Shree Ram Twistex Limited reported strong growth for the quarter ended September 30, 2026, with revenue rising to Rs 136.04 crore and net profit reaching Rs 4.66 crore. The company also announced strategic reallocations of its IPO proceeds, including debt repayment and expanded machinery investment.
Shree Ram Twistex Q2 Performance and Strategic Updates
Revenue: Rs 136.04 crore | Net Profit: Rs 4.66 crore
Reader Takeaway: Strong top-line growth is offset by significant shifts in project capital allocation and debt repayment strategies.
What just happened
Shree Ram Twistex Limited released its standalone financial results for the quarter ended September 30, 2026. The company saw significant sequential improvement, with revenue rising from Rs 92.72 crore in the previous quarter to Rs 136.04 crore. Net profit for the same period increased from Rs 3.61 crore to Rs 4.66 crore, resulting in an EPS of Rs 1.54.
Why this matters
The company’s ability to grow both revenue and profit sequentially highlights operational momentum. Investors should note the formalization of IPO fund reallocations, which were approved by shareholders in June 2026 to reflect changing business strategies.
Strategic Reallocations
Following shareholder approval, the company adjusted its IPO proceeds as follows:
- Wind Power Project: Allocation reduced from Rs 39 crore to Rs 25.11 crore following a shift to a single 3.1 MW turbine installation.
- Expansion: Rs 5.26 crore is now designated for new machinery.
- Debt Management: Rs 8.63 crore has been redirected toward the repayment of existing bank loans to strengthen the balance sheet.
Governance and Audit
The financial results received an unmodified review report from statutory auditors Doshi Doshi & Co. The board finalized these figures during their meeting held on October 20, 2026.