Bhilwara Technical Textiles Reappoints Key Management and Releases Q1 Financial Results
Bhilwara Technical Textiles Limited announced important outcomes from its Board meeting held on August 13, 2026, including the re-appointment of key leadership personnel and the release of un-audited financial results for the quarter ended June 30, 2026.The company approved the re-appointment of Shri Shekhar Agarwal as Managing Director and CEO for a three-year term. His appointment is set to commence from April 13, 2027, until March 31, 2030.
Shri Rakesh Kumar Ojha was also reappointed as a Non-executive Independent Director for a second consecutive term of five years. This role is effective from November 10, 2026, through November 9, 2031. Both appointments were made upon the recommendation of the Nomination and Remuneration Committee.
Financial Performance Snapshot
The company's un-audited financial results for the quarter ended June 30, 2026, cover both standalone and consolidated segments. These results reflect operational figures across various income streams and expense categories.Key financial metrics from the statement of un-audited financial results are presented below:
| Particulars | Quarter Ended 30.06.2026 (Consolidated) | Year Ended 31.03.2025 (Consolidated) |
|---|---|---|
| Revenue from operations | 60,871 | 53,194 |
| Other income | 5,977 | 14,193 |
| Total Income | 668.48 | 673.87 |
| Total Expenses | (Data provided in lakh) | (Data provided in lakh) |
The financial summary, presented in lakhs except per share data, shows the following key consolidated figures for Q ended 30.06.2026:
| Financial Metric | Value |
|---|---|
| Total Income (1+1) | 668.48 |
| Profit before tax and share of net profit of minority shareholders | 3,166 |
| Tax Expense (Current + Deferred) | 577 + 158 = 735 |
| Profit after tax | 3,624.7 |
Share of Associate Profit and Comprehensive Income
The consolidated financial results for the quarter ended June 30, 2026, include the associate company's share of net profit and other comprehensive income. The share of net profit attributable to one associate was reported at 338.16 lakhs, while the share in other comprehensive income stood at (20.65) lakhs.This information aligns with an independent auditor's limited review report.
Director Profiles and Details
The company confirmed the profiles and relationships of its key directors:- Shri Shekhar Agarwal (Managing Director & CEO): Shri Agarwal, aged 73 years, has over 45 years of experience in the textile industry. He previously held various senior roles, including Managing Director at RSWM Limited from 1984 to 2009 and Chairman at the Confederation of Indian Textile Industry (CITI). He is the father of Shri Shantanu Agarwal, a Non-executive Director.
- Shri Rakesh Kumar Ojha (Non-executive Independent Director): Shri Ojha, aged 58 years, is a corporate commercial lawyer with over two decades of experience specializing in M&A, infrastructure, and various enabled businesses. He has experience leading litigation across multiple judicial and tribunal levels.
The Board meeting concluded with the review and approval of these outcomes, solidifying leadership structures within Bhilwara Technical Textiles Limited.
BTTL Stock Price Movement
As of 2:52 PM, Bhilwara Technical Textiles Limited shares slip slightly by 0.11% in live trading, currently hovering at ₹43.89. The stock maintained an intraday range today, having experienced a low of ₹41.75 and reaching a high of ₹44.24.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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