Minaxi Textiles registered a standalone net profit of Rs. 0.71 crore (US $ 83,000) for the March 2025 quarter, compared to the net loss of Rs. 1.65 crore (US $ 192,000) in the corresponding quarter of the previous fiscal. However, the company experienced a steep fall in revenue by 29.74 per cent at Rs. 6.19 crore (US $ 723,000) from Rs. 8.81 crore (US $ 1.03 million) in the following quarter of the last fiscal.
For the full year ended March 2025, Minaxi Textiles reported reduced net loss of Rs. 0.53 crore (US $ 62,000), presenting substantial progress over the Rs. 3.11 crore (US $ 363,000) loss recorded in previous fiscal. However, annual sales dropped by 15.78 per cent to Rs. 28.88 crore (US $ 3.37 million) from Rs. 34.29 crore (US $ 4 million) in FY ’24.
The performance indicates a rebound in profitability despite declining sales. In the future, the company should give emphasis to cost optimization and new market opportunities to subsidize revenue streams in the future.
Minaxi Textiles Limited is an India-based textile company, primarily involved in the manufacture of cotton and cotton-blend fabrics. The company is also engaged in weaving synthetic grey fabric for suiting and shirting applications. It supplies uniforms to semi-government bodies and government organisations through tender-based contracts. The company’s product range includes cotton quilts, lycra suiting fabric, satin fabric, and broken twill fabric.
