News Details

( As on 13/02/2026 20:00)

Akshar Spintex posts Q3 net loss of Rs 3.80 cr

The company reported standalone net loss during the quarter stood at Rs 3.80 crore as compared to net loss of Rs 2.33 crore in the previous year quarter.

Net revenue of the company rose substantially by 32.27 per cent at Rs 34.35 crore in October-December quarter of this fiscal as against Rs 25.97 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 39.69 per cent to Rs 39.42 crore from Rs 28.22 crore in year ago period.

Other Income grew by 315.38 per cent at Rs 1.62 crore versus (Dec'24 Rs 0.39 crore).

Operating Profit surged by 125.33 per cent to Rs -5.07 crore as against Rs -2.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 70.95 per cent in December quarter.

Interest declined by 64.29 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 64.58 per cent at Rs -1.58 crore (Dec'24 Rs -0.96 crore).