 crore, although it saw a sequential decline of 18.4% from the March 2026 quarter. Notably, 'Other Income' of ₹4.40 crore significantly bolstered the bottom line, actually exceeding the revenue from operations for the quarter. The company maintains a debt-free balance sheet but continues to face challenges with core operating margins.
- Consolidated Revenue from operations stood at ₹32.22 crore, up 39.3% from ₹23.13 crore in Q1 FY26.
- Net Profit turned positive at ₹0.44 crore compared to a loss of ₹1.37 crore in the year-ago quarter.
- Other Income contributed ₹4.40 crore, representing a significant portion of the total income of ₹36.63 crore.
- Earnings Per Share (EPS) for the quarter was ₹1.70, down from ₹6.19 in the preceding quarter (Q4 FY26).
- Total expenses for the quarter were ₹35.96 crore, with purchase of stock-in-trade accounting for ₹18.00 crore.
Cravatex Ltd reported a consolidated turnaround for Q1 FY27, posting a net profit of ₹0.44 crore compared to a loss of ₹1.37 crore in the same quarter last year. Revenue from operations grew 39.3% YoY to ₹32.22 crore, which accounts for approximately 21% of its TTM revenue. However, the bottom line was significantly supported by 'Other Income' of ₹4.40 crore, as the company faced high operating expenses. Profitability remains thin with a consolidated profit before tax of only ₹0.67 crore.
- Consolidated revenue from operations rose 39.3% YoY to ₹32.22 crore from ₹23.13 crore.
- Net profit turned positive at ₹0.44 crore versus a loss of ₹1.37 crore in the previous year's corresponding quarter.
- Other income of ₹4.40 crore was a major contributor, exceeding the total profit before tax of ₹0.67 crore.
- Earnings Per Share (EPS) improved to ₹1.70 from a negative ₹5.29 in Q1 FY26.
- Total expenses increased to ₹35.96 crore, primarily driven by ₹17.99 crore in purchase of stock-in-trade.
Cravatex Ltd has scheduled a board meeting for August 12, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company, with a market capitalization of Rs 89 Cr, reported a TTM revenue of Rs 151 Cr and a net profit of Rs 7 Cr. Investors will be monitoring for a turnaround in operating margins, which stood at -4.2% on a TTM basis. The company remains debt-free with a promoter holding of 75%.
- Board meeting scheduled for August 12, 2026, to approve Q1 results
- Results cover the three-month period ended June 30, 2026
- Company reported TTM revenue of Rs 151 Cr against a market cap of Rs 89 Cr
- Operating profit margin (TTM) is currently negative at -4.2%
- Promoter holding remains stable at 75.0% as of June 2026
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