Suryalakshmi Cotton Mills Limited reported a net profit of ₹311.54 lakh for the financial year ended March 31, 2026. The company's total income for the year stood at ₹80,494.15 lakh, while total expenses were ₹80,037.87 lakh. For the fourth quarter, the net profit was ₹82.51 lakh on a total income of ₹24,186.41 lakh. The statutory auditors issued an unmodified opinion on the audited financial statements.

Financial Performance

The board noted that export sales were marginally affected due to US tariffs, geopolitical unrest, and other global factors, though the consequential impact on the financial statements was not considered material. Exceptional items for the year included interest income of ₹483.87 lakh received on a refund of deposit from the Department of Customs and a write-off of an insurance claim receivable amounting to ₹457.70 lakh.

Board Decisions and Appointments

The Board of Directors approved the audited financial results and the reconstitution of various committees, including the Audit Committee and Nomination & Remuneration Committee, effective July 27, 2026. This follows the completion of the tenure of Sri Dhruv Vijai Singh and the appointment of Sri Venkata Phani Kiran Kumar Immaneni as an Independent Director for a period of five years. The board also approved the re-appointment of M/s. K. Vijayaraghavan & Associates, LLP as Internal Auditors, M/s. S. Hariharan & Associates as Cost Auditors, and M/s. Brahmayya & Co. as Tax Auditors for the financial year 2026-27.

Preference Shares and Dividend

The board approved the waiver of preference dividend for FY 2025-26 for both 10% Cumulative Redeemable Preference Shares and 5% Non-Cumulative Redeemable Preference Shares. The redemption period for 5,00,000 10% Cumulative Redeemable Preference Shares of ₹100 each was extended to August 17, 2029, to facilitate better cash flow management. Additionally, the board approved the redemption of 2,00,000 5% Non-Cumulative Redeemable Preference Shares aggregating to ₹2,00,00,000 out of the profits of the company. The board did not recommend any dividend on equity shares for FY 2025-26.

Suryalakshmi Cotton Mills Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the compliance certificate dated April 01, 2026, with both the National Stock Exchange of India Limited and BSE Limited on April 02, 2026. The submission was signed by E. V. S. V. Sarma, Company Secretary and Compliance Officer, confirming adherence to the regulatory requirements.

Certificate Issuance

KFin Technologies Limited, serving as the Registrar to an Issue and Share Transfer Agent for Suryalakshmi Cotton Mills Limited, issued certificates to both Central Depository Services (India) Limited and National Securities Depository Limited. The certificates were signed by Praveen Chaturvedi, Senior Vice President at KFin Technologies Limited.

Compliance Confirmation

The certificate confirms that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been furnished to all stock exchanges where the company's shares are listed. This compliance ensures transparency in the dematerialization and rematerialization process as mandated by SEBI regulations.

Company Information

Suryalakshmi Cotton Mills Limited operates as an ISO 9001:2015 and ISO 14001:2015 certified company and holds the status of a Government Recognised Export House. The company maintains its registered office at Surya Towers, 6th Floor, 105 Sardar Patel Road, Secunderabad, Telangana.