Le Merite Exports' Q1 FY 2026-27 Quarterly Results

Result Summary

• Le Merite Exports Ltd reported a 22.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 16.3%.
• Its expenses for the quarter were up by 30.8% QoQ and down 7.3% YoY.
• The net profit decreased 625.3% QoQ and decreased 210.7% YoY.
• The earnings per share (EPS) of Le Merite Exports Ltd declined at 0.35 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Le Merite Exports Ltd operates in the textile and apparel industry, focusing primarily on the export of high-quality textile products. The company is known for its diverse range of offerings, which include yarn, fabrics, and ready-made garments. As of the most recent updates, there have been no major public developments or significant strategic shifts reported for Le Merite Exports Ltd. The company continues to focus on expanding its market presence and optimizing its production capabilities to cater to international markets.

Revenue

In Q1FY27, Le Merite Exports Ltd reported a total income of ₹95.71 crores. This represents a significant quarter-over-quarter (QoQ) increase of 22.1% from Q4FY26, where the total income was ₹78.41 crores. However, when compared year-over-year (YoY) to Q1FY26, there is a decline of 16.3% from ₹114.38 crores. These fluctuations reflect changes in market conditions, demand for the company's products, or both. The data suggests that while the company experienced growth in the recent quarter, it saw a decrease when compared to the same quarter in the previous year.

Profitability

Le Merite Exports Ltd's profitability metrics for Q1FY27 indicate a challenging quarter. The company reported a loss before tax of ₹5.42 crores, a significant decline from a profit before tax of ₹1.09 crores in Q4FY26 and ₹5.30 crores in Q1FY26. This marks a QoQ decline of 597.2% and a YoY decline of 202.3%. The profit after tax for Q1FY27 was a loss of ₹4.57 crores, compared to a profit of ₹0.87 crores in Q4FY26 and ₹4.13 crores in Q1FY26, reflecting a QoQ decline of 625.3% and a YoY decline of 210.7%. These figures highlight a period of reduced profitability for Le Merite Exports Ltd.

Operating Metrics

The total expenses for Le Merite Exports Ltd in Q1FY27 were ₹101.12 crores, which is a 30.8% increase from Q4FY26's expenses of ₹77.32 crores, but a 7.3% decrease from ₹109.08 crores in Q1FY26. The tax expenses for Q1FY27 showed a negative value of ₹0.84 crores, compared to a positive ₹0.22 crores in Q4FY26 and ₹1.17 crores in Q1FY26, indicating a reduction in tax outlays on a quarterly and yearly basis. Earnings per share (EPS) for Q1FY27 were negative at ₹-0.35, a decrease from ₹0.34 in Q4FY26, with no comparative YoY data available for Q1FY26. These operating metrics illustrate the financial dynamics and challenges the company faced during the quarter.