Deepak Spinners files scrutinizer report for 44th AGM

0 min read     Updated on 15 Aug 2026, 03:01 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Deepak Spinners Limited filed its 44th AGM scrutinizer report on August 15, 2026. The report covers voting results from the meeting held on August 13, 2026. The filing was authorized by Company Secretary Puneeta Arora.

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Deepak Spinners Limited has submitted the consolidated scrutinizer’s report regarding the voting conducted at its 44th Annual General Meeting. The meeting took place on Thursday, August 13, 2026.

The filing was issued on August 15, 2026, and signed by Puneeta Arora, the Company Secretary. The document confirms the finalization of votes cast for the resolutions presented to shareholders during the assembly.

No financial results or operational metrics were disclosed in this specific regulatory filing.

Historical Stock Returns for Deepak Spinners

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-9.28%-1.11%+1.13%-8.09%-59.03%

What specific resolutions were put to vote at the 44th AGM, and did any face significant shareholder dissent?

How might the outcomes of these resolutions influence Deepak Spinners' strategic direction or capital allocation in the coming fiscal year?

When is the company expected to release its next set of financial results, and will they reflect any operational changes approved at the AGM?

Deepak Spinners publishes Q1FY26 results in Financial Express and Jansatta

2 min read     Updated on 07 Aug 2026, 03:32 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Deepak Spinners Ltd published its unaudited Q1FY26 financial results in Financial Express and Jansatta on August 7, 2026. The company reported a net profit of ₹3.09 crore, reversing a previous loss, aided by cost containment and increased other income.

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Deepak Spinners published its unaudited financial results for the quarter ended June 30, 2026, in 'Financial Express' and 'Jansatta' on August 7, 2026. The publication confirms the company’s return to profitability with a standalone net profit of ₹3.09 crore, reversing a net loss of ₹3.61 crore in the same period last year. This disclosure fulfills the company’s regulatory obligation under SEBI guidelines to ensure wide dissemination of financial information to stakeholders.

The Board of Directors approved the results on August 6, 2026, following a review by the Audit Committee. The financial statements were submitted to BSE Limited pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Salarpuria & Partners, Chartered Accountants, served as the statutory auditors and issued a limited review report on the financial statements.

Financial Performance Overview

Particulars Q1FY26 (₹ Lakh) Q4FY25 (₹ Lakh) Q1FY25 (₹ Lakh) FY25 (₹ Lakh)
Revenue From Operations 13,682 12,076 13,877 53,416
Other Income 261 148 59 446
Total Income 13,943 12,224 13,936 53,862
Total Expenses 13,528 11,858 14,418 53,379
Profit Before Tax 415 366 (482) 483
Profit After Tax 309 247 (361) 364
EPS (Basic & Diluted) 4.30 3.44 (5.02) 5.06

Revenue from operations decreased slightly year-on-year to ₹13,682 lakh from ₹13,877 lakh in Q1FY25. However, other income rose significantly to ₹261 lakh from ₹59 lakh in the previous year’s first quarter. Total expenses were contained at ₹13,528 lakh, down from ₹14,418 lakh in Q1FY25, directly contributing to the profit turnaround.

What the Numbers Show

The primary driver of the profit improvement was a substantial decrease in total expenses despite a slight dip in operating revenue. In Q1FY25, the company incurred a loss before tax of ₹482 lakh; in Q1FY26, it achieved a profit before tax of ₹415 lakh. This swing highlights effective cost control measures. Additionally, other income increased by more than four times year-on-year, providing a notable boost to the bottom line. The earnings per share improved to ₹4.30 from a negative ₹5.02 in the corresponding period last year.

Regulatory and Operational Notes

The company operates within a single primary business segment, 'Yarn', as per Ind AS 108 'Operating Segments'. A significant item noted in the filing relates to an order dated April 28, 2026, by the Vidyut Upbhokta Shikayat Nivaran Forum, Bhopal. The forum determined an incremental consumption rebate entitlement of ₹45.13 lakhs for the company’s Discom (MPMKVYCL). Of this amount, ₹105.01 lakhs credited by the Discom during the quarter has been recognized as other income. The balance of ₹840.12 lakhs has not been recognized as its realization is probable but not virtually certain, pending clarification from MPERC.

The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and unaudited year-to-date figures till December 31, 2025. Previous period figures have been regrouped where necessary. The paid-up equity share capital remains unchanged at ₹719 lakh.

Historical Stock Returns for Deepak Spinners

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-9.28%-1.11%+1.13%-8.09%-59.03%

Will Deepak Spinners be able to sustain its cost-control measures and profitability in Q2FY26, or was the turnaround driven by one-off factors?

How might the pending resolution of the ₹840.12 lakh rebate claim with MPERC impact the company's future cash flows and other income recognition?

Given the slight decline in operating revenue, what strategic initiatives is the company pursuing to drive top-line growth in the competitive yarn segment?

More News on Deepak Spinners

1 Year Returns:-8.09%