The Board of Directors of S.P. Apparels Limited, at their meeting held on May 20, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The company’s consolidated revenue from operations for Q4 FY26 was Rs. 3,649.1 million, compared to Rs. 2,515.29 million reported on a standalone basis for the same period. Due to the divergence in reporting metrics and the specific comparative data requested, the following table illustrates the standalone financial performance for the quarter ended March 31, 2026, compared to the preceding quarter (Q3 FY26, ended December 31, 2025) and the corresponding quarter of the previous year (Q4 FY25, ended March 31, 2025).

Note: The table is prepared based on standalone figures provided in the company’s audited financial results.

S.P. Apparels Limited, headquartered near Tirupur, Tamil Nadu, is a leading manufacturer and exporter of knitted garments for infants and children. The company operates integrated facilities that provide end-to-end garment manufacturing services, ranging from greige fabric to finished products like bodysuits, sleepsuits, tops, and bottoms. Furthermore, the company has diversified its offerings by producing menswear under the “Crocodile” brand and women’s western wear under the “Natalia” brand. Recent updates from 2025 and 2026 highlight the company’s strategic focus on international expansion, including investments in its wholly-owned subsidiaries in the UK and Sri Lanka to bolster its manufacturing capabilities and tap into duty-free market opportunities in the UK and Europe. The company is also notable for its significant shareholding by institutional investors, including DSP BlackRock Investment Managers Pvt. Ltd. and Quant Money Managers Ltd.