Deepak Spinners returns to profit in FY26, revenue rises

Deepak Spinners returned to profitability in the financial year ended March 31, 2026, posting a net profit of ₹364 lakh compared to a net loss of ₹1,019 lakh in the previous year. Revenue from operations for the year rose to ₹53,416 lakh from ₹52,407 lakh in FY25. The company’s Board of Directors approved the audited financial results for the year at a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company reported a profit after tax of ₹247 lakh, a significant improvement from the loss of ₹65 lakh recorded in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹12,076 lakh, slightly lower than the ₹12,150 lakh reported in the same period last year. Total income for the quarter was ₹12,224 lakh.

Financial Performance

The company’s total expenses for FY26 decreased to ₹53,379 lakh from ₹54,034 lakh in the previous year. Finance costs were reduced to ₹274 lakh from ₹377 lakh in FY25. The profit before tax for the year stood at ₹483 lakh, a turnaround from the loss before tax of ₹1,397 lakh in the preceding year.

The following table summarizes the financial results for the quarter and year ended March 31, 2026:

Particulars	Quarter ended 31.03.2026 (₹ in Lakhs)	Year ended 31.03.2026 (₹ in Lakhs)
Revenue From Operations	12,076	53,416
Total Income	12,224	53,862
Total Expenses	11,858	53,379
Profit Before Tax	366	483
Profit After Tax	247	364

Audit and Governance

M/s. Salarpuria & Partners, Chartered Accountants, the statutory auditors of the company, issued an audit report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view of the company's financial position in conformity with the recognition and measurement principles laid down in the applicable accounting standards.

The meeting of the Board of Directors commenced at 1:00 p.m. and concluded at 2:30 p.m. on May 26, 2026. The company stated that the date of the Annual General Meeting and the book closure date would be intimated separately.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.69%	-2.72%	-3.47%	-13.61%	-24.69%	-25.23%

Deepak Spinners Limited has notified BSE Limited of an upcoming Board of Directors meeting, scheduled for Tuesday, May 26, 2026. The intimation, dated May 14, 2026, was filed pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Company Secretary Puneeta Arora.

Board Meeting Agenda

The Board meeting has been convened to address key corporate and financial matters pertaining to the year ended March 31, 2026. The following items are on the agenda for the meeting:

Agenda Item:	Details
Financial Results:	Consider and approve the Audited Financial Results for the year ended March 31, 2026
Dividend Recommendation:	Recommend final dividend, if any, on equity shares for the year ended March 31, 2026
Board's Report:	Consider the draft Board's Report

Trading Window Closure

In accordance with the company's earlier communication dated March 27, 2026, the trading window for dealing in equity shares of Deepak Spinners has been closed since April 1, 2026. The trading window will remain closed until 48 hours after the announcement of the financial results, as per applicable regulations.

The intimation was submitted to BSE Limited at P. J. Towers, 25th Floor, Dalal Street, Mumbai – 400 001, and is available for information and record purposes.