Copy of Newspaper publication pertaining to financial results for the quarter and year ended 31st March 2026
SUPERSPIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Super Spinning Mills Ltd reported significantly widened losses for FY2026 with standalone net loss after tax of Rs 1,258.87 lakhs compared to a net loss of Rs 138 lakhs in FY2025. Total income from operations stood at Rs 3,765.74 lakhs, up from Rs 3,358.42 lakhs year-on-year. The quarterly loss for Q4 FY2026 was Rs 1,021.81 lakhs, nearly 5 times the Q4 FY2025 loss of Rs 209.93 lakhs. EPS deteriorated to Rs -8.70 for the year versus Rs -0.67 in the previous year. The company noted it has discontinued its textile operations (informed exchanges on August 31, 2023), and the current results reflect operations from a different business line.
The substantial increase in losses despite higher revenue indicates operational challenges in the new business. Negative EPS of Rs 8.70 signals significant value erosion for shareholders. The stock may face selling pressure given the deteriorating financial performance.