Super Spinning Mills Limited narrowed its net loss to ₹580.20 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹1,640.64 lakh in the previous year. Revenue from operations for the year stood at ₹682.04 lakh, a decrease from ₹687.06 lakh in FY25. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹713.39 lakh. Revenue from operations for the quarter was ₹175.10 lakh, down from ₹197.99 lakh in the corresponding period of the previous year. Total income for the quarter was ₹175.10 lakh. The statutory auditors issued an unmodified opinion on the audited financial results.

Financial Performance

The company's financial results for FY26 reflect the impact of discontinued textile operations. The profit from continuing operations for the year was ₹40.58 lakh, while the loss from discontinued operations was ₹620.78 lakh. Total expenses for the year increased to ₹612.62 lakh from ₹514.66 lakh in the previous year. Finance costs for the year stood at ₹139.53 lakh, down from ₹196.43 lakh in FY25.

Key Financial Metrics (FY26)

Board Decisions and Disclosures

The Board approved the re-appointment of Mr. A Palaniappan, Chartered Accountant, as the Internal Auditor of the company for the financial year 2026-27. Additionally, the Board convened the 64th Annual General Meeting for August 28, 2026, via Video Conferencing. The Register of Members and Share Transfer Books will be closed from August 22, 2026, to August 28, 2026.

A significant disclosure regarding power disputes was noted. The company is involved in several power disputes with Andhra Pradesh Gas Power Corporation Limited (APGCL) and Southern Power Distribution Company Limited (SPDCL). An amount of ₹8,324.06 lakh appears as arrear outstanding in the electricity bills of SPDCL. However, based on available data and management's assessment, the company estimated electricity payables at ₹1,907.56 lakh and provided ₹Nil lakh in the books of account as at March 31, 2026, compared to a provision of ₹852.24 lakh in the previous year.

super spinning mills has scheduled a meeting of its Board of Directors for Tuesday, May 26, 2026. The primary agenda for the meeting is to consider and approve the unaudited financial results of the company for the quarter ended March 31, 2026. Additionally, the board will transact other business matters as permitted during the session.

Trading Window Closure

In accordance with the SEBI (Prevention of Insider Trading) Regulations and the company's Code of Conduct for the prevention of Insider Trading, the trading window has been closed. The closure became effective from April 1, 2025, and will remain in place until 48 hours after the conclusion of the board meeting. The intimation regarding this closure was previously communicated to the stock exchanges on March 25, 2026.

Meeting Details

The following table summarizes the key details regarding the upcoming board meeting and the trading window closure:

The intimation regarding the board meeting was formally addressed to the Bombay Stock Exchange Ltd and the National Stock Exchange of India Limited on May 16, 2026. The company has requested the exchanges to place this information on their records.