
Windsor Machines reported a standalone net loss of ?107.63 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a substantial improvement from the ?1,053.77 lakh net loss posted in the corresponding period of FY26. The Board of Directors approved the unaudited financial results on August 08, 2026, citing a 29% year-on-year increase in revenue from operations to ?14,620.55 lakh. Consolidated revenue grew even sharper at 31% to ?14,886.73 lakh, reflecting robust demand across key machinery segments despite a consolidated net loss of ?91.01 lakh. This turnaround signals stabilizing operations following the amalgamation of Global CNC Private Limited.
The filing was submitted pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. S K Patodia & Associates LLP, the independent auditors, issued an unmodified review report on both standalone and consolidated results. The comparative figures for Q1FY26 have been restated to reflect the Scheme of Amalgamation of Global CNC Private Limited with the holding company, effective April 1, 2025. This amalgamation, approved by the National Company Law Tribunal on March 19, 2026, impacts the comparability of prior period data by merging the carrying amounts of assets and liabilities of the subsidiary into the parent entity.
Financial Performance
Revenue from operations stood at ?14,620.55 lakh on a standalone basis, up from ?11,333.50 lakh in the previous year. Total expenses decreased slightly to ?14,862.48 lakh from ?11,120.10 lakh, primarily due to higher raw material costs and employee benefits. The profit before tax and exceptional items turned negative at ?(201.42) lakh, compared to a positive ?225.68 lakh in Q1FY26. No exceptional items were recorded in the current quarter, whereas the prior period included a loss of ?1,161.61 lakh related to one-time payments to workers.
| Particulars | Q1FY27 Standalone | Q1FY26 Restated | Change |
|---|---|---|---|
| Revenue from Operations | ?14,620.55 lakh | ?11,333.50 lakh | +29.0% |
| Total Expenses | ?14,862.48 lakh | ?11,120.10 lakh | +33.7% |
| Profit/(Loss) Before Tax | ?(201.42) lakh | ?(935.93) lakh | Improved |
| Net Profit/(Loss) After Tax | ?(107.63) lakh | ?(1,053.77) lakh | Improved |
On a consolidated basis, revenue reached ?14,886.73 lakh, while total expenses were ?15,114.35 lakh. The consolidated net loss narrowed to ?91.01 lakh from ?1,053.77 lakh in the same period last year. Earnings per share (basic) improved to ?(0.10) from ?(1.25) on a consolidated basis.
Segment Analysis
The Injection Moulding Machinery segment remained the primary growth driver, with standalone segment revenue surging 85% to ?7,572.47 lakh from ?4,085.41 lakh. The CNC & VMC Machinery segment maintained stable revenue at ?4,355.35 lakh, while the Extrusion Machinery Division saw a slight decline to ?2,692.73 lakh. Total segment results improved to ?1,231.31 lakh from ?871.68 lakh, offsetting unallocated corporate expenses of ?1,083.02 lakh.
Corporate Developments
The company completed the acquisition of Unitech Workholding Systems Private Limited on February 10, 2026, consolidating its financials from that date onward. Additionally, Windsor Machines allotted 1,32,04,811 equity shares upon conversion of warrants during the quarter, raising capital from promoter and public groups. The company continues its asset rationalization strategy, having shifted operations from Vatva and Chhatral plants to Rajkot. Assets classified as held for sale, including property, plant, and equipment, amounted to ?25,008.18 lakh as of June 30, 2026. The voluntary judicial liquidation of Wintal Machines SRL, Italy, remains ongoing, with no expected proceeds from the investment.
What the Numbers Show
The narrowing of the net loss is primarily driven by top-line growth rather than margin expansion. While revenue increased by nearly 30%, total expenses rose by over 33%, indicating pressure on operating efficiency. The significant improvement in the bottom line is largely attributable to the absence of exceptional items in the current quarter, which had heavily impacted the prior year's results. The consolidation of Unitech Workholding Systems has added scale to the CNC & VMC segment, but the full impact will be visible in subsequent quarters as integration progresses.