Acknit Industries Limited reported a net profit of Rs. 8.18 crore (US $850,000) for the financial year ended 31st March 2026, compared to Rs. 9 crore (US $935,000) recorded in the previous financial year, despite maintaining stable revenues during the period.
Revenue from operations for FY26 stood at Rs. 240.43 crore (US $25 million), marginally higher than Rs. 240.37 crore (US $24.99 million) reported in FY25, reflecting relatively steady business performance amid ongoing expansion activities.
For the quarter ended 31st March 2026, the company posted a net profit of Rs. 3.61 crore (US $375,000) on revenue of Rs. 66.88 crore (US $6.95 million).
Acknit Industries also reported an increase in EBITDA, which rose 8.29% to Rs. 6.53 crore (US $678,000) during the March 2026 quarter, compared to Rs. 6.03 crore (US $626,000) recorded in the corresponding quarter of the previous year.
The company’s Board approved the re-appointment of Rajarshi Ghosh as an Independent Director for a second term of five years with effect from 30th June 2026, subject to shareholder approval.
Acknit Industries also provided updates on its ongoing expansion plans. The company stated that trial production had commenced at its new garment manufacturing facility in Kolkata, with 50% capacity utilisation expected from September 2026.
In addition, commercial production of helmets has commenced, while trial production for personal protective equipment (PPE) and hand gloves has also begun at the company’s Falta III expansion facilities.
Acknit Industries Limited is engaged in the manufacturing of industrial safety products, and industrial garments. The company’s product portfolio includes industrial hand gloves, PPE products, safety helmets, leather gloves, and industrial garments and workwear.
Bharat Tex Special Report 2026 
