Akshar Spintex Q2 FY2027: Net Profit Rs. 30.45 lakhs, Revenue Up 59.75% YoY
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 27 Oct 2026, 07:23 PM IST · BSE ID: a0e3bf73-49f4-4dec-beaf-09b6c65547f0
View Original BSE Filing (PDF)
💡
In Simple Terms
Akshar Spintex's latest financial results show the company made a profit of Rs. 30.45 lakhs this quarter, reversing a previous loss.
🤖 AI Summary
- Akshar Spintex reported a Net Profit of Rs. 30.45 lakhs for the quarter ended September 30, 2026.
- Revenue from Operations increased to Rs. 3,569.05 lakhs in Q2 FY2027, up 59.75% year-over-year.
- Profit before exceptional items and tax was Rs. 56.32 lakhs for Q2 FY2027, compared to a loss of Rs. (159.73) lakhs year-over-year.
- For the half-year ended September 30, 2026, Net Profit was Rs. 90.25 lakhs.
- Total Assets as of September 30, 2026, were Rs. 9,393.16 lakhs.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations (Q2 FY27)
3,569.05 Rs. in lakhs
59.75%
Net Profit (Q2 FY27)
30.45 Rs. in lakhs
Not comparable — limited prior period data.
Total Income (Q2 FY27)
3,633.06 Rs. in lakhs
59.28%
Basic EPS (Q2 FY27)
0.004
Not comparable — limited prior period data.
Total Assets (Sep 30, 2026)
9,393.16 Rs. in lakhs
🏢 How This Affects the Company
Revenue from Operations increasing by 59.75% year-over-year indicates stronger sales and market penetration for its 'Spinning of Cotton Yarn' segment. This growth suggests an expanding operational scale within its single business segment.
The shift from a Net Loss of Rs. (196.82) lakhs in Q2 FY2026 to a Net Profit of Rs. 30.45 lakhs in Q2 FY2027 demonstrates improved profitability. Half-year Net Profit reaching Rs. 90.25 lakhs further reinforces this financial turnaround from a prior loss.
The increase in Revenue from Operations alongside a corresponding rise in the Cost of materials consumed to Rs. 2,717.73 lakhs implies increased production and activity levels. This necessitates efficient management of raw material sourcing and inventory.
The company's improved profitability and reduction in overall liabilities from Rs. 1,490.07 lakhs (Mar 31, 2026) to Rs. 1,214.48 lakhs (Sep 30, 2026) could potentially lower financial risk. However, changes in deferred tax assets and liabilities will require continued monitoring.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, specifically the reported Net Profit of Rs. 30.45 lakhs for Q2 FY2027 and the total comprehensive income of Rs. 32.94 lakhs.
🔍
Management Signal
The Board's approval of the unaudited financial results and their public disclosure signals management's adherence to regulatory requirements and transparency regarding financial performance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY2027 financial results — check for sustained profitability and revenue growth.
Updates on the New Labour Codes implementation and its accounting impact.
Balance sheet changes — monitor current and non-current liabilities.
MEDIUM RISK
While profitability has improved, a quarter-on-quarter decline in Net Profit and total income, alongside decreasing bank balances, warrants monitoring.
💡 Investor Takeaway
Akshar Spintex recorded a Net Profit of Rs. 30.45 lakhs for Q2 FY2027, a turnaround from a Net Loss of Rs. (196.82) lakhs in Q2 FY2026. Revenue from Operations grew 59.75% year-over-year to Rs. 3,569.05 lakhs, indicating strong top-line performance.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit significantly improved to Rs. 30.45 lakhs in Q2 FY2027, reversing a Net Loss of Rs. (196.82) lakhs in Q2 FY2026.
- Revenue from Operations increased by 59.75% year-over-year, reaching Rs. 3,569.05 lakhs in Q2 FY2027 from Rs. 2,234.18 lakhs.
⚠️ Concerns
- Cash & Cash equivalents decreased from Rs. 2.01 lakhs as of March 31, 2026, to Rs. 6.50 lakhs in September 2026 but Bank Balances other than cash & Cash equivalents decreased from Rs. 144.70 lakhs to Rs. 61.21 lakhs.
- Quarter-on-quarter Net Profit decreased from Rs. 59.80 lakhs in Q1 FY2027 to Rs. 30.45 lakhs in Q2 FY2027, while total income declined from Rs. 3,050.62 lakhs to Rs. 3,633.06 lakhs.
📅 Company Track Record
The previous filing for Akshar Spintex on October 27, 2026, also reported Q2 FY2027 Net Profit of Rs. 30.45 lakhs and Revenue up 59.75% YoY, aligning with the current integrated filing.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Akshar Spintex's Net Profit for Q2 FY2027?
Akshar Spintex reported a Net Profit of Rs. 30.45 lakhs for the quarter ended September 30, 2026.
What was the Revenue from Operations for Akshar Spintex in Q2 FY2027?
The Revenue from Operations for Akshar Spintex in Q2 FY2027 was Rs. 3,569.05 lakhs, an increase of 59.75% compared to Q2 FY2026.
What were Akshar Spintex's total assets as of September 30, 2026?
Akshar Spintex's total assets as of September 30, 2026, stood at Rs. 9,393.16 lakhs.
How did Akshar Spintex's half-year financial performance compare to the prior half-year?
For the half-year ended September 30, 2026, Akshar Spintex reported a Net Profit of Rs. 90.25 lakhs, compared to a Net Loss of Rs. (320.47) lakhs for the half-year ended September 30, 2025.
Questions based on this BSE filing only. For information purposes.