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Cravatex Ltd consolidated sales down 18.45% on year in Q2FY2026, net profit plunged by 72.50%
15-Aug-2026, 06:48
Cravatex Ltd share price ticked higher by 1.05% to Rs 348.0. The Company's net profit tumbled by 72.50% to Rs 0.44 crore, while revenue from operations declined 18.45% to Rs 32.22 crore in Q2FY26 over Q1FY26. The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 49691.37 crore, dropping 11.88%. It has slipped by 1.81% over last one week and soared by 23.48% in last one month while the market capitalization of Cravatex Ltd has marginally improved by 0.13% and 2.97% in the same period respectively. Profit before tax (PBT) of Cravatex Ltd stood at Rs 0.67 crore in Q2 FY26, tanking 149.26% year-on-year, and crashing by 70.09% quarter-on-quarter. EBITDA came in at Rs 8 crore, plunging by 32.18% YoY and jumping 96.67% sequentially. Total expenses dropped by 11.36% to Rs 35.88 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 7.41 crore, collapsing by 27.99% YoY. For the TTM ended FY26, revenue from operations declined by 13.17% to Rs 150.87 crore, while net profit surged by 40.79% to Rs 6.8 crore, compared to previous TTM. EBITDA saw a sharp decline of 1261% to Rs 23.2 crore, and PBT jumped 34.69% to Rs 8.58 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1.27 crore in FY26, as against Rs 2.99 crore in FY25. Cravatex Ltd crashed 23.85% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.21% during the same period.