Disclosure of copies of newspaper advertisement in respect of publication of unaudited Financial Results - 30.09.2025
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Awaiting price reaction for this filing.
Kandagiri Spinning Mills has published its unaudited Q2 and H1 FY26 results (ended September 30, 2025) in newspapers, as required under SEBI LODR rules. Standalone revenue from operations grew to Rs 63.33 lakhs in Q2 (vs Rs 49.62 lakhs a year ago) and Rs 125.48 lakhs in H1 (vs Rs 60.27 lakhs in H1 FY25), roughly doubling year-on-year. However, the company reported a wider standalone net loss of Rs 63.21 lakhs in Q2 and Rs 182.04 lakhs in H1, compared to losses of Rs 38.09 lakhs and Rs 75.79 lakhs respectively a year ago. Consolidated loss for H1 stood at Rs 176.13 lakhs. Standalone EPS turned more negative at Rs (4.73) for H1 vs Rs (1.96) earlier.
Despite revenue improving, losses have widened sharply, indicating cost pressures or weak pricing continue to hurt the spinning business. With negative other equity of around Rs 11.11 crore (standalone) against a share capital of just Rs 3.86 crore, the company's net worth remains fully eroded, which is a red flag for shareholders and may pressure the stock price.