Sri Lakshmi Textiles Q1 Results 2026: Loss at ₹5.52 cr

Q1FY27: net loss widens on lower sales

Sri Lakshmi Saraswathi Textiles reported a wider net loss for the quarter ended June 30, 2026 (Q1FY27), as revenue declined and costs increased. The company posted a net loss of ₹5.52 crore in Q1FY27, compared with a net loss of ₹3.77 crore in Q1FY26. Net sales fell 5.8% year-on-year to ₹20.70 crore from ₹21.98 crore. Total income from operations also moved lower to ₹20.72 crore from ₹22.24 crore in the year-ago quarter. The numbers point to continued pressure on profitability in the yarn manufacturing business.

Revenue and income trend in the quarter

The topline contraction was visible across both net sales and total income from operations. Net sales in Q1FY27 came in at ₹20.70 crore, down from ₹21.98 crore in Q1FY26. Total income from operations was ₹20.72 crore, compared with ₹22.24 crore in the same quarter last year. The reported fall in total income was 6.8% year-on-year. This matters because a lower revenue base increases the difficulty of absorbing fixed and semi-fixed operating costs.

Expenses rise despite lower revenue

While revenue declined, total expenses increased, worsening the operating leverage. Total expenses in Q1FY27 were ₹27.01 crore, up from ₹26.01 crore in Q1FY26, a rise of 3.8%. With income falling and expenses rising, profitability deteriorated sharply. The company’s loss before tax widened to ₹6.29 crore in Q1FY27 from ₹3.77 crore in Q1FY26. The combination of softer sales and higher costs was the key driver of the wider quarterly loss.

Loss before tax and the impact of deferred tax

The company reported a loss before tax of ₹6.29 crore for Q1FY27, compared with a loss before tax of ₹3.77 crore in Q1FY26. A deferred tax benefit of ₹0.77 crore reduced the final reported net loss. After this deferred tax benefit, net loss for the quarter stood at ₹5.52 crore. In the year-ago quarter, net loss was ₹3.77 crore. The gap between the pre-tax loss and the net loss underscores the role of tax adjustments in the reported bottom line.

EPS remains negative

Earnings per share (basic) remained in the red, reflecting the ongoing losses. EPS (basic) for Q1FY27 stood at -16.56, compared with -11.31 in Q1FY26. The larger negative EPS is consistent with the wider net loss reported for the quarter. For investors tracking per-share performance, the quarter showed a clear deterioration year-on-year.

Auditor flags going concern doubts and statutory dues

Statutory auditors raised going concern doubts, citing the company’s financial position. The auditors pointed to accumulated losses of ₹105.14 crore and outstanding statutory dues of ₹1.77 crore. These audit observations are significant because they highlight balance sheet stress beyond a single quarter’s performance. The mention of accumulated losses indicates that losses have persisted over multiple periods. The reference to statutory dues adds another layer of concern around pending obligations.

Stock and trading snapshot (BSE-only)

Sri Lakshmi Saraswathi Textiles (Arni) share price was stated at ₹30.35 at the market close, and the stock is not traded on the NSE. The data also showed “Today: 23.04 - 24.19” and a 52-week range of 23.00 - 51.80. A BSE line in the provided data showed “24.17” with a move of “+1.13 (4.90%)”. The scrip details in the provided information included BSE: 521161, ISIN: INE456D01010, and sector classification: Textiles. The update timestamp shown was Thu 4 Jun, 2026 | 15:15:00.

Recent reported history in the provided dataset

Beyond Q1FY27, the dataset also referenced other loss periods. It stated the company reported a net loss of ₹3.79 crore in the quarter ended March 2026, versus a net loss of ₹4.39 crore in the previous year quarter ended March 2025. It also reported sales of ₹20.76 crore for the quarter ended March 2026, versus ₹26.18 crore in the quarter ended March 2025. For the year ended March 2026, the dataset reported a net loss of ₹15.74 crore versus a net loss of ₹21.32 crore in the year ended March 2025, while sales declined to ₹87.28 crore from ₹99.54 crore. Separately, another data point mentioned a net loss of ₹4.88 crore for Q3FY26 with revenue at ₹21.14 crore.

Key numbers table (converted to ₹ crore)

All lakhs-based figures from the provided results have been converted to ₹ crore for consistency.

Why the quarter matters for investors

The Q1FY27 print combines three signals that investors typically track together: falling revenue, higher expenses, and an audit note on going concern. The topline decline was moderate, but the cost increase meant the loss widened sharply. The auditors’ reference to accumulated losses of ₹105.14 crore adds context to the persistence of losses. Outstanding statutory dues of ₹1.77 crore were also explicitly highlighted by auditors. Separately, the dataset noted that management assured future profitability in relation to the going concern comments.

Conclusion

Sri Lakshmi Saraswathi Textiles’ Q1FY27 results showed a wider net loss of ₹5.52 crore as net sales fell to ₹20.70 crore and total expenses increased to ₹27.01 crore. Auditor observations on going concern, accumulated losses of ₹105.14 crore, and statutory dues of ₹1.77 crore added to the focus on financial stability. The stock information provided indicates the company is traded on BSE and not on NSE, with a stated 52-week range of 23.00 - 51.80. Future updates will likely be tracked around the company’s next earnings-related announcement dates listed in the dataset, including May 27, 2026 and Feb 12, 2026 as prior announcement entries.