Audited Financial Results for the quarter and year ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sambandam Spinning Mills reported audited standalone results for FY2026 with revenue from operations of Rs 26,366.45 lakhs, down from Rs 26,818.10 lakhs in FY2025 (approximately 1.7% decline). Profit After Tax (PAT) for the full year stood at Rs 676.57 lakhs compared to Rs 887.22 lakhs in the previous year, representing a decline of about 24%. The company incurred a net loss in Q4 standalone results but this was primarily due to deferred tax adjustments. Statutory auditors P.N. Raghavendra Rao & Co issued an unmodified (clean) opinion on both standalone and consolidated financial results. Related party transactions were disclosed including transactions with promoter group members for remuneration and interest payments, and with common director entities for sale/purchase of goods and services. The company appointed new Internal Auditor and Cost Auditor for FY2026-27.
The 24% decline in annual PAT and slight revenue contraction signal pressure on profitability, likely from cost inflation or challenging market conditions in the textile sector. However, the clean audit opinion and positive Q4 operational performance provide some comfort. Shareholders should monitor cost control measures and raw material prices.