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EARNINGS NEGATIVE 7/10
Salona Cotspin Q3 Net Profit Plummets 79% YoY to ₹32.8 Lakhs
Salona Cotspin Limited reported a significant decline in profitability for the quarter ended December 31, 2025. While revenue from operations remained relatively stable at ₹155.49 crore compared to ₹158.29 crore YoY, net profit crashed by 79.3% to just ₹32.83 lakhs. The company is struggling with margin compression as total expenditure remained high relative to stagnant revenue growth, and finance costs continue to weigh on the bottom line.
Key Highlights
Net Profit for Q3 FY26 fell sharply to ₹32.83 lakhs from ₹158.43 lakhs in the same quarter last year. Revenue from operations saw a marginal year-on-year decline of 1.77%, standing at ₹155.49 crore. For the nine-month period ended Dec 2025, net profit dropped to ₹2.93 crore from ₹6.05 crore in the previous year. Finance costs for the quarter stood at ₹4.68 crore, significantly impacting the net margins. Earnings Per Share (EPS) for the quarter eroded to ₹0.62 from ₹3.01 in Q3 FY25.
💼 Action for Investors Investors should exercise caution as the company's profitability is under severe pressure despite stable revenues. It is advisable to monitor the management's commentary on rising operational costs and debt reduction plans.
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