Celebrity Fashions Q1 FY27 Results: Net Loss Widens to ₹2.37 Crore
Celebrity Fashions reported its Q1 FY27 results, with total income at ₹27.13 crore and a net loss of ₹2.37 crore. This represents a widening of losses compared to the previous year. The company continues to be impacted by extended customer discounts.
The widening loss and decreased revenue indicate a negative financial performance, which could impact investor sentiment and the company's stock price. However, the auditor's confirmation of 'going concern' provides some stability.
The company reported a widening net loss and a decrease in total income compared to the previous year's corresponding quarter.
Celebrity Fashions Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors, in its meeting held on August 1, 2026, approved these results.
The company reported a total income of ₹27.13 crore for the quarter, a decrease from ₹40.67 crore in the same period last year. Total expenses were ₹29.50 crore, leading to a loss before tax of ₹2.37 crore. This is a widening of the loss compared to ₹6.73 crore in the corresponding quarter of the previous year.
The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS). The company's accumulated losses stood at ₹57.31 crore as of June 30, 2026, but the auditors confirmed that the company can continue as a going concern.
Notably, the company had to absorb the impact of additional discounts and price reductions extended to customers to mitigate the effect of U.S. government tariffs. These discounts amounted to ₹3.55 crore for the quarter. The Board meeting commenced at 11:30 AM and concluded at 12:50 PM.
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Celebrity Fashions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Celebrity Fashions Limited. Read the original for the full detail.