Super Spinning Mills Limited has informed the Exchange regarding a press release dated August 08, 2025, titled "Extract of unaudited financial results for the quarter ended 30.06.2025".
SUPERSPIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Super Spinning Mills Limited submitted its unaudited financial results for the quarter ended June 30, 2025 to the stock exchanges. Total income from operations fell sharply to Rs. 167.13 lakhs from Rs. 687.06 lakhs in the same quarter last year. The company posted a net loss after tax of Rs. 33.07 lakhs, a major improvement compared to a loss of Rs. 1,640.64 lakhs in Q1 FY25. Loss per share stood at Rs. 0.06 versus Rs. 2.98 a year ago. The results were approved by the Board on August 7, 2025, after a limited review by statutory auditors. Importantly, the company had discontinued its textile operations in August 2023, so remaining revenue and profits/losses are now shown under discontinued operations.
The sharp year-on-year drop in revenue reflects the wind-down of textile operations, making the business much smaller. However, the narrowed loss suggests cost rationalisation is helping limit bleeding. For shareholders, this signals a company in transition with limited operational activity, so near-term stock movement is likely to remain subdued unless a new business direction is announced.