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Singer India LtdUpdates, 08-08-2025: Company Update

08-08-2025 | 06:31 pm

Singer India reported a challenging first quarter for FY26. Revenue declined to Rs. 92.1 Cr from Rs. 98.7 Cr in the prior year, mainly due to lower home appliance sales from a short summer and deferred large sewing machine orders. This resulted in a net loss of Rs. 2.4 Cr, compared to a profit of Rs. 0.6 Cr previously, also impacted by higher marketing and team expansion costs. A significant positive is the Rs. 202.7 Cr bulk order for black sewing machines under a government scheme, received in July and expected to be completed by September 2026, which should boost future performance.

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