Loyal Textile Mills significantly narrows Q1FY’27 net loss

Date:

In the first fiscal quarter ending June 30, 2026, Loyal Textile Mills significantly narrowed its net loss over the same period of the first quarter of earlier fiscal.

In the April to June quarter, net loss at Loyal Textile Mills stood at Rs 1.50 crore compared to net loss of Rs 17.01 crore in a year ago quarter.

Revenue in the reporting period stood at Rs 86.20 crore, marking a decline of 36.9% as against Rs 131.18 crore in the same quarter of fiscal 2025-26

Earnings per share in the quarter under review stood also lowered drastically at Rs -3.11 compared to Rs -35.32 in the corresponding quarter of the previous fiscal.

Loyal Textile Mills is a vertically integrated textile manufacturing company spanning ginning to garmenting.

Bhargav Pathak
Bhargav Pathakhttps://textilesresources.com
With a passion for the textile, apparel, and fashion industry, I embarked on a journey fueled by education from NIFT Gandhinagar and affiliation with NDBI at NID Ahmedabad. Since 2006, I've contributed to various corporate ventures, specializing in B2B, B2C, SaaS, and AI products within the textile domain. In July 2023, I launched TextilesResources.com, a knowledge hub offering the latest news, articles, and soon-to-come features like interviews and a trade fair calendar. Grateful for the growing community, we've recently introduced a Business Directory for enhanced visibility. Join us on LinkedIn and stay connected with the ever-evolving textile landscape!

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