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)
Fast fashion faces a dual squeeze from longer transit times and rising input costs, weakening both speed and affordability.
Supply chain bottlenecks are creating a mismatch: inventory is piling up at origin while destination markets remain understocked.
Shipping delays are eroding seasonal relevance, which may force retailers to discount higher-margin products that miss peak selling windows.
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