Super Spinning Mills Limited has informed the Exchange about Copy of Newspaper Publication pertaining to the financial results for the quarter and year ended 31st march 2026
SUPERSPIN · price
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Super Spinning Mills Limited reported audited financial results for Q4 and full year FY26. Total income from operations was Rs. 976.76 lakh for Q4 and Rs. 1,446.70 lakh for FY26. The company reported a net loss before tax of Rs. 1,543.56 lakh in Q4 and Rs. 1,781.18 lakh for FY26. Net loss after tax stood at Rs. 1,021.81 lakh for Q4 and Rs. 1,258.87 lakh for FY26. EPS was negative at Rs. -7.06 for Q4 and Rs. -8.70 for FY26. The company had previously discontinued its textile operations and informed exchanges on August 31, 2023, with discontinued operations now being reported separately.
The company continues to incur significant losses with no operating income from textile business as operations were discontinued. This is highly negative for shareholders as the company has no sustainable revenue stream and is burning cash.