The Board meeting held on 12-11-2025 the Board of Maris Spinners Ltd considered unaudited results for the quarter ended 30-09-205 and related party transactions for the half year ended 30-09-205
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Maris Spinners' Board met on 12 November 2025 and approved the unaudited financial results for the quarter and half year ended 30 September 2025, along with related party transactions for the half year. Revenue from operations for Q2 FY26 jumped to ₹4,312.41 lakhs from ₹3,177.61 lakhs in Q2 FY25, a roughly 36% year-on-year rise. Total income for H1 FY26 stood at ₹8,184.49 lakhs versus ₹7,866.07 lakhs in H1 FY25. Despite the strong top-line growth, the company slipped deeper into losses, reporting a loss after tax of ₹152.23 lakhs in Q2 FY26 and ₹175.86 lakhs for H1 FY26, compared to losses of ₹75.71 lakhs and ₹125.62 lakhs respectively a year earlier. Statutory auditors Raghavan, Chaudhuri & Narayanan issued an unmodified (clean) limited review opinion on the results.
The clean auditor opinion removes any near-term governance overhang, but widening losses alongside revenue growth suggest cost pressures are outpacing sales gains. Shareholders should watch whether margin recovery follows the top-line momentum before treating the revenue surge as a positive signal.