Ashnoor Textile Mills News

Ashnoor Textile Mills Reports Q2 Financial Results with Revenue of Rs 17.84 Crores

Ashnoor Textile Mills Limited filed its quarterly financial results for the second quarter and half-year ended September 30, 2025. The company reported revenue from operations of Rs 17.84 crores for the quarter ended September 30, 2025, compared to Rs 7.70 crores in the previous quarter ended June 30, 2025. The company's total assets stood at Rs 15,599.26 lakhs as of September 30, 2025, down from Rs 16,695.49 lakhs in the previous period. Current liabilities decreased to Rs 5,408.26 lakhs from Rs 6,725.99 lakhs. The company operates solely in the terry towel business segment. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 12, 2025, with a limited audit review conducted by statutory auditors.

Ashnoor Textile Mills Wins Consumer Court Case Against Oriental Insurance, Awarded INR 38.76 Lakhs Plus Interest

Ashnoor Textile Mills Limited received a favorable order from the District Consumer Disputes Redressal Commission-IV, New Delhi, in a case against Oriental Insurance Company Limited. The company had filed for a balance claim and interest on INR 80 Lakhs. The Commission ordered Oriental Insurance to pay INR 3,110,117 with 7% annual interest from the claim date, INR 566,376 with 7% annual interest from December 26, 2016 (representing surveyor fees paid by the company), 7% annual interest on disbursed amounts for delays from November 1, 2016 to March 31, 2018, and INR 200,000 toward litigation costs. The company received the order on October 17, 2025.

Ashnoor Textile Mills Reports 206% Jump in Quarterly Profit to Rs 463.90 Lakhs

Ashnoor Textile Mills Limited reported a profit of Rs 463.90 lakhs for the quarter ended June 30, 2025, compared to Rs 151.84 lakhs in the previous quarter ended March 31, 2025. Revenue from operations declined to Rs 3,984.02 lakhs from Rs 4,114.80 lakhs in the preceding quarter. The company's basic and diluted earnings per share stood at Rs 2.91 for the quarter. The textile manufacturer operates solely in the terry towel business segment. The company reported no defaults on loans during the period and has not issued any debt securities. The quarterly results were reviewed by the audit committee and approved by the board of directors.