Results - Announcements
Yarn Syndicate Ltd share price rose by 6.06% to Rs 12.77. The Company's net profit tanked by 81.02% to Rs 0.82 crore, while revenue from operations nosedived 38.75% to Rs 0.98 crore in Q3FY26 over Q2FY26.
The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 62195.9 crore, falling 14.56%. It has softened by 3.80% over last one week and slid back by 8.38% in last one month while the market capitalization of Yarn Syndicate Ltd has improved by 9.24% and 9.24% in the same period respectively.
Profit before tax (PBT) of Yarn Syndicate Ltd stood at Rs 0.85 crore in Q3 FY26, tumbling by 75.78% year-on-year, and nosediving by 80.19% quarter-on-quarter. EBITDA came in at Rs 1 crore, plunging by 85.52% YoY and tanking 80.56% sequentially.
Total expenses slumped by 69.04% to Rs 1.83 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 0.0 crore, slumping by 100% YoY, while employee benefits expense was at Rs 0.08 crore, jumping 14.29% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 2.58% to Rs 55.56 crore, while net profit eased 6.86% to Rs 0.95 crore, compared to previous TTM. EBITDA expanded by 18% to Rs 1.97 crore, and PBT saw a marginal contraction of 5.56% to Rs 1.02 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1.15 crore in FY26, as against Rs 5.02 crore in FY25.
Yarn Syndicate Ltd crashed 19.53% in last one year, underperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.