The Ruby Mills Limited profit rises on Rs 77.94 crore property sale

The Ruby Mills Limited reported standalone profit of Rs 50.8416 crore for the quarter ended September 30, 2026, versus Rs 10.9907 crore a year earlier, after booking Rs 77.94 crore profit on a property sale in its real estate and related segment while textile segment profit fell to Rs 0.6471 crore.

How did Ruby Mills perform in the September 2026 quarter?

Ruby Mills’ reported profit rose to Rs 50.8416 crore in the quarter ended September 30, 2026, from Rs 10.9907 crore in the corresponding 2025 quarter. Profit before tax increased to Rs 69.6359 crore from Rs 14.4039 crore, while earnings per equity share, not annualised, were Rs 15.20 against Rs 3.29 on shares with a face value of Rs 5 each.

Revenue from operations increased to Rs 104.9617 crore from Rs 85.6444 crore a year earlier, but total income rose more sharply to Rs 187.8020 crore from Rs 87.5412 crore. The difference reflected other income that included the Rs 77.94 crore profit on sale of property, while total expenses rose to Rs 118.1661 crore from Rs 73.1373 crore.

The September result also exceeded the June 2026 quarter, when Ruby Mills reported revenue from operations of Rs 91.4822 crore and profit of Rs 11.8249 crore. The sequential rise in profit of Rs 39.0167 crore coincided with the property-sale gain recorded in the September quarter, whereas the textile segment result declined from Rs 1.9855 crore to Rs 0.6471 crore.

What caused Ruby Mills’ reported profit increase?

Ruby Mills’ increase in reported profit was chiefly linked to Rs 77.94 crore profit on sale of property, which it included in other income and assigned to the real estate and related segment. The disclosed gain was larger than the quarter’s Rs 50.8416 crore profit after tax, showing that the reported result included a substantial property transaction.

The real estate and related segment recorded profit before tax and interest of Rs 81.2659 crore in the September 2026 quarter, compared with Rs 8.9835 crore a year earlier and Rs 8.5137 crore in June 2026. Segment revenue rose to Rs 34.2629 crore from Rs 10.7801 crore a year earlier, while the company stated that the property-sale gain was included in the segment result through other income.

For the half year ended September 30, 2026, Ruby Mills reported profit of Rs 62.6665 crore, compared with Rs 23.0503 crore in the prior-year half. The real estate and related segment generated Rs 89.7796 crore of profit before tax and interest, and the Rs 77.94 crore property-sale gain was included in both the quarterly and half-year figures rather than representing two separate gains.

Why did Ruby Mills’ textile segment profit decline?

Ruby Mills said the reduction in textile segment profit was largely attributable to higher input costs, although it stated that the cost increase was passed on to customers with effect from September 10, 2026. Textile segment profit before tax and interest fell to Rs 0.6471 crore from Rs 8.1024 crore a year earlier and Rs 1.9855 crore in the June 2026 quarter.

Textile revenue was Rs 70.6988 crore, down from Rs 74.8642 crore in the September 2025 quarter but above Rs 57.5560 crore in June 2026. The comparison shows that higher sequential textile revenue did not translate into higher segment profit during the quarter, and Ruby Mills did not quantify either the input-cost increase or the effect of the September 10 customer price pass-through.

For the half year ended September 30, 2026, textile revenue was Rs 128.2548 crore against Rs 134.2667 crore a year earlier. Textile segment profit before tax and interest declined to Rs 2.6326 crore from Rs 9.9256 crore, indicating that the six-month result remained below the prior-year level despite the September-quarter recovery in revenue from the June quarter.

What do Ruby Mills’ cash flow and balance sheet figures show?

Ruby Mills generated net cash from operating activities of Rs 27.6959 crore in the half year ended September 30, 2026, compared with net cash used in operating activities of Rs 33.3027 crore in the prior-year half. The improvement followed profit before tax of Rs 85.9567 crore and included a Rs 9.6326 crore reduction in trade receivables and a Rs 26.2350 crore increase in other liabilities.

The cash-flow statement recorded a Rs 78.3019 crore net gain on disposal of property, plant and equipment as an operating-cash-flow adjustment. Investing activities received Rs 113.6714 crore from disposal of property, plant and equipment or refund of capital advances, but net investing cash outflow was Rs 83.8822 crore after Rs 257.6398 crore of purchases of current and non-current investments.

Total assets stood at Rs 1,372.9524 crore on September 30, 2026, compared with Rs 1,215.5242 crore on March 31, 2026. Investment property was Rs 625.6278 crore against Rs 680.8443 crore, total equity rose to Rs 728.8760 crore from Rs 674.3675 crore, and total liabilities increased to Rs 644.0764 crore from Rs 541.1568 crore; cash and cash equivalents were Rs 1.4141 crore versus Rs 8.7145 crore at the start of the financial year.

Conclusion

Ruby Mills’ September-quarter profit of Rs 50.8416 crore was principally shaped by the Rs 77.94 crore property-sale profit within the real estate and related segment. Revenue from operations rose to Rs 104.9617 crore, but the textile business generated only Rs 0.6471 crore of segment profit as the company cited higher input costs, compared with Rs 8.1024 crore a year earlier.

The next reported period will show whether the customer price increase effective September 10, 2026 changes textile profitability after first-half segment profit of Rs 2.6326 crore. Ruby Mills has not quantified the financial impact of that pass-through, leaving its contribution to subsequent textile earnings unresolved.