United Textiles Limited reported a net loss of Rs. 234.30 crore (US $25.77 million) for the financial year ended 31 March 2026, compared with a net profit of Rs. 2.01 crore (US $212,000) in the previous financial year, as a sharp decline in revenue weighed heavily on the company’s performance.
Revenue from operations fell to Rs. 418.89 crore (US $46.08 million) in FY ’26 from Rs. 1,030.10 crore (US $113.31 million) in FY ’25, reflecting significant operational challenges during the year. The company’s total comprehensive income also turned negative, recording a loss of Rs. 229.99 crore (US $25.30 million) compared with a total comprehensive income of Rs. 2.69 crore (US $283,000) in the preceding year.
Total expenses during the year stood at Rs. 739.88 crore (US $81.39 million), down from Rs. 1,028.62 crore (US $113.15 million) in FY ’25. However, higher finance costs and the steep contraction in revenue impacted profitability. Finance costs increased to Rs. 69.68 crore (US $7.66 million) from Rs. 62.50 crore (US $6.88 million) a year earlier, while depreciation and amortisation expenses declined to Rs. 100.40 crore (US $11.04 million) from Rs. 118.86 crore (US $13.07 million).
The company reported a loss before tax of Rs. 315.85 crore (US $34.74 million) for FY ’26, compared with a profit before tax of Rs. 2.19 crore (US $230,000) in FY ’25.
For the fourth quarter ended 31st March 2026, United Textiles reported a net loss of Rs. 175.92 crore (US $19.35 million) on total revenue of Rs. 2.98 crore (US $313,000). In the corresponding quarter of the previous year, the company had posted a net loss of Rs. 1.16 crore (US $122,000) on total revenue of Rs. 170.60 crore (US $18.77 million).
The sharp deterioration in quarterly performance was primarily driven by negative revenue from operations of Rs. 64 lakh (US $70,000) during the quarter, resulting in a substantial decline in overall revenue and widening losses.
United Textiles Limited is an India-based textile manufacturer engaged in the production of yarns and textile products. The company operates across various segments of the textile value chain and caters to domestic as well as export markets. It has traditionally maintained a presence in spinning and related textile operations, serving customers across multiple industry segments.
