Amarjothi Spinning Mills reported a consolidated net profit of ₹952.34 lakh for FY26, a decline from ₹1134.63 lakh in FY25, while revenue from operations decreased to ₹22,215.27 lakh from ₹23,029.54 lakh. The Board of Directors recommended a dividend of ₹2.20 per equity share (22% on face value) subject to shareholder approval at the Annual General Meeting scheduled for August 27, 2026. Investors should note that the company has issued a corrigendum to correct a typographical error in the PDF version of its consolidated profit and loss sheet, where March 2024 figures were inadvertently listed under the March 2025 column; the XBRL filing remains accurate.

The standalone net profit for the year was ₹936.97 lakh, compared to ₹1104.06 lakh in the previous year. Statutory Auditors M/s. V.Narayanaswami & Co., Chartered Accountants, provided an unmodified opinion on both the standalone and consolidated audited financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting to approve these results was held on May 29, 2026.

Financial Performance

Consolidated revenue from operations fell by approximately 3.5% year-on-year. Standalone revenue from operations also contracted, standing at ₹20,604.65 lakh against ₹21,260.84 lakh in FY25. The cost of materials consumed remained a significant expense component, totaling ₹14,641.37 lakh on a consolidated basis.

Balance Sheet and Cash Flow

Total consolidated assets increased to ₹30,939.03 lakh from ₹27,633.09 lakh in the previous year, driven largely by a rise in inventories to ₹11,889.48 lakh from ₹8,961.00 lakh. Trade receivables also grew to ₹4,909.05 lakh from ₹3,507.63 lakh. Total borrowings stood at ₹5,596.08 lakh (non-current: ₹5,555.93 lakh; current: ₹40.15 lakh).

Net cash from operating activities was ₹876.05 lakh for the year, compared to ₹1,406.44 lakh in FY25. Cash and cash equivalents as at March 31, 2026, were ₹475.33 lakh on a consolidated basis.

What the Numbers Show

The decline in net profit coincides with an increase in inventory levels and trade receivables, suggesting working capital absorption during the period. While revenue dipped slightly, the cost of materials consumed did not decrease proportionally in the consolidated view, impacting margins. The company also recognized an increase of ₹14.71 lakh as past service cost due to the financial implications of New Labour Codes.

Corporate Actions

The 38th Annual General Meeting will be held via Video Conferencing/Other Audio Visual Means on August 27, 2026. Pursuant to Regulation 42 of the SEBI LODR Regulations, the Register of Members and Share Transfer Books will remain closed from August 21, 2026, to August 27, 2026, for the purpose of dividend payment and the AGM. The cutoff date for dividend entitlement is fixed as August 20, 2026.

Amarjothi Spinning Mills reported a consolidated net profit of ₹322.75 lakh for the quarter ended June 30, 2026, marking a 24.2% year-on-year increase from ₹259.77 lakh in Q1FY26. Consolidated revenue from operations surged 43.9% to ₹7,561.63 lakh, driven by higher material consumption and inventory adjustments. The Board of Directors, meeting on July 27, 2026, also approved the re-appointment of key executives and corrected a prior filing error regarding comparative figures.

The standalone net profit stood at ₹308.61 lakh, up 21.2% YoY from ₹254.58 lakh. Standalone revenue from operations grew 8.9% to ₹5,314.86 lakh. Statutory Auditors V Narayanaswami & Co reviewed the unaudited results under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates solely in the yarn manufacturing segment.

Financial Performance Highlights

Consolidated other income remained stable at ₹9.69 lakh. Total expenses rose to ₹7,180.24 lakh from ₹4,944.13 lakh, primarily due to higher cost of materials consumed at ₹4,515.78 lakh compared to ₹2,553.53 lakh in the prior year quarter. Finance costs increased slightly to ₹228.50 lakh from ₹188.62 lakh.

Corporate Governance and Appointments

The Board approved the re-appointment of Sri.R.Premchander (DIN: 00390795) as Managing Director for five years commencing September 1, 2026. He is not liable to retire by rotation. Similarly, Sri.R.Jaichander (DIN: 00390836) was re-appointed as Whole Time Director for five years starting December 1, 2026. Both appointments are subject to shareholder approval at the Annual General Meeting (AGM).

The AGM date has been rescheduled to August 28, 2026, from August 27, 2026. The book closure period is August 22–28, 2026, with a record date of August 21, 2026, for dividend entitlement. Non-Executive Director Narayanasamynaidu Radhakrishnan (DIN: 00390913), liable to retire by rotation, was also recommended for re-appointment.

Correction of Prior Filing

The company disclosed a typographical error in the PDF Consolidated Profit & Loss sheet submitted on May 29, 2026. The previous year comparative figures for March 2025 had incorrectly displayed March 2024 values. The XBRL filing submitted earlier contained correct figures and requires no revision. Revised consolidated results were published in Trinity Mirror and MakkalKural on July 28, 2026.

What the Numbers Show

The divergence between consolidated and standalone revenue growth highlights the significant contribution of subsidiary RPJ Textiles Limited. While standalone revenue grew modestly at 8.9%, consolidated revenue jumped 43.9%, indicating robust performance or higher consolidation impact from the subsidiary. Inventory changes contributed positively to standalone results (-₹909.20 lakh reduction in costs) but negatively impacted consolidated results (+₹734.09 lakh increase), suggesting differing inventory management dynamics across entities.