Enclosed herewith the copy of advertisement published in newspaper for financial results of the Company for your information.
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Awaiting price reaction for this filing.
Katare Spinning Mills has filed its audited financial results for Q4 FY25 and full year ended March 31, 2025, published in Financial Express (English) and Tarun Bharat (Marathi) on June 1, 2025. Full-year revenue rose to ₹536.42 lakhs from ₹435.49 lakhs in FY24, a growth of about 23%. Net loss for the year narrowed to ₹(173.04) lakhs from ₹(187.31) lakhs in FY24. Q4 FY25 showed a sharper improvement with revenue at ₹159.65 lakhs (up from ₹114.75 lakhs) and net loss shrinking sharply to ₹(42.86) lakhs from ₹(189.93) lakhs in Q4 FY24. EPS for the year stood at ₹(6.07) versus ₹(6.57) previously. The results were approved by the Board on May 30, 2025.
The company continues to report losses but is showing clear improvement on both the top line and bottom line, with Q4 loss narrowing dramatically. For shareholders, the trend is positive but profitability is yet to be achieved, so the stock is likely to see only a mild positive reaction at best.