FY26 results: revenue declines, net loss narrows to Rs. 5.8 cr; auditor gives clean opinion
SUPERSPIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.6 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Super Spinning Mills reported FY26 rental services revenue of Rs. 6.31 cr (down from Rs. 6.63 cr). Net loss narrowed to Rs. 5.8 cr from Rs. 16.4 cr, while discontinued textile ops lost Rs. 6.21 cr. Statutory auditor gave a clean (unmodified) opinion. Board noted long-running power disputes with APGCL/SPDCL, with Rs. 83.24 cr claimed as arrears, of which only Rs. 19.08 cr provided. Company signed a JV for joint development of its Coimbatore land. 64th AGM set for Aug 28, 2026.
Loss narrowed but revenue declined; major contingent power dispute exposure (~Rs. 83 cr) looms; Coimbatore land JV could unlock future value.