Aditya Spinners Limited announced that its Board of Directors has approved the audited financial statements for the financial year 2025-26. The approval was granted during a board meeting convened on May 22, 2026. The company reported a net profit of ₹31.46 lakhs for the fiscal year ended March 31, 2026, reversing the net loss of ₹336.68 lakhs reported in the previous year. Revenue from operations for the year stood at ₹6351.02 lakhs, compared to ₹6170.58 lakhs in the prior year.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹147.10 lakhs, a significant turnaround from the net loss of ₹20.75 lakhs in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹1367.58 lakhs. The board declared that the Auditor's Report for the Audited Financial Results carries an unmodified opinion.

Board Meeting Outcomes

The meeting, which commenced at 03:30 PM and concluded at 05:00 PM, saw the board approve several key agenda items. Primarily, the directors green-lit the audited financials along with the Audit Report for the year 2025-26 and the quarter ended March 31, 2026. Consequently, the Directors' Report for the fiscal year 2025-26 was also approved.

Appointments and Re-appointments

In a significant governance decision, the board approved the re-appointment of Sri K Vijayulu Reddy Kaliki as an Independent Director. This appointment is for a second term of five years, effective from November 9, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting. The appointment is based on the recommendation of the Nomination and Remuneration Committee. Furthermore, the board appointed Mr. P Ramamoorthy as the Internal Auditor for the Financial Year 2026-27.

Aditya Spinners Limited has announced the appointment of Sri P Ramamoorthy as its Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors following a recommendation from the company's Audit Committee. The appointment is effective from May 22, 2026.

Sri P Ramamoorthy brings extensive experience to the role, having spent approximately 52 years in finance matters. His expertise spans the fields of Finance, Taxation, Accounting, and advisory services. The company confirmed that there are no disclosures required regarding any relationship between the new auditor and the directors.

The appointment was communicated to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification detailed the rationale for the appointment and the background of the appointee.

Appointment Details