Loyal Textile Mills registers 32.8% revenue decline in FY26
...Loyal Textile Mills registered 32.8 per cent decline in operational revenue to Rs 421.96 crore in FY26. This decline was mainly due to a deliberate corporate strategy to phase out low-margin products. During its 80th Annual General Meeting, the management reported annual net losses grew to Rs 66.21 crore, impacted by inventory revaluation and capacity realignment costs.
Despite top-line pressures, aggressive operational streamlining successfully narrowed EBITDA losses to Rs 4.35 crore compared to Rs 34.05 crore in the previous fiscal. Analysts opines, while short-term volume dip across yarn and woven fabric output remain inevitable during deep corporate turnarounds, proactive asset rationalization positions legacy manufacturers to capture higher-value market segments as global demand stabilizes.
A prominent regional textile manufacturer and exporter, Loyal Textile Mills specializes in spinning, woven fabrics, and garments for global markets. The company is focusing on operational modernization, export expansion, and sustainable product portfolios, building upon decades of deep industrial heritage originating from colonial-era manufacturing roots.