Meenakshi India Ltd — earnings calls

Meenakshi India reported Q1 FY27 profit after tax of Rs. 712 lakhs, up from Rs. 281 lakhs a year earlier, with revenue from operations broadly flat at Rs. 3,224 lakhs versus Rs. 3,339 lakhs in the prior-year quarter. Management said the core garment business returned to positive operating profit after reporting an operating loss in the same quarter last year, while a large part of reported profit growth came from other income including unrealized fair value gains on investments and foreign currency forward contract gains. Management also discussed capacity expansion plans, geographic diversification into Sri Lanka and Nepal, and provided a conservative FY30 revenue and PAT target.