Audited Financial Results for the Quarter ended 31.03.2026.

Aananda Lakshmi Spinning Mills Ltd reported a net loss of Rs 299.11 lakhs for FY2026, a sharp reversal from a profit of Rs 308.60 lakhs in the previous year. Total income declined to Rs 270.31 lakhs from Rs 431.77 lakhs. The company has accumulated losses of Rs 3,748.69 lakhs and negative equity of Rs 1,834.44 lakhs. Current liabilities exceed current assets by a significant margin. The auditors issued a Qualified Opinion citing two issues: no provision for interest on unpaid TDS of Rs 3.30 lakhs and long-pending payables of Rs 136.57 lakhs where the limitation period has expired. This is the fifth consecutive year with audit qualifications. The spinning division was discontinued in 2020 and exceptional items of Rs 363.88 lakhs were recorded for write-offs and provisions.