Dear Sir We are to inform you that the Board of Directors of the Company in their meeting held today i.e. on Saturday, February 14, 2026 considerded and approved the Un-audited Financial ....
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Hisar Spinning Mills reported its Q3 FY26 results with revenue from operations falling to ₹1,122.78 lakhs from ₹1,209.32 lakhs in the same quarter last year, a decline of about 7%. For the nine-month period, revenue dipped marginally to ₹3,329.30 lakhs from ₹3,414.85 lakhs. Despite the lower revenue, the company posted a strong profit after tax of ₹121.94 lakhs for the quarter (up ~42% from ₹85.71 lakhs) and ₹264.32 lakhs for nine months (up ~40% from ₹188.90 lakhs). Profitability improved mainly due to lower raw material costs, reduced freight charges, and better absorption of fixed costs, even as depreciation rose sharply year-on-year. The company also recognised a one-time ₹13 lakh past service cost related to the new Labour Codes. EPS for the quarter stood at ₹3.27 versus ₹2.29 last year.
Higher profits on lower revenue signal significant margin expansion, which is positive for shareholders. However, the falling top line and rising depreciation may warrant a closer look at whether demand recovery is sustainable in the coming quarters.