Saturday, 14 Nov 2026 Breaking: Odisha distributes housing benefits to 5 lakh beneficiaries, launches 248 projects worth Rs 911 crore in Balangir
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

A B Cotspin India Ltd. Reports Strong Q1 FY27 Performance with 52.89% Revenue Growth and 20.93% PAT Growth YoY

A B Cotspin India Ltd. Reports Strong Q1 FY27 Performance with 52.89% Revenue Growth and 20.93% PAT Growth YoY

PNN
New Delhi [India], August 19: A B Cotspin India Ltd. (NSE: ABCOTS | BSE: 544522), a leading textile manufacturer with over 25 years of industry expertise, has announced its Unaudited Standalone Financial Results for the quarter ended June 30, 2026.
The Company delivered strong year-on-year growth during Q1 FY27, led by a significant increase in revenue and continued growth in absolute profitability.
Key Financial Highlights
Total Revenue
Q1 FY27 - ₹101.98 Cr
Q1 FY26 - ₹66.70 Cr
YoY Change - 52.89%
Profit Before Tax
Q1 FY27 - ₹6.84 Cr
Q1 FY26 - ₹5.80 Cr
YoY Change - 17.79%
Net Profit
Q1 FY27 - ₹5.10 Cr
Q1 FY26 - ₹4.22 Cr
YoY Change - 20.93%
Diluted EPS
Q1 FY27 - ₹ 2.32
Q1 FY26 - ₹ 1.93
YoY Change - 20.21%
Strong Revenue Growth
Total revenue for Q1 FY27 stood at ₹101.98 crore, compared with ₹66.70 crore in Q1 FY26, registering a 52.89% year-on-year growth.
Continued Growth in Profitability
Profit Before Tax increased to ₹6.84 crore from ₹5.80 crore, representing growth of 17.79%. Net Profit rose to ₹5.10 crore, compared with ₹4.22 crore in the corresponding quarter of the previous year, registering 20.93% growth.
Diluted EPS improved to ₹2.32 from ₹1.93 in Q1 FY26.
While margins moderated during the quarter, with Net Profit Margin at 5.00% versus 6.33% and PBT Margin at 6.71% versus 8.70%, the Company continued to deliver year-on-year growth in absolute profitability.
Management Outlook
A B Cotspin India Ltd. remains focused on executing its growth strategy, strengthening operational performance and creating sustainable long-term value for its stakeholders.
For FY2026-27, the Company has earlier guided towards Total Revenue of approximately ₹350-400 crore and EBITDA of ₹50-60 crore.
The Company continues to focus on quality, operational discipline and sustainable manufacturing while working towards consistent growth and long-term value creation for shareholders.
About A B Cotspin India Ltd.
A B Cotspin India Ltd. is a textile manufacturing company with over 25 years of industry expertise, committed to quality, operational discipline and sustainable manufacturing.
NSE Symbol: ABCOTS, BSE Scrip Code: 544522
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

Tags

Related News

Nvidia risks losing critical supply chain deals without Jensen Huang, warns Elon Musk
Business
Nvidia risks losing critical supply chain deals without Jensen Huang, warns Elon Musk

<p>New Delhi [India], November 14 (ANI): Tesla and SpaceX CEO Elon Musk has warned that Nvidia could lose some of its cr...

CCI approves Advent International-backed firm's stake acquisition in Yatharth Hospitals
Business
CCI approves Advent International-backed firm's stake acquisition in Yatharth Hospitals

<p>New Delhi [India], November 14 (ANI): The Competition Commission of India (CCI) on Saturday approved the acquisition...

India must develop its own semiconductor manufacturing machines, precision components: Ashwini Vaishnaw
Business
India must develop its own semiconductor manufacturing machines, precision components: Ashwini Vaishnaw

<p>New Delhi [India], November 14 (ANI): Union Minister for Electronics and Information Technology Ashwini Vaishnaw on S...

Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog report
Business
Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog report

<p>New Delhi [India], November 14 (ANI): India's Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (A...

Merck Foundation CEO: Transforming Diabetes Care, One Blue Point at a Time
Business
Merck Foundation CEO: Transforming Diabetes Care, One Blue Point at a Time

<p>BusinessWire India<br/>Accra [Ghana]/ Mumbai (Maharashtra) [India], November 14: On World Diabetes Day 2026, Senator...

‘Parampara’: Timeless Wisdom of the Vedas and India’s Living Traditions. Book by Pavan Kaushik
Business
‘Parampara’: Timeless Wisdom of the Vedas and India’s Living Traditions. Book by Pavan Kaushik

<p>VMPL<br/>New Delhi [India], November 14: Why do we tie a thread around our wrist? What is the significance of applyin...