Nahar Spinning Mills Posts Q2 Profit of Rs 71.05 Crore

Profit reached Rs 71.05 crore, reversing a year-ago loss of Rs 4.64 crore.
Revenue grew 16.3% year-over-year to Rs 908.05 crore for the quarter ended September 30, 2026.

Reader Takeaway: Strong revenue growth and bottom-line recovery drive optimism, though sustained margin maintenance remains a key monitorable.

What just happened

Nahar Spinning Mills Ltd released its standalone unaudited financial results for the quarter ended September 30, 2026. The company reported a significant turnaround, achieving a net profit of Rs 71.05 crore. This is a sharp contrast to the net loss of Rs 4.64 crore recorded in the corresponding quarter of the previous year. Total income from operations stood at Rs 908.05 crore, up from Rs 781.00 crore in the same period last year.

Why this matters

The transition from a loss to a profit highlights improved operational efficiency and demand within the textile sector. The basic earnings per share (EPS) for the quarter arrived at Rs 19.69, a major improvement over the negative EPS of Rs 1.29 seen in September 2025. Sequentially, the company maintained steady performance, with profits rising slightly from Rs 69.88 crore in the June 2026 quarter.

Governance and Reporting

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors on October 30, 2026. Statutory auditors have provided an unmodified opinion on the results. The company operates exclusively in the textile segment.

What to track next

Investors should look for signs of consistent margin stability. Given the volatile nature of textile raw material prices, monitoring the ability to pass on costs or maintain operating leverage in subsequent quarters will be essential to sustain the current growth momentum.