StockWatch
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Garments & Apparels
Quarterly Result5 Aug 2026, 07:11 pm

Meenakshi India Ltd Q1FY27 Net Profit Surges 153% to ₹7.13 Crore

AI Summary

Meenakshi India Limited reported a significant 152.84% year-on-year increase in standalone net profit for the first quarter ended June 30, 2026, reaching ₹7.13 crore, up from ₹2.82 crore in the same period last year. Operating income saw a slight decrease of 3.14% to ₹32.35 crore. The company's operating EBITDA turned positive at ₹1.10 crore, a substantial improvement from a negative ₹0.16 crore in the prior year. This performance was attributed to an increase in other income and a return to positive operating performance in the core garment business, marking a milestone after corrective measures. The company also recently listed on the BSE Main Board.

Key Highlights

  • Net profit surged 152.84% to ₹7.13 crore in Q1FY27.
  • Operating income decreased by 3.14% to ₹32.35 crore.
  • Operating EBITDA turned positive at ₹1.10 crore.
  • Core garment business returned to positive operating performance.
  • Company recently listed on BSE Main Board.