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.