Niwas Spinning Mills submits FY26 audited results and audit qualification declaration

Niwas Spinning Mills filed FY26 audited results for year ended March 31, 2026. Total revenue rose sharply to Rs 838.14 lacs from Rs 20.36 lacs, driven mainly by other income. Profit after tax jumped to Rs 710.55 lacs from Rs 2.47 lacs. However, operating cash flow was negative at Rs 382.76 lacs and the auditor issued a qualified opinion on the limited review. The company filed a declaration stating no impact from audit qualifications. EPS was Rs 5.04 versus Rs 0.01.