Shree Rajasthan Syntex Limited cuts September loss to Rs 48.21 lakh

Shree Rajasthan Syntex Limited reported a Rs 48.21 lakh loss for the quarter ended September 30, 2026, compared with a Rs 2.78 crore loss a year earlier, as revenue from operations rose to Rs 4.16 crore and finance cost fell to Rs 14.62 lakh. The Board approved the unaudited standalone results on November 5, 2026.

What did Shree Rajasthan Syntex report for the September 2026 quarter?

Shree Rajasthan Syntex reported a loss for the period of Rs 48.21 lakh in the quarter ended September 30, 2026, narrowing from Rs 69.91 lakh in the June 2026 quarter and Rs 2.78 crore in the September 2025 quarter. The company recorded no current tax, deferred tax or prior-period tax adjustment in the three reported quarterly periods.

Shree Rajasthan Syntex's loss before exceptional items and tax was Rs 48.16 lakh, against Rs 1.27 crore a year earlier. The September 2026 quarter included an exceptional item of Rs 6,000, while the September 2025 quarter included an exceptional item of Rs 1.51 crore, resulting in the reported pre-tax loss of Rs 2.78 crore for that prior-year quarter.

Basic and diluted loss per share was Rs 0.12 for the September 2026 quarter, compared with Rs 0.17 in the preceding quarter and Rs 0.99 a year earlier. Total comprehensive loss was Rs 56.13 lakh, including Rs 7.92 lakh of other comprehensive loss, versus a Rs 77.83 lakh comprehensive loss in the June 2026 quarter.

How did Shree Rajasthan Syntex's revenue and costs change?

Shree Rajasthan Syntex's revenue from operations rose to Rs 4.16 crore in the September 2026 quarter from Rs 3.60 crore in the September 2025 quarter and Rs 3.76 crore in the June 2026 quarter. Total income was Rs 4.53 crore, up from Rs 4.01 crore a year earlier, as other income reached Rs 36.45 lakh.

Total expenses declined to Rs 5.01 crore from Rs 5.28 crore in the September 2025 quarter, although cost of material consumed increased to Rs 3.08 crore from Rs 2.57 crore. The cost reduction reflected finance cost of Rs 14.62 lakh against Rs 39 lakh, power and fuel expense of Rs 72.27 lakh against Rs 89 lakh, and employee benefit expense of Rs 67.88 lakh against Rs 74 lakh.

Other expenses fell to Rs 50.68 lakh from Rs 58 lakh, while depreciation and amortisation rose to Rs 22.81 lakh from Rs 22 lakh. Changes in inventories produced a negative Rs 35.88 lakh expense movement in the September 2026 quarter, compared with negative Rs 11 lakh in the comparable quarter of 2025.

What do Shree Rajasthan Syntex's half-year results show?

Shree Rajasthan Syntex reported a Rs 1.18 crore loss for the half year ended September 30, 2026, compared with a Rs 4.11 crore loss in the corresponding half year of 2025. Revenue from operations increased to Rs 7.92 crore from Rs 7.01 crore, while total income rose to Rs 8.60 crore from Rs 7.45 crore.

Half-year total expenses decreased to Rs 9.78 crore from Rs 10.05 crore, and loss before exceptional items and tax narrowed to Rs 1.18 crore from Rs 2.60 crore. Finance cost more than halved to Rs 29.81 lakh from Rs 68 lakh, while employee benefit expense declined to Rs 1.33 crore from Rs 1.50 crore and other expenses fell to Rs 1.10 crore from Rs 1.62 crore.

The six-month period included an exceptional item of Rs 6,000, compared with Rs 1.51 crore in the prior-year period. Basic and diluted loss per share for the half year was Rs 0.29, compared with Rs 1.46 a year earlier, while paid-up equity share capital stood at Rs 40.74 crore on September 30, 2026.

How did Shree Rajasthan Syntex's financial position change?

Shree Rajasthan Syntex had total assets of Rs 24.38 crore on September 30, 2026, down from Rs 26.14 crore on March 31, 2026. Current assets declined to Rs 4.51 crore from Rs 7.32 crore, including cash and cash equivalents of Rs 1.27 crore compared with Rs 1.71 crore at the March year-end.

Property, plant and equipment increased to Rs 15.04 crore from Rs 14.31 crore, while right-of-use assets rose to Rs 55.46 lakh from Rs 12.21 lakh. Inventories increased to Rs 1.17 crore from Rs 78.71 lakh, whereas trade receivables decreased to Rs 29.46 lakh from Rs 36.55 lakh.

Total equity was Rs 6.26 crore at September 30, compared with Rs 7.60 crore at March 31, with other equity at negative Rs 34.47 crore. Total liabilities fell to Rs 18.11 crore from Rs 18.54 crore, although non-current borrowings increased to Rs 5.32 crore from Rs 5.04 crore and total lease liabilities were Rs 57.56 lakh.

What did Shree Rajasthan Syntex disclose on cash flow and equity-issue funds?

Shree Rajasthan Syntex reported a net operating cash outflow of Rs 54.36 lakh for the half year ended September 30, 2026, compared with an outflow of Rs 2.74 crore in the corresponding 2025 period. Cash generated from operations was negative Rs 54.44 lakh after a pre-tax loss of Rs 1.18 crore and working-capital movements that included a Rs 38.70 lakh increase in inventories.

Investing activities used Rs 23.65 lakh in the 2026 half year, compared with an inflow of Rs 1.59 crore a year earlier. Financing activities generated Rs 34.55 lakh, against Rs 2.05 crore in the prior-year period, leaving net cash and cash-equivalent movement at negative Rs 43.46 lakh from the Rs 1.71 crore opening balance.

Shree Rajasthan Syntex disclosed fresh equity-share issue proceeds of Rs 10.77 crore and reported no unutilised balance at September 30, 2026. The stated objects comprised Rs 2.55 crore for repayment of unsecured inter-corporate loans, Rs 65 lakh for workmen and employee dues, Rs 4.57 crore for working-capital requirements, and Rs 3 crore for capital expenditure including machinery and equipment.

Conclusion

Shree Rajasthan Syntex's September-quarter loss narrowed as revenue increased by Rs 56.19 lakh from a year earlier and several cost lines declined, including finance cost by Rs 24.38 lakh. The half-year figures showed the same direction, with revenue up to Rs 7.92 crore and loss reduced to Rs 1.18 crore, while operating cash flow remained negative Rs 54.36 lakh.

The next disclosed item to watch is the operational use of the Rs 3 crore capital-expenditure allocation for machinery and equipment, alongside subsequent quarterly revenue and finance-cost trends. Shree Rajasthan Syntex identifies textile as its only reportable business segment, so future financial disclosures will continue to reflect that single activity.