Shri Dinesh Mills Q1 FY27 Profit Rises 552.3% QoQ Gain

June quarter results show a sharp sequential profit change

Shri Dinesh Mills Ltd reported a substantial sequential improvement in profit for the quarter ended June 30, 2026, the first quarter of FY2026-27. Results filed for the period show revenue of ₹18.06 crore and net profit of ₹7.24 crore. This compares with revenue of ₹18.85 crore and net profit of ₹1.11 crore in the March 2026 quarter. Revenue declined 4.2% quarter on quarter, while net profit increased 552.3% on the same basis. The company’s reported operating margin also improved sharply from 6.61% in March 2026 to 52.49% in June 2026. Net profit margin rose from 5.90% to 40.09% over the same comparison.

Operating performance improved from the March quarter

The quarterly financial table provides another view of the June 2026 operating performance. It records sales of ₹18.13 crore, expenses of ₹15.26 crore and operating profit of ₹2.87 crore. Operating profit was negative at ₹0.72 crore in the March 2026 quarter, when expenses of ₹19.57 crore exceeded sales of ₹18.85 crore. Accordingly, operating profit margin moved from negative 3.82% in March to 15.83% in June. Interest expense was ₹0.16 crore during the June quarter, while depreciation stood at ₹0.67 crore. Profit before tax increased to ₹8.88 crore from a loss before tax of ₹1.35 crore in the preceding quarter.

Other income was significant in June 2026

Other income reported in the June 2026 quarterly table was ₹6.84 crore. This was materially higher than ₹0.28 crore in the March 2026 quarter. The difference between operating profit of ₹2.87 crore and profit before tax of ₹8.88 crore reflects the importance of this other income in the period. Investors assessing the quarter can therefore distinguish between the improvement in core operating profit and the contribution from non-operating income. The available data does not provide a detailed break-up of other income. It also does not provide segment-level revenue or profitability for the textile and pharmaceuticals businesses. Any assessment of recurring earnings would require those details in future disclosures.

Reported figures differ across supplied data summaries

The supplied information contains differing June 2026 figures across data summaries. One quarterly table shows sales of ₹18.13 crore and net profit of ₹7.47 crore. The results-as-filed table shows revenue of ₹18.06 crore and net profit of ₹7.24 crore. A separate financial-highlight summary states revenue of ₹24.70 crore and profit of ₹7.47 crore for Q1 FY2026-27, while another line in that summary lists revenue at ₹18.13 crore. This article uses the results-as-filed figures for the principal quarter-on-quarter comparison because that table also provides the stated percentage changes. The differences make the company’s formal quarterly result documents important reference points for investors.

Key reported financial data

FY2025-26 provides the annual context

For FY2025-26, the results-as-filed summary reports revenue of ₹67.33 crore and net profit of ₹8.71 crore. Operating margin for the full year was 19.72%, while net profit margin was 12.94%. Earnings per share for the year stood at ₹15.56. The company’s June quarter EPS was ₹12.93, compared with ₹1.98 in the March quarter. The June quarterly outcome should be read alongside the annual figures because the available data shows considerable variation in quarterly operating profit and other income. The profile information also gives revenue of ₹66.08 crore after converting the stated ₹660.77 million into crore units.

Textile and pharmaceuticals form the business base

Shri Dinesh Mills is a Vadodara-headquartered holding company founded on July 1, 1935. It operates through textile and pharmaceuticals segments. The textile segment includes felts, with products including press felts, dryer screens, and fibre and asbestos felts. The pharmaceuticals segment focuses on empty hard gelatin capsules. The company also describes its activities as including woollen and worsted fabrics and paper makers felt. Its profile lists 247 employees and Bharatbhai U Patel as chairperson. Shri Dinesh Mills was listed on May 10, 1995.

Board meeting scheduled for Q2 and half-year results

On October 18, Shri Dinesh Mills announced that its board would meet on October 26, 2026. The stated agenda is approval of unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company also said its trading window was closed in connection with the meeting. The scheduled results will provide the next reported update after the June quarter. They may also offer additional context on the operating trend, other income and segment performance, subject to the disclosures made by the company.

Audit opinion covers the FY2025-26 statements

The supplied audit report relates to the standalone financial statements for the year ended March 31, 2026. The auditor stated that the financial statements gave the information required under the Companies Act, 2013 and presented a true and fair view in conformity with applicable Indian Accounting Standards. The audit was conducted under Standards on Auditing specified under Section 143(10) of the Act. This opinion relates to the audited annual standalone statements, rather than the unaudited June 2026 quarterly results. The upcoming board meeting concerns unaudited Q2 and half-year financial statements.

What the next disclosure will clarify

The June quarter showed lower revenue than the March quarter but a marked improvement in reported profit and margins. Available figures indicate that higher other income was an important part of the change in profit before tax. The next set of unaudited results is scheduled for board consideration on October 26, 2026. Investors will be able to compare the September quarter and first-half figures with the June results once the company releases them. Until then, the reported June quarter remains the latest operating and financial reference provided in the available information.