S P Apparels' Q1 FY 2026-27 Quarterly Results

Result Summary

• S P Apparels Ltd reported a 9.7% 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 0.1%.
• Its expenses for the quarter were up by 7.8% QoQ and down 1.5% YoY.
• The net profit increased 33.9% QoQ and increased 20.4% YoY.
• The earnings per share (EPS) of S P Apparels Ltd stood at 9.86 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

S P Apparels Ltd is a prominent player in the apparel manufacturing sector, primarily engaged in the production and export of knitted garments for infants and children. The company operates in the textile industry, focusing on delivering a range of quality garments to esteemed international clients. S P Apparels Ltd is known for its manufacturing capabilities, which include state-of-the-art facilities and a skilled workforce, allowing it to meet the stringent quality standards required by its clients. As of the latest update, no major recent developments have been highlighted concerning the company's operations or strategic direction.

Revenue

During the first quarter of the fiscal year 2027 (Q1FY27), S P Apparels Ltd reported a total income of ₹404.63 crores. This figure represents a 9.7% increase quarter-over-quarter (QoQ) from ₹368.71 crores in the fourth quarter of fiscal year 2026 (Q4FY26). However, when compared year-over-year (YoY) to the first quarter of fiscal year 2026 (Q1FY26), where total income was ₹405.07 crores, there is a slight decrease of 0.1%. The data reflects a robust quarterly growth in total income, indicating substantial business activity over the recent quarter compared to the last quarter of the previous fiscal year.

Profitability

In Q1FY27, S P Apparels Ltd's profit before tax (PBT) amounted to ₹36.82 crores, marking a significant QoQ increase of 33.9% from ₹27.50 crores in Q4FY26. The PBT also shows a YoY increase of 17.0% compared to ₹31.48 crores in Q1FY26. The tax expense for Q1FY27 was ₹10.98 crores, reflecting a 40.1% QoQ increase from ₹7.84 crores in Q4FY26 and an 8.5% YoY increase from ₹10.12 crores in Q1FY26. The profit after tax (PAT) stood at ₹24.88 crores in Q1FY27, which is a 33.9% QoQ increase from ₹18.58 crores in Q4FY26 and a 20.4% YoY increase from ₹20.66 crores in Q1FY26. The earnings per share (EPS) for the quarter was ₹9.86, demonstrating a 33.6% QoQ increase from ₹7.38 in Q4FY26 and a 20.2% YoY increase from ₹8.20 in Q1FY26.

Operating Metrics

The total expenses for S P Apparels Ltd in Q1FY27 were recorded at ₹367.81 crores, showing a 7.8% increase QoQ from ₹341.21 crores in Q4FY26. In comparison to Q1FY26, where expenses were ₹373.58 crores, there is a decrease of 1.5% YoY. This financial data highlights the company's cost management practices despite an increase in total income QoQ. The performance in this quarter, in terms of expenses, indicates effective operational management to support profitability growth compared to the previous periods.