Fashion
India’s Nandan Denim’s Q3 FY26 revenue falls to $55.11 mn
Total income for the quarter stood at ₹50,097.36 lakh (~$55.27 million), while total expenses were ₹49,687.45 lakh, resulting in a profit before tax (PBT) of ₹409.91 lakh, against ₹863.20 lakh in Q3 FY25. There were no exceptional items during the period.
Nandan Denim has reported revenue of ₹49,952.72 lakh (~$55.11 million) in Q3 FY26, sharply lower year on year, with net profit at ₹297.29 lakh.
PBT fell to ₹409.91 lakh amid softer income, though finance costs declined.
For nine months, revenue stood at ₹2,33,189.43 lakh, while net profit edged up to ₹2,361.89 lakh.
EPS for the period remained ₹0.16 (not annualised).
After accounting for deferred tax of ₹112.62 lakh, net profit for the quarter came in at ₹297.29 lakh, compared with ₹658 lakh a year earlier. Total comprehensive income for Q3 FY26 stood at ₹295.86 lakh. Basic and diluted earnings per share (EPS), not annualised, were ₹0.02 each (face value ₹1), Nandan Denim said in a press release.
In Q3 FY26, cost of materials consumed was ₹41,120.56 lakh, while employee benefit expenses stood at ₹2,143.65 lakh. Finance costs declined to ₹673.95 lakh from ₹861.91 lakh in Q3 FY25, reflecting lower borrowing costs. Depreciation and amortisation expense was ₹1,165.09 lakh, and other expenses amounted to ₹4,058.27 lakh.
For the nine months (9M), revenue from operations was ₹2,33,189.43 lakh, down from ₹2,49,802.60 lakh in the corresponding period of the previous fiscal. Total income stood at ₹2,33,670.75 lakh, while total expenses were ₹2,30,947.40 lakh.
PBT for 9M period was ₹2,723.35 lakh, compared with ₹3,134.81 lakh in the year-ago period. Net profit for the nine-month period rose marginally to ₹2,361.89 lakh from ₹2,284.90 lakh in the corresponding period of FY25. Total comprehensive income stood at ₹2,374.66 lakh. EPS for the 9M was ₹0.16 per share (not annualised), unchanged from the previous fiscal.
The company’s paid-up equity share capital remained unchanged at ₹14,414.73 lakh.
Fibre2Fashion News Desk (SG)
Woven garment exports witnessed limited decline compared to knitted garment exports. Knitwear exports (Chapter **) declined by *.** per cent to $**.*** billion, compared with $**.*** billion in the same period of fiscal ****–**. Woven apparel exports (Chapter **) eased *.** per cent to $**.*** billion, down from $**.*** billion during July-March ****, EPB data showed.
Home textile exports (Chapter **, excluding ******) showed a marginal decline, decreasing by *.** per cent to $***.** million from $***.** million in the same period of the previous fiscal. Taken together, exports of woven and knitted apparel, clothing accessories, and home textiles accounted for **.** per cent of Bangladesh’s total exports, which stood at $**.*** billion during this period.
The delegation comprises of major India Textile machinery companies spanning Spinning, Weaving, Processing, Dyestuff & Chemicals, Digital Printing, Technical Textiles, Sportstech, Association & Chamber interested in Joint Venture, Exporting, Sourcing, New Product Technology & Networking sectors.
An Indian textile and engineering delegation visiting Indonesia signals a strategic effort to deepen bilateral collaboration.
Bringing together expertise across machinery, chemicals, and technical textiles, the initiative aims to foster joint ventures, sourcing partnerships, and technology exchange, unlocking long-term growth opportunities and strengthening Asia’s integrated textile value chain.
The Indian Textile & Textile Engineering Business Delegation will be available for interaction & meeting on Monday April 13, from 2.30 pm to 3.30 pm at Orchid 1, Four Points by Sheraton, Bandung.
It is a complimentary meeting & interested Textile Industry member from all streams & Countries can register via Google form.
Indonesia’s strong textile manufacturing base and export capabilities complement India’s engineering and technology power, strategically has the potential & unlimited opportunities to strengthen the bilateral trade between India & Indonesia.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (MS)
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