Unaudited Financial Results together with auditor''s limited review report for the quarter ended 30.06.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sambandam Spinning Mills Limited filed its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. Revenue from operations was around Rs. 6,391 lakhs, modestly lower than the comparable quarter last year. Profit after tax for Q1 FY26 came in at roughly Rs. 49 lakhs (basic EPS Rs. 1.15), compared to around Rs. 539 lakhs in Q1 FY25 (EPS Rs. 12.61), a steep YoY decline of about 91%. The statutory auditor P N Raghavendra Rao & Co issued an unqualified limited review report. The Board fixed the 51st AGM for September 20, 2025 via video conferencing and appointed M/s KUVS & Associates as the new Secretarial Auditor for a five-year term from FY26. Certain assets continue to be classified as held for sale under Ind AS 105, and the consolidated results include the share of profit from its associate, SPMM Health Care Services Private Limited.
The sharp ~91% YoY fall in quarterly profit is clearly negative for shareholders of this small-cap textile maker, even though the company remains in the black. Investors should watch whether the slump is a one-quarter cost spike or a sign of structural weakness in the spinning business.