What’s new

• Ludlow Jute reported a net profit of ₹16.2 crore in FY26, swinging from a ₹10.6 crore loss in FY25.
• Revenue from operations surged 77% to ₹532 crore.
• Operating profit before exceptional items turned positive at ₹22.1 crore, versus a loss of ₹1,412 lakhs.

Why it matters

The swing from a net loss to a ₹16.2 crore profit is driven by a sharp revenue jump and higher volumes, not just cost cuts. Skipping the dividend means the cash stays on the balance sheet. For a nano-cap, these numbers mark a clear inflection in profitability.

What we’re watching

• Whether the demand that drove the 77% revenue jump holds in FY27.
• How Ludlow deploys the cash it now generates.
• Raw-material cost trends in the jute market.

The full read

Ludlow Jute is no longer loss-making. The jute manufacturer posted a net profit of ₹16.2 crore for the year ended March 2026, swinging from a ₹10.6 crore loss a year earlier. Revenue jumped 77% to ₹532 crore on higher sales volumes. Operating profit before exceptional items turned positive at ₹22.1 crore, reversing a prior-year loss of ₹1,412 lakhs. The board skipped a dividend, keeping the cash. For a nano-cap, these are clean numbers. The turnaround is real, but the scale is small.

Primary source: BSE · NSE