Loyal Textile Mills Q1 FY27: Revenue down 34%, loss narrows

Filing with exchanges and what was announced

Loyal Textile Mills Limited has submitted its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27) to the BSE and NSE. The company disclosed the update under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission is positioned as an outcome of the Board meeting and includes the unaudited financial results for the quarter. The company also indicated that the complete financial results and the statutory auditors’ limited review report are available on its official website. It further noted that the filings can be accessed through the exchange websites at bseindia.com and nseindia.com.

Board approval and statutory auditor review

The company said its Audit Committee and Board of Directors approved the Q1 FY27 financial results at a meeting held on Friday, August 14, 2026. The unaudited results were reviewed by M/s. Brahmayya & Co., Chartered Accountants, who are the statutory auditors of the company. The audit opinion referenced in the disclosure was clean (unmodified). The release also flagged that the numbers are unaudited and accompanied by a limited review report, as is standard for quarterly submissions.

Q1 FY27 standalone performance: revenue declined year-on-year

For Q1 FY27, Loyal Textile Mills reported a standalone revenue from operations of ₹86.06 crore, down from ₹130.11 crore in Q1 FY26, a 33.9% year-on-year decline. Total income stood at ₹86.20 crore compared with ₹131.18 crore a year earlier. On profitability, the company reported a standalone net loss of ₹1.50 crore for Q1 FY27, compared with a net loss of ₹17.01 crore in Q1 FY26.

Earnings per share (basic and diluted) were reported at -₹3.11 for Q1 FY27 versus -₹35.32 in Q1 FY26. While the quarter still remained in the red, the scale of losses was materially lower than the same quarter last year, based on the company’s filed figures.

Q1 FY27 consolidated results and the joint venture line item

The disclosure also carried consolidated results for Q1 FY27, with revenue from operations reported at ₹86.06 crore compared with ₹130.11 crore in Q1 FY26, mirroring the standalone top-line movement. Total income was ₹86.20 crore versus ₹131.18 crore. Consolidated net profit was reported as a loss of ₹1.50 crore, compared with a loss of ₹17.01 crore in Q1 FY26. Consolidated EPS (basic and diluted) was -₹3.11 compared with -₹35.32.

A notable consolidated disclosure was the share of profit from joint venture of ₹6.45 crore. The company stated that consolidated results include the Group’s share of net profit of ₹6.45 crore from Gruppo P&P Loyal SPA, described as a foreign joint venture. It also disclosed that the joint venture’s financial information was not subjected to review, and referenced non-compliance with Regulation 33(3)(h) of SEBI LODR in that context.

Exceptional items and discontinued operations

The filing also carried specific one-off and segmental disclosures. The company reported profit on sale of assets of ₹2.34 crore as an exceptional item, arising from disposal of idle plant and machinery. It also disclosed a loss of ₹1.18 crore from discontinued operations. These line items provide additional context on how the quarter’s reported profit and loss was shaped beyond core operations.

FY26 snapshot: annual loss widened as revenue fell

Alongside the quarterly update, the company reported its full-year picture for the year ended March 31, 2026 (FY26). Loyal Textile Mills reported a consolidated net loss of ₹64.67 crore for FY26, widening from a net loss of ₹46.85 crore in the previous year. Revenue from operations for FY26 stood at ₹421.96 crore, down from ₹627.78 crore in FY25.

This FY26 backdrop matters because it frames the Q1 FY27 update against a year in which revenue declined sharply and losses widened. It also provides investors a reference point for how large the quarterly revenue base is relative to the annual scale.

Recent quarterly trend (as reported in ₹ crore)

The company’s broader quarterly data table (in ₹ crore) shows fluctuations across FY25 and FY26 in net sales, expenditure, and profitability.

Key numbers at a glance (normalized to ₹ crore)

The summary below consolidates the most important figures disclosed for Q1 FY27 and the latest annual comparison.

Market and investor context from the disclosure

The provided data points suggest two simultaneous trends. First, the year-on-year revenue drop in Q1 FY27 is steep at 33.9%, indicating a smaller operating base than the comparable quarter. Second, the reported loss in Q1 FY27 is significantly narrower than Q1 FY26, even as the company disclosed exceptional income from sale of assets and a loss from discontinued operations.

The joint venture disclosure is also relevant because the consolidated results include a profit share of ₹6.45 crore from the foreign joint venture, while the company flagged that the underlying financial information was not subjected to review. Separately, the article text also referenced a current share price of ₹218.2, and included additional metrics such as EBITDA of ₹14.13 crore (141.30 million), TTM revenue of ₹422 crore (4.22 billion), and TTM net income available to common of -₹49.07 crore (-490.7 million).

What to track next

The company has already stated that the full financial results and the limited review report are available on its website and on the BSE and NSE portals. For investors, the next step is to read the detailed financial statements and review report to understand the drivers behind the revenue decline, the role of exceptional items, and the treatment of the joint venture profit line in consolidation.

Conclusion

Loyal Textile Mills’ Q1 FY27 filing confirms a sharp year-on-year fall in revenue, alongside a narrower loss compared with Q1 FY26. The results were approved on August 14, 2026 and reviewed under a clean (unmodified) limited review. The company has directed stakeholders to its website and the exchange portals for the complete results and the statutory auditors’ report.