
Quarterly Result13 Aug 2026, 06:44 pm
Alstone Textiles Q1 FY27 Results: Net Loss ₹300.40 Lacs
AI Summary
Alstone Textiles (India) Ltd has submitted its un-audited standalone financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹300.40 Lacs for the period, a significant change from the profit of ₹175.34 Lacs in the previous corresponding quarter. Total income from operations for the quarter stood at ₹16.73 Lacs, down from ₹1,058.67 Lacs in the same period last year. The limited review report by VRSK & Associates noted that the financial results were not prepared in accordance with applicable accounting standards (Ind AS) but did not identify any material misstatements, except for the omission of interest on loans given and taken.
Key Highlights
- Alstone Textiles reports Q1 FY27 net loss of ₹300.40 Lacs.
- Total income from operations decreased to ₹16.73 Lacs.
- Previous year's Q1 saw a profit of ₹175.34 Lacs.
- Auditors noted non-compliance with Ind AS and missing interest details.
Price Impact
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