unaudited Financial Results together with Auditor''s Limited Review Report for the quarter ended 30.06.2025 and fixation of AGM Date.
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Sambandam Spinning Mills reported weak Q1 FY26 results, swinging from profit to loss. Revenue from operations fell about 2.8% year-on-year to ₹6,391.44 lakhs from ₹6,576.84 lakhs. The company posted a loss before exceptional items and tax of ₹584.53 lakhs versus a profit of ₹838.65 lakhs in the same quarter last year. After tax, net loss for the quarter stood at ₹1,017.05 lakhs compared to a profit of ₹551.74 lakhs in Q1 FY25. Basic and diluted EPS turned negative at ₹(1.11) versus ₹2.12 earlier. Exceptional income of ₹12.22 lakhs was booked during the quarter. The statutory auditor (P N Raghavendra Rao & Co) issued an unqualified limited review report on both standalone and consolidated results. The board also fixed the 51st AGM for September 20, 2025, via video conferencing, and appointed M/s KUVS & Associates as Secretarial Auditor for a first term of five years from FY26.
The sharp swing into losses and negative EPS is a clear negative for shareholders and likely to weigh on sentiment. Revenue softness combined with operating loss points to margin pressure, though the clean auditor opinion and unchanged statutory auditor provide some comfort on reporting quality.