Akshar Spintex Limited has informed the Exchange about Copy of Newspaper Publication
AKSHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akshar Spintex Limited has submitted to BSE and NSE copies of the newspaper advertisement published on August 8, 2025 in Financial Express (English and Gujarati editions), containing the extract of its unaudited financial results for the quarter ended June 30, 2025. The results show total income of Rs. 2,668.90 lakhs, down from Rs. 3,766.09 lakhs in the same quarter last year — a decline of roughly 29%. The company slipped into a loss of Rs. 173.06 lakhs versus a profit of Rs. 108.23 lakhs in Q1 FY25. Loss per share stood at Rs. 0.02. The results were reviewed by the statutory auditors and approved by the board on August 6, 2025. The company operates solely in the cotton yarn spinning segment.
Negative signal for shareholders — both revenue and profitability have deteriorated year-on-year, with the company swinging from profit to loss in Q1 FY26. The filing itself is a routine regulatory disclosure and is unlikely to move the stock on its own, but the underlying numbers point to ongoing stress in the cotton yarn business.