Outcome of Board meeting dated 13/08/2025
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The Board of Pasupati Spinning & Weaving Mills met on August 13, 2025 and approved standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 2,079 lacs versus Rs. 2,306 lacs in the same quarter last year, a decline of about 9.8%. The company reported a marginal net profit of Rs. 1 lac versus a loss of Rs. 18 lacs in Q1 FY25, with basic EPS of Rs. 0.02. The Board also approved the re-appointment of Mr. Ramesh Kumar Jain as Managing Director for five years (April 2025 to March 2030) upon attaining age 70, and fixed remuneration for Whole Time Director Mr. Chander Mohan Sharma, both subject to shareholder approval. The 45th Annual General Meeting was scheduled for September 30, 2025, with the register of members closed from September 24 to 30, 2025.
The quarterly results show weak top-line performance but a return to profitability compared to the year-ago loss, suggesting margin improvement despite lower sales. The continuation of the existing Managing Director and routine AGM scheduling indicate stable governance with no major disruption to shareholders.