Nahar Spinning Mills reports Rs 71 crore Q2 standalone profit

Nahar Spinning Mills Limited reported standalone profit after tax of Rs 71.05 crore for the quarter ended 30 September 2026. Nahar Spinning Mills recorded total comprehensive income of Rs 60.06 crore after a Rs 10.98 crore other comprehensive loss, compared with a Rs 36.54 crore total comprehensive loss in the corresponding quarter a year earlier.

What did Nahar Spinning Mills report for the September quarter?

Nahar Spinning Mills reported Rs 71.05 crore profit after tax for the quarter ended 30 September 2026, compared with Rs 69.88 crore in the preceding quarter ended 30 June 2026. Profit before tax was Rs 91.91 crore before the Rs 1.74 lakh corporate social responsibility expense, leaving profit from ordinary activities before tax of Rs 91.90 crore.

Total comprehensive income was Rs 60.06 crore in the September 2026 quarter, reflecting a Rs 10.98 crore other comprehensive loss. The corresponding September 2025 quarter recorded a Rs 36.54 crore total comprehensive loss, but the filing presents profit after tax and other comprehensive income as separate lines; the year-earlier total comprehensive loss is therefore not a like-for-like profit-after-tax comparison.

Revenue from operations was Rs 779.27 crore for the September 2026 quarter, down from Rs 966.10 crore in the June 2026 quarter. Total income from operations, including other income, was Rs 781.00 crore, while total expenses were Rs 689.09 crore, producing the reported pre-tax result.

The quarter-on-quarter comparison shows that profit after tax increased by Rs 1.17 crore even as revenue from operations fell by Rs 186.83 crore. Total comprehensive income moved in the other direction, declining by Rs 31.92 crore from Rs 91.98 crore in the June 2026 quarter because the September-quarter other comprehensive result was a loss.

How did Nahar Spinning Mills perform in the first half?

Nahar Spinning Mills reported Rs 140.92 crore profit after tax for the half year ended 30 September 2026, made up of Rs 71.05 crore in the September quarter and Rs 69.88 crore in the June quarter. Total comprehensive income for the six months was Rs 152.04 crore, compared with Rs 49.11 crore in the half year ended 30 September 2025.

Profit before tax for the September 2026 half year was Rs 185.27 crore, against Rs 14.47 crore in the corresponding prior-year half. The company reported Rs 143.72 crore of other expenses during the latest half year and Rs 50.99 crore of depreciation and amortisation expense.

Finance cost was Rs 31.67 crore in the six months ended 30 September 2026, compared with Rs 28.60 crore in the corresponding 2025 period. Despite the Rs 3.07 crore increase in finance cost and the Rs 4.91 crore rise in depreciation and amortisation, first-half profit after tax reached Rs 140.92 crore.

The filing does not provide a management explanation for the movement in first-half earnings, including the changes in revenue, costs, pricing, volumes or demand. It reports unaudited standalone results prepared under Indian Accounting Standard 34, or Ind AS 34, for interim financial reporting.

Which costs affected Nahar Spinning Mills’ quarterly result?

Nahar Spinning Mills reported Rs 26.49 crore of depreciation and amortisation expense in the September 2026 quarter, compared with Rs 24.50 crore in the June 2026 quarter. Finance cost was Rs 13.04 crore in September, lower than Rs 18.63 crore in June, while other expenses were Rs 72.49 crore against Rs 71.22 crore in the preceding quarter.

The company recorded no exceptional item in either the September 2026 or June 2026 quarter. Corporate social responsibility expense was Rs 1.74 lakh in each of those quarters, and the September 2025 quarter carried Rs 22.74 lakh of such expense, according to the standalone statement.

The results statement reports changes in inventories of finished goods, work in progress and stock-in-trade as an expense line, alongside material consumption, purchases of stock-in-trade, employee benefits and power and fuel. It does not disclose a product-level or customer-level breakdown of these costs for the Rs 779.27 crore September-quarter revenue base.

How did Nahar Spinning Mills’ balance sheet and cash flow change?

Nahar Spinning Mills reported total assets of Rs 2,722.27 crore at 30 September 2026, compared with Rs 2,693.22 crore at 31 March 2026. Total equity increased to Rs 1,660.55 crore from Rs 1,512.12 crore, including other equity of Rs 1,642.50 crore versus Rs 1,494.06 crore at the financial year-end.

Property, plant and equipment rose to Rs 868.03 crore at 30 September 2026 from Rs 809.91 crore at 31 March 2026. Capital work in progress increased to Rs 75.87 crore from Rs 32.00 crore, while investments rose to Rs 179.56 crore from Rs 146.50 crore.

Non-current borrowings increased to Rs 309.63 crore from Rs 184.26 crore over the six months. Current borrowings declined to Rs 541.49 crore from Rs 798.71 crore, and total current liabilities fell to Rs 708.36 crore from Rs 957.26 crore.

Net cash flow from operating activities was Rs 298.97 crore for the half year ended 30 September 2026, compared with Rs 331.55 crore a year earlier. Investing activities used Rs 144.17 crore, including Rs 126.44 crore spent on fixed assets and Rs 43.87 crore on capital work in progress; the filing does not identify the projects involved.

What does Nahar Spinning Mills disclose about its business segments?

Nahar Spinning Mills operates in one reportable segment, textiles, and therefore says segment reporting under Indian Accounting Standard 108, or Ind AS 108, is not applicable. The Rs 71.05 crore September-quarter profit after tax and Rs 140.92 crore first-half profit after tax are consequently disclosed for the business as a whole rather than by product or geography.

The filing does not provide separate revenue, profit or asset figures for textile product categories, domestic and export markets, or individual facilities. It also states that Nahar Spinning Mills has no subsidiary, associate or joint venture company as at the reporting date.

The board reviewed, approved and took the results on record on 30 October 2026. Gupta Vigg & Co., Chartered Accountants, issued a limited review report stating that nothing had come to its attention causing it to believe the unaudited statement did not disclose the required information or contained a material misstatement.

Conclusion

Nahar Spinning Mills delivered Rs 71.05 crore of standalone profit after tax in the September 2026 quarter and Rs 140.92 crore for the first half, while the comparable September 2025 quarter had reported a Rs 36.54 crore total comprehensive loss. The quarter also showed lower revenue than in June 2026, alongside lower finance cost and a negative other comprehensive income result.

The next disclosures to watch are the operating effects of Rs 126.44 crore of fixed-asset spending and Rs 43.87 crore of capital work in progress during the first half. Nahar Spinning Mills did not provide a financial target, project timetable or management outlook in the 30 October 2026 filing, leaving future updates to subsequent results disclosures.