Hisar Spinning Mills reports 12.9% rise in FY26 net profit
Hisar Spinning Mills reported a 12.9% increase in net profit to ₹330.60 lakh for FY26, while revenue from operations dipped slightly to ₹4410.94 lakh. The auditors issued an unmodified opinion on the results. The company also recognized past service costs due to new labour codes.

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Hisar Spinning Mills reported a net profit of ₹330.60 lakh for the financial year ended March 31, 2026, representing a 12.9% increase from the previous year's ₹292.81 lakh. Revenue from operations for the year stood at ₹4410.94 lakh, a slight decline from ₹4487.79 lakh in the prior year. The company's Board of Directors approved the audited financial results during a meeting held on May 29, 2026.
The statutory auditors, Jain & Anil Sood, Chartered Accountants, provided an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report stated that the financial results give a true and fair view of the company's net profit and other financial information in conformity with applicable accounting standards.
For the quarter ended March 31, 2026, the company recorded a profit of ₹66.28 lakh, down from ₹103.91 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹1081.64 lakh, compared to ₹1072.94 lakh in the same period last year. Total expenses for the quarter increased to ₹1008.39 lakh from ₹938.29 lakh in the prior year quarter.
The company recognized a past service cost of ₹13.00 lakhs as an expense under employee benefits in the quarter ended December 31, 2025, due to the implementation of new labour codes notified by the Government of India. Hisar Spinning Mills operates primarily in the manufacturing and sale of cotton yarn blended products and has no subsidiaries, associates, or joint ventures as of March 31, 2026.
Financial Results for FY26
| Particulars | Year Ended 31.03.2026 (₹ in lakhs) | Previous Year Ended 31.03.2025 (₹ in lakhs) |
|---|---|---|
| Revenue from operations | 4410.94 | 4487.79 |
| Total Income | 4449.00 | 4508.97 |
| Total Expenses | 4015.06 | 4107.70 |
| Profit before tax | 433.94 | 401.27 |
| Profit for the period | 330.60 | 292.81 |
| Earnings per share (Basic and diluted) | 8.85 | 7.84 |
Assets and Liabilities
The company's total assets as of March 31, 2026, stood at ₹3336.53 lakh, a decrease from ₹3392.11 lakh in the previous year. Equity share capital remained constant at ₹373.50 lakh, while other equity increased to ₹2469.93 lakh from ₹2146.45 lakh. Total borrowings, both non-current and current, decreased significantly to ₹353.37 lakh from ₹718.92 lakh in the prior year.
Historical Stock Returns for Hisar Spinning Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | +3.05% | +2.67% | +5.65% | -7.50% | +303.45% |
How will the significant reduction in total borrowings impact the company's future capital allocation strategies?
What measures is Hisar Spinning Mills taking to reverse the slight decline in revenue from operations?
Will the implementation of new labour codes result in further recurring costs beyond the recognized past service expense?





























