Akshar Spintex Limited has announced its unaudited standalone financial results for the quarter ended December 31, 2025, during a board meeting held on February 13, 2026. The company reported a total income of ₹192.83 million for Q3 FY2026, marking a decrease of 13.68% compared to the previous quarter (Q2 FY2026) total income of ₹223.40 million. On a year-over-year basis, the total income saw a decline of 25.75% from the corresponding quarter ended December 31, 2024, which stood at ₹259.70 million. The company recorded a net loss of ₹40.52 million in the current quarter, which is a significant increase of 105.69% compared to the loss of ₹19.70 million in the previous quarter. When compared to the same quarter last year (Q3 FY2025), the net loss widened by 73.91% from ₹23.30 million.
| Metric | Current Quarter (Q3 FY26) | Previous Quarter (Q2 FY26) | % Change (QoQ) | Corresponding Qtr Prev. Year (Q3 FY25) | % Change (YoY) |
| Total Income | ₹192.83 Million | ₹223.40 Million | -13.68% | ₹259.70 Million | -25.75% |
| Net Profit / (Loss) | ₹(40.52) Million | ₹(19.70) Million | -105.69% | ₹(23.30) Million | -73.91% |
Akshar Spintex Limited is an Indian-based manufacturer primarily involved in the production of high-quality cotton yarn, including combed, semi-combed, and carded varieties. Established in 2013 and headquartered in Kalavad, Gujarat, the company operates with a specialized focus on 100% natural cotton fibers such as Sankar-6 and MCU-5, catering to both domestic and international markets. Beyond its core textile manufacturing, the company has been diversifying its energy footprint through the installation of solar ground-mounted systems to drive sustainable operational growth. In recent management updates from late 2025 and early 2026, the company appointed Mr. Bhavin Jayantibhai Kothiya as an Additional Independent Director and Ms. Namrata Jagdishbhai Seta as Company Secretary to strengthen its corporate governance.
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