Financial Results for the Quarter ended 31.12.2025.
Awaiting price reaction for this filing.
Suryavanshi Spinning Mills reported a profit of ₹265.09 Lakhs for Q3 FY26 (ended Dec 31, 2025), swinging from a loss of ₹90.37 Lakhs in the previous quarter. Revenue from operations rose sharply to ₹208.39 Lakhs from ₹136.74 Lakhs in Q2 FY26, a jump of over 50%. For the nine months ended Dec 31, 2025, total profit stood at ₹192.84 Lakhs versus a loss of ₹506.89 Lakhs in the same period last year. The auditor flagged an Emphasis of Matter, pointing out that ₹49.82 Lakhs of referral commission and ₹10.18 Lakhs of interest were booked without any agreements, effectively overstating the quarterly profit. The company has accumulated losses of ₹2,421.98 Lakhs and current liabilities that exceed current assets, but management is continuing as a going concern based on the market value of its immovable properties.
The headline turnaround looks positive, but shareholders should treat it with caution since auditor-flagged items distort the picture and the balance sheet remains weak with deep accumulated losses. Excluding the disputed entries, the underlying profit would be noticeably lower, and the stock could react to both the going-concern note and the emphasis-of-matter disclosure.