Integrated Filing — IndAS



General information about company
Scrip Code 540048
NSE Symbol SPAL
MSEI Symbol NOTLISTED
ISIN INE212I01016
Name of company S. P. APPARELS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 14-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-Aug-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment MANUFACTURING OF GARMENTS AND EXPORTS
Start date and time of board meeting 14-Aug-2025   13:30:00
End date and time of board meeting 14-Aug-2025   15:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 4034390000
Other income 16280000
Total income 4050670000
2 Expenses
(a) Cost of materials consumed 1532740000
(b) Purchases of stock-in-trade 222990000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -31190000
(d) Employee benefit expense 1032840000
(e) Finance costs 117820000
(f) Depreciation, depletion and amortisation expense 112940000
(f) Other Expenses
1 Other Expenses 747680000 747680000
Total other expenses 747680000
Total expenses 3735820000
3 Total profit before exceptional items and tax 314850000
4 Exceptional items -7120000
5 Total profit before tax 307730000
6 Tax expense
7 Current tax 92760000
8 Deferred tax 8420000
9 Total tax expenses 101180000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 206550000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 206550000
17 Other comprehensive income net of taxes -70980000
18 Total Comprehensive Income for the period 135570000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0
Total profit or loss, attributable to non-controlling interests -370000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 250930000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 8.23
Diluted earnings (loss) per share from continuing operations 8.2
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 8.23
Diluted earnings (loss) per share from continuing and discontinued operations 8.2
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above unaudited consolidated financial results for the quarter ended June 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 14, 2025. n2. The Statement has been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of Companies Act, 2013 and other generally accepted accounting policies and principles. n3. The consolidated results for the quarter ended March 31, 2025 are the balancing figures between the consolidated audited figures of year ended March 31, 2025. n4. The consolidated financial results includes financial results of S.P Apparels Limited (Parent Company) and the financial results of its subsidiaries - S.P Retail Ventures Limited, Crocodile Products Private Limited, S.P Apparels UK (P) Limited, Young Brand Apparel Private Limited and S.P Apparels International (Private) Ltd and of its associate - Urban stich Private Limited. n5. The Consilidated financial results incudes the financial results of two subsidiaries and one associates which have been consolidated based on management accounts, whose financial relfect total revenue of Rs. 151.82 million for the quarter ended june 30, 2025 and total comprehensive loss of Rs. 20.44 million for the quarter ended june 30, 2025 as considered in the consolidated financial results. n6. The Board of Directors of Parent company at its meeting held on August 6, 2025 has proposed a final dividend of Rs.2 per equity shares for the year ended March 31, 2025. n7. Previous period figures have been regrouped/reclassified wherever necessary to confirm to the current period classification / Presentation. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) The company Operates in one segment (i.e) Textile business, which in the context of Indian Accounting standard (IND AS) 108 operating segment, is considered as the only reportable operating segment of the company.



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Actuarial gain/(loss) on defined benefits plans -11030000 -11030000
Total Amount of items that will not be reclassified to profit and loss -11030000
2 Income tax relating to items that will not be reclassified to profit or loss -2780000
3 Amount of items that will be reclassified to profit and loss
1 The effective portion of gain/(loss) on hedging instruments in a cash flow hedge transalation different -83830000 -83830000
Total Amount of items that will be reclassified to profit and loss -83830000
4 Income tax relating to items that will be reclassified to profit or loss -21100000
5 Total Other comprehensive income -70980000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 ASA & Associates LLP Yes 31-Mar-2026