Le Merite Exports LimitedQ1 FY27 Results & Financial Update

Le Merite Exports Limited: Q1 FY27 consolidated results and company financials – revenue ₹89.75 Cr, PAT ₹-4.58 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: LEMERITEPublished 20 Oct 2026Updated 20 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹89.75 CrReported Q1 FY27
Profit after tax₹-4.58 CrReported Q1 FY27
EPS₹0.35Reported Q1 FY27

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Quarterly Results AnalysisExplore Le Merite Exports Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

During the quarter ended 30 June 2026 (Q1 FY27), Le Merite Exports reported consolidated revenue from operations of INR 89.75 crore, supported by total income of INR 95.71 crore which includes other income of INR 5.95 crore.

02

The company recorded a consolidated loss before tax (PBT) of INR 5.42 crore and a net loss after tax (PAT) of INR 4.58 crore for the period, reflecting cost pressures and operational overheads relative to incoming top-line realisation.

03

Basic and diluted earnings per share for the quarter stood at INR 0.35, noting the net result outcome for the reporting period under review.

04

Finance costs for the quarter were recorded at INR 1.53 crore, reflecting the ongoing cost of borrowings and working capital debt servicing required to manage operational inventory and trade receivables.

05

Depreciation and amortisation expenses stood at a modest INR 0.26 crore, representing the periodic write-down of the company's property, plant, and equipment base.

06

Tax expense for the quarter was a net credit of INR 0.84 crore, mitigating a portion of the pre-tax losses incurred during the period.

07

The official exchange filing provides current-quarter consolidated figures without historical comparables in this specific filing schedule, meaning sequential and annual variance metrics remain unquantified.

01 · Business model

What does Le Merite Exports do?

Le Merite Exports Limited operates within the textiles sector, engaging in the processing, manufacturing, and export of a wide range of textile products including cotton yarns, fabrics, and made-ups.

The company serves international and domestic markets, functioning as a link in the global textile supply chain by sourcing raw materials, managing value-added processing, and fulfilling institutional and commercial orders.

Its business model depends on managing raw material price volatility, maintaining steady capacity utilisation across processing units, and securing continuous export and domestic orders across varied textile grades.

02 · Financial snapshot

Current-quarter financial snapshot

MetricQ1 FY27
Revenue from operations₹89.75 Cr
Total income₹95.71 Cr
Profit before tax₹-5.42 Cr
Profit after tax₹-4.58 Cr
EPS₹0.35

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented -5.1% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.

Pre-tax earnings

Profit before tax was equivalent to -6.0% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.

Operating revenue versus total income

Total income exceeded operating revenue by ₹5.95 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.

03 · Why it moved

Why the quarter looked the way it did

What drove revenue

Consolidated Operational Revenue

Revenue from operations reached INR 89.75 crore for Q1 FY27, driven by core textile manufacturing and export sales volumes.

Total Income Contribution

Total income reached INR 95.71 crore, augmented by INR 5.95 crore in other income items recognised during the quarter.

What drove margins

Financing and Borrowing Costs

Finance costs of INR 1.53 crore exerted downward pressure on profitability, reflecting the interest burden associated with working capital utilization.

Tax Benefit Offset

A negative tax provision of INR 0.84 crore partially cushioned the net loss outcome for the quarter.

04 · Reported developments

What changed operationally

Tax Credit Support

The company benefited from a tax credit of INR 0.84 crore during the quarter, reducing the overall net loss.

05 · Pressure points & risks

What is not going smoothly

Net Loss Position

The company reported a consolidated net loss after tax of INR 4.58 crore for Q1 FY27 alongside a PBT of INR 5.42 crore.

06 · Items worth noticing

The line items that can distort a quick read

Other Income Recognition

The company recorded INR 5.95 crore in other income during Q1 FY27, bolstering total income to INR 95.71 crore.

07 · Cash flow & balance sheet

Profit is one thing. Cash and funding tell another part of the story.

Capital allocation & funding

Finance Cost Servicing

The company incurred INR 1.53 crore in finance charges during Q1 FY27 to service existing credit facilities and working capital requirements.

08 · Beyond the numbers

What changed beyond the numbers

Reported update

Consolidated Reporting Scope

The financial results for Q1 FY27 were filed on a consolidated basis under Indian Accounting Standards (Ind AS).

09 · Key Q&A

The quarter, answered directly

What does Le Merite Exports do?

Le Merite Exports Limited operates within the textiles sector, engaging in the processing, manufacturing, and export of a wide range of textile products including cotton yarns, fabrics, and made-ups.

What is the clearest takeaway from Q1 FY27?

During the quarter ended 30 June 2026 (Q1 FY27), Le Merite Exports reported consolidated revenue from operations of INR 89.75 crore, supported by total income of INR 95.71 crore which includes other income of INR 5.95 crore.

What drove revenue or demand?

Revenue from operations reached INR 89.75 crore for Q1 FY27, driven by core textile manufacturing and export sales volumes.

What mattered most for margins or profitability?

Finance costs of INR 1.53 crore exerted downward pressure on profitability, reflecting the interest burden associated with working capital utilization.

What changed operationally beyond the headline numbers?

The financial results for Q1 FY27 were filed on a consolidated basis under Indian Accounting Standards (Ind AS).

What are the main pressure points disclosed for the quarter?

The company reported a consolidated net loss after tax of INR 4.58 crore for Q1 FY27 alongside a PBT of INR 5.42 crore.

10 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

11 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Subsequent Quarterly Filings: Monitor upcoming financial disclosures for sequential revenue growth trends and a return to profitable operations.

  2. 02

    Debt and Finance Cost Management: Observe future filings to track changes in finance costs relative to operational scale and working capital needs.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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