Swadeshi Polytex FY26 Profit Surges to ₹417.57 Lakhs

Swadeshi Polytex Nearly Doubles FY26 Profit

Swadeshi Polytex Limited has announced a profit after tax of ₹417.57 Lakhs for the financial year ended March 31, 2026. This marks a substantial increase from the ₹227.59 Lakhs reported in the prior year.

The company’s total income for FY26 reached ₹797.58 Lakhs, up from ₹760.76 Lakhs, primarily driven by a surge in other income, which stood at ₹796.20 Lakhs. Revenue from operations remained low at ₹1.38 Lakhs.

Key Financial Highlights

• Profit after tax: ₹417.57 Lakhs (FY26) vs. ₹227.59 Lakhs (FY25)
• Total income: ₹797.58 Lakhs (FY26) vs. ₹760.76 Lakhs (FY25)
• Profit before tax from continuing operations: ₹506.04 Lakhs (FY26) vs. ₹346.28 Lakhs (FY25)
• Total expenditure decreased to ₹291.54 Lakhs from ₹414.48 Lakhs.
• The Board has decided against recommending any dividend for FY26 to conserve financial resources.

Strategic Focus and Future Outlook

Swadeshi Polytex continues its focus on real estate development and allied business activities. The company is actively exploring new projects and investment opportunities within the sector to strengthen its operational base and enhance future revenue potential.

Significant investments were made in mutual funds, with ₹10 Crore each allocated to Kotak Equity Arbitrage Fund, SBI Arbitrage Opportunities Fund, ICICI Prudential Equity Arbitrage Fund, and HDFC Arbitrage Fund.

Governance and Board Update

Mr. Gaurav Swarup and Mr. Ashutosh Gupta are due to retire by rotation at the upcoming Annual General Meeting and have offered themselves for re-appointment. The Board comprises eight members, including four Independent Directors. M/s. SANMARK & Associates, Chartered Accountants, have been appointed as Statutory Auditors for a five-year term.