India’s Nandan Denim’s Q3 FY26 revenue falls to $55.11 mn



India’s denim fabric maker Nandan Denim Limited has reported revenue from operations of ₹49,952.72 lakh (~$55.11 million) in the third quarter (Q3) of fiscal 2026 (FY26) ended December 31, 2025, compared with ₹92,615.23 lakh in the corresponding quarter of last fiscal and ₹78,468.97 lakh in Q2 FY26.

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)



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