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2 Textile stocks under ₹50 jump after reporting net profit growth of up to 250% YoY

Alex Smith

Alex Smith

22 hours ago

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2 Textile stocks under ₹50 jump after reporting net profit growth of up to 250% YoY

Synopsis: Two penny textile stocks came into focus after Q3 results showed revenue growth of up to 31% YoY and profit growth of up to 250% YoY, supported by improved operating efficiency and cost control.

Two penny textile stocks have come into focus after announcing their Q3 results, drawing investor attention amid ongoing volatility in the textile sector. The latest earnings reflect how smaller textile companies are navigating demand trends, cost pressures, and export market conditions, prompting increased trading activity in these stocks.

Mittal Life Style Ltd

Mittal Life Style Limited operates in the Indian textile industry, focusing on the supply of bottom-weight fabrics and denim. The company offers a diverse range of products, including fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester and cotton fabrics, and knit fabrics, and has been operating from Mumbai since its incorporation in 2005.

With a market capitalization of Rs. 46.17 crore, the shares of Mittal Life Style Limited were trading at Rs. 1.04, up by 0.97 percent from its previous day’s closing price of Rs. 1.03 per equity share. 

Q3FY26 Results

Q3FY26 revenue stood at Rs. 21.51 crore, delivering a solid 19.0 percent YoY growth over Rs. 18.08 crore in Q3FY25. However, on a sequential basis, revenue declined by 13.8 percent QoQ from Rs. 24.95 crore in Q2FY26, indicating a softer quarter-on-quarter performance.

EBITDA rose sharply to Rs. 2.53 crore in Q3FY26, marking a strong 187.5 percent YoY growth compared with Rs. 0.88 crore in Q3FY25. On a QoQ basis, EBITDA improved by 29.1 percent from Rs. 1.96 crore in Q2FY26, reflecting better operating efficiency.

Net profit for Q3FY26 came in at Rs. 0.83 crore, up 144.1 percent YoY from Rs. 0.34 crore in Q3FY25. Sequentially, profit declined by 14.4 percent QoQ from Rs. 0.97 crore in Q2FY26, despite healthy year-on-year growth.

Atvo Enterprises Ltd

Atvo Enterprises Limited operates in the textile sector, manufacturing, exporting, and selling a range of textile fabrics and apparel in India. Its product portfolio includes socks, shirts, sweaters, ready-made garments, and hosiery goods, alongside commission and investment activities, and the company is headquartered in Bhilwara, having been incorporated in 1995 and renamed in March 2025.

With a market capitalization of Rs. 200.60 crore, the shares of Atvo Enterprises Limited were trading at Rs. 18.75, up by 0.27 percent from its previous day’s closing price of Rs. 18.70 per equity share. 

Q3FY26 Results

Q3FY26 revenue stood at Rs. 1.56 crore, recording a strong 31.1 percent YoY growth over Rs. 1.19 crore in Q3FY25. On a sequential basis, revenue increased by 18.2 percent QoQ from Rs. 1.32 crore in Q2FY26, reflecting steady improvement in topline performance.

EBITDA loss narrowed to Rs. 0.09 crore in Q3FY26 from a loss of Rs. 0.25 crore in Q3FY25. Compared to Q2FY26, EBITDA improved from a loss of Rs. 0.14 crore, indicating better cost control and operating efficiency.

Net profit rose to Rs. 0.07 crore in Q3FY26, marking a sharp 250.0 percent YoY growth over Rs. 0.02 crore in Q3FY25. On a QoQ basis, profit increased by 250.0 percent from Rs. 0.02 crore in Q2FY26, supported by improved operating performance.

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