NAHAR SPINNING MILLS LIMITED has informed the Exchange about Board Meeting to be held on 28-May-2026 to consider and approve the Quarterly and Yearly Audited Financial results of the Company ....
NAHARSPING · price
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Nahar Spinning Mills Ltd reported audited financial results for Q4 and year ended 31st March 2026. Total income from operations for FY26 was Rs. 331,890.66 lakhs, down from Rs. 322,227.91 lakhs in FY25. Revenue from operations declined by approximately 2% to Rs. 321,792.38 lakhs. However, profit after tax nearly doubled from Rs. 1,181.93 lakhs to Rs. 2,241.37 lakhs year-over-year. EPS for FY26 stands at Rs. 5.88. The Board recommended a dividend of Rs. 1.00 per equity share (20% on Rs. 5 face value) for FY26, subject to shareholder approval. Auditors issued an unmodified opinion on the financial results.
Despite a revenue decline of about 2%, the company achieved strong profit growth of ~90%, indicating improved operational efficiency. The dividend recommendation signals financial stability and shareholder-friendly approach. The clean audit opinion with no qualifications is a positive signal for investors.