Coimbatore-headquartered Ambika Cotton Mills Ltd, a manufacturer of cotton yarn and knitted fabrics, turned in a strong set of numbers for the second quarter of fiscal 2027.
Turnover climbed to Rs 264.98 crore, against Rs 191.98 crore in the same period of the previous year, an increase of 38.02%.
Mill-floor demand for yarn and knitwear appears to be gathering pace, buoyed by a rebound in home-market consumption alongside fresh openings in overseas markets.
In the three months to September 30, 2026, operating profit advanced 51.36% to Rs 40.76 crore, from Rs 26.93 crore a year ago.
Excluding other income, operating margin settled at 15.38%: ten basis points above the 15.28% logged in the previous quarter and a hefty 201 basis points wider than the 13.37% recorded in a year ago quarter.
On a standalone basis, net profit in the reporting quarter surged 68.84% to Rs 26.88 crore, up from Rs 15.92 crore.
Net margin widened to 10.1% against 8.3% in the prior-year quarter, moving in step with the gains in sales and earnings.
Earnings per share hit Rs 46.91, the best quarterly figure the company has posted in recent memory.
