Sangam India reports mixed performance in Q1, FY26

The financial results for Sangam (India) in Q1, FY26 ending June 30, 2025, present a mixed performance, featuring strong revenue growth alongside a significant decline in profit. The company recorded its highest-ever quarterly revenue of approximately Rs 803 crore during the quarter, marking a 15.0 per cent Y-o-Y increase.

However, the company’s net income declined by about 85.1 per cent Y-o-Y to approximately Rs 2.13 crore. Their Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was approximately Rs 68.71 crore and EBITDA Margin totaled roughly 8.8 per cent.

This decrease in net income, despite the top-line revenue growth, was primarily attributed to higher depreciation and interest expenses and an increase in total expenses for the quarter, which rose by about 17.9 per cent Y-o-Y. According to the company, the revenue growth was fueled by strong volume momentum, robust domestic demand, and effective execution. The company is also expanding their synthetic fabric weaving capacity.