Audited Financial Results for the Quarter/Year ended 31.3.2026
BASML · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bannari Amman Spinning Mills reported standalone revenue of Rs 87,032.40 lakhs for FY26, down 1.9% from Rs 88,735.86 lakhs in FY25. However, the company returned to profitability with profit after tax of Rs 1,374.88 lakhs versus a loss of Rs 206.19 lakhs in the prior year. EPS improved to Rs 1.76 from Rs 1.14. The company completed a rights issue raising Rs 4,071.47 lakhs and also had convertible warrants forfeited (42.26 lakh warrants) due to non-payment. A garment unit was sold under discontinued operations resulting in a loss of Rs 124.54 lakhs after tax. The board recommended a dividend of Rs 0.25 per share. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
The company showed improved profitability despite modest revenue decline, indicating better cost management and operational efficiency. The completed rights issue strengthened the balance sheet while warrant forfeiture reduces equity dilution uncertainty. The clean audit opinion and positive operating cash flow of Rs 11,683.44 lakhs are positive signals for investors.