Subhash Silk Mills Ltd. has submitted its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹0.44 lakh for the quarter, a decline compared to a profit of ₹9.94 lakh in the previous quarter. Total revenue for the period stood at ₹64.23 lakh. The results were approved by the Board of Directors on August 14, 2026.
Subhash Silk Mills Ltd. Reports Q1 FY27 Unaudited Financials
Subhash Silk Mills Ltd. has officially released its unaudited financial results for the first quarter of the fiscal year 2027, which concluded on June 30, 2026. The company filed these results with the BSE Limited on August 14, 2026.
Financial Performance Highlights
For the quarter ended June 30, 2026, Subhash Silk Mills Ltd. reported a total revenue of ₹64.23 lakh. The company incurred total expenses amounting to ₹64.67 lakh, leading to a net loss before tax of ₹0.44 lakh. After accounting for tax expenses, the net loss for the period was also ₹0.44 lakh.
This performance contrasts with the previous quarter, March 31, 2026, where the company reported a profit of ₹9.94 lakh. The year-on-year comparison for the quarter ended June 30, 2025, also shows a significant difference, with a loss of ₹30.13 lakh reported then.
Key Financial Metrics
- Total Revenue (Q1 FY27): ₹64.23 lakh
- Total Expenses (Q1 FY27): ₹64.67 lakh
- Profit/(Loss) Before Tax (Q1 FY27): (₹0.44 lakh)
- Basic Earnings Per Share (Q1 FY27): ₹0.20
- Diluted Earnings Per Share (Q1 FY27): ₹0.20
Approval and Compliance
The accompanying unaudited financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of Subhash Silk Mills Ltd. during a meeting held on August 14, 2026. The preparation of these results adheres to the Companies (Indian Accounting Standard) Rules, 2015, as prescribed under Section 133 of the Companies Act, 2013.
Furthermore, a Limited Review Report on these quarterly results has been provided by Shabbir & Rita Associates LLP, Chartered Accountants, confirming that nothing has come to their attention that causes them to believe the accompanying statement contains any material misstatement.
Source: BSE