BSENiwas Spinning Mills LtdHighNeutral
Announced Fri, 14 Aug, 2026 · 17:20 IST
Q1 FY27 results: Nil operating revenue, qualified opinion
Qualified audit opinionRevenue declinedExceptional itemNegative operating cash flowGoing-concern doubtResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Niwas Spinning Mills Q1 FY27 (ended 30 Jun 2026): revenue from operations NIL, total income Rs 500.94 lacs all from other income. Net profit Rs 497.88 lacs (EPS Rs 3.53) vs loss of Rs 3.93 lacs in Q1 FY26. FY26 revenue from operations just Rs 65.92 lacs, net profit Rs 710.55 lacs. Reserves remain deeply negative at Rs (780.71) lacs. Auditor issued a qualified opinion. Textile segment shows minimal operational activity.
Likely market impact
Profit driven entirely by non-operating income with zero revenue from operations and negative reserves raises serious operational concerns for shareholders.