S.P. Apparels Ltd

• Approved Q2 FY26 standalone & consolidated results with significant YoY growth. • Total revenue grew 10.3% consolidated, 18.4% standalone YoY. • Profit after tax rose 58.3% consolidated, 51.4% standalone YoY. • Approval to initiate postal ballot and appoint scrutinizer for voting.

📝 Overview of Financial Results Approval

• The board approved the unaudited standalone and consolidated financial results for quarter ended September 30, 2025.
• Results were reviewed by statutory auditors with limited review reports issued.

📈 Key Financial Highlights (Consolidated Basis)

• Total revenue for Q2 FY26 was Rs. 4,341.4 million, up 10.3% from Rs. 3,936.8 million in Q2 FY25.
• EBITDA increased by 35.3% to Rs. 704.5 million from Rs. 520.7 million.
• Profit after tax (PAT) rose 58.3% to Rs. 347.0 million from Rs. 219.2 million.
• Earnings per share (EPS) increased to Rs. 13.8 from Rs. 8.7.

📈 Key Financial Highlights (Standalone Basis)

• Adjusted total revenue grew 18.4% to Rs. 3,048.7 million from Rs. 2,575.1 million.
• Adjusted EBITDA increased 23.6% to Rs. 543.5 million from Rs. 439.9 million.
• PAT improved 51.4% to Rs. 273.0 million from Rs. 180.3 million.
• EPS rose to Rs. 10.9 from Rs. 7.2.

🏷 Segment Performance

• Garment division revenue Rs. 3,892.1 million with EBITDA Rs. 665.5 million (17.1% margin).
• Retail Ventures and UK entities contributed smaller revenues and EBITDA.
• Export sales volume increased to 18.9 million pieces from 15.3 million year-over-year.

📮 Corporate Governance Updates

• Board approved issuing a notice for conducting postal ballot with remote e-voting facility.
• Appointed MDS & Associates as scrutinizer for vote scrutiny.
• Set record date for shareholders eligible to vote as November 21, 2025.

📊 Financial Position and Cash Flows

• Total assets stood at Rs. 13,440.40 million as of September 30, 2025.
• Net cash from operating activities was Rs. 990.89 million for half year ended Sep 30, 2025.
• Company continues investment in capital expenditure and loan advances.

🔍 Investor Takeaway

• The financial results suggest growth in revenue and profitability compared to previous year.
• Corporate actions for postal ballot indicate upcoming decisions requiring shareholder voting.

Note: The data is from unaudited but auditor-reviewed quarterly and half-year financials and board decisions as per regulatory requirements.