Pasupati Spinning & Weaving Mills Ltd reported a significant turnaround in profitability for the first quarter of FY27, with net profit surging to ₹1.57 crore from a mere ₹0.01 crore in the corresponding period of FY26. The company’s revenue from operations expanded by 25% year-on-year to ₹26.00 crore, reflecting robust performance across its core business verticals.

The board of directors approved the standalone unaudited financial results on August 12, 2026. The results were reviewed by B.K. Shroff & Co., Chartered Accountants, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Alongside the financial outcomes, the board addressed several key corporate governance matters, including the appointment of new independent directors and the continuation of existing board members past their age limits.

Financial Performance

The company’s top-line growth was supported by increased activity in its textile and logistics divisions. Revenue from operations stood at ₹2,600 lakh for the quarter ended June 30, 2026, compared to ₹2,079 lakh in the same quarter last year. Total revenue, which includes other income, reached ₹2,618 lakh.

Operating expenses were managed effectively despite the revenue expansion. Cost of material consumed rose to ₹833 lakh from ₹713 lakh, while employee benefits expense decreased slightly to ₹434 lakh from ₹456 lakh. Finance costs remained stable at ₹113 lakh. The company also disclosed that it has exercised the option under Section 200 of the Income Tax Act, 2025, making Minimum Alternate Tax (MAT) inapplicable and triggering a remeasurement of deferred tax assets and liabilities.

Segment-Wise Breakdown

The textiles segment continued to be the primary revenue driver, contributing ₹2,385 lakh to the total turnover. The logistics and warehousing services segment generated ₹215 lakh in revenue, marking its first full quarter of contribution in the current fiscal year compared to nil in the same period last year.

In terms of segment results before tax and finance cost:

• Textiles & Textile Articles: Reported a profit of ₹103 lakh, down from ₹145 lakh in Q1FY26.
• Logistics & Warehousing Services: Delivered a profit of ₹189 lakh, a significant improvement from a loss of ₹23 lakh in the previous year.

What the Numbers Show

A notable divergence exists between the operational performance of the two segments and the overall bottom line. While the core textiles segment saw a decline in pre-tax profits (from ₹145 lakh to ₹103 lakh), the logistics segment swung from a loss to a substantial profit of ₹189 lakh. This shift suggests that the logistics division is now a critical profit center, offsetting margin pressures in the traditional textile business. Furthermore, other income dropped sharply to ₹18 lakh from ₹83 lakh, indicating that the current quarter’s profit growth is primarily driven by operational efficiencies rather than non-operating gains.

Corporate Developments

The board meeting also focused on leadership continuity and structural changes:

• Board Appointments: Mr. Bhim Sain Goyal was appointed as an Additional Director with immediate effect, acting in the capacity of an Independent Director until August 11, 2031. His appointment is subject to ratification at the forthcoming annual general meeting (AGM).
• Continuation of Directors: The board recommended the continuation of Mr. Chander Mohan Sharma as Whole Time Director and Mr. Anil Kumar Jain as Independent Director upon attaining the ages of 70 and 75 years, respectively. Both appointments require shareholder approval at the AGM.
• Resignation: The board took note of the resignation of Mr. Umesh Chandra Tripathi, Independent Director, effective June 13, 2026.
• Committee Restructuring: The composition of the Audit Committee and Nomination & Remuneration Committee was updated to include Mr. Bhim Sain Goyal as a member, with Mr. Raj Kumar Gupta serving as Chairman for both.

The company has scheduled its 46th Annual General Meeting for September 30, 2026. The register of members will remain closed from September 24 to September 30, 2026. M/s Sumit Bajaj & Associates has been appointed as the scrutinizer for the e-voting process and poll at the AGM.

Additionally, the company noted that it had received compensation of ₹61.61 lakh on the acquisition of part of its factory land at Dharuhera in earlier years. A representation has been made to the competent authority for additional compensation of ₹614.64 lakh, which will be accounted for upon receipt.

Pasupati Spinning & Weaving Mills Ltd has closed its trading window for designated persons and connected persons, including their immediate relatives, effective from July 1, 2026. This measure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct for Prevention of Insider Trading. The restriction ensures that no insider trading occurs while the company prepares to release its financial performance data for the quarter ended June 30, 2026.

The trading window will remain shut until the end of 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This blackout period applies to all individuals with access to unpublished price-sensitive information (UPSI). The specific date for the board meeting, where the financial results will be declared, has not yet been finalized and will be communicated to the stock exchanges in due course.

Key Dates and Restrictions

The disclosure was submitted to BSE Limited by Ramesh Kumar Jain, Managing Director of pasupati spinning & weaving mills . The company's scrip code on the exchange is 503092. The closure is a standard procedural requirement to maintain market integrity and ensure a level playing field for all investors during the results season.