Suryalata Spinning Mills Limited reported a consolidated net profit of ₹3,546 lakh for the financial year ended March 31, 2026, marking a substantial increase from ₹1,537 lakh in the previous year. The company’s standalone net profit for the period stood at ₹2,894 lakh, compared to ₹982 lakh in FY25. The Board of Directors has recommended a dividend of ₹2 per equity share, or 20%, specifically for non-promoter shareholders, subject to shareholder approval at the ensuing Annual General Meeting.

The Board, in its meeting held on May 25, 2026, approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s K.R.S. & Co., Chartered Accountants, issued an unmodified opinion on the annual financial statements. Revenue from operations for the consolidated entity for FY26 was ₹49,923 lakh, slightly higher than ₹49,945 lakh in the previous year. Standalone revenue from operations for the year was ₹49,012 lakh, compared to ₹49,106 lakh in FY25.

Financial Performance

The company’s profitability improved significantly despite marginal revenue movements. Total comprehensive income for the consolidated entity rose to ₹3,574 lakh in FY26 from ₹1,584 lakh in the prior year. On a standalone basis, total comprehensive income increased to ₹2,923 lakh from ₹1,029 lakh. The earnings per share (EPS) for the consolidated entity on a basic and diluted basis (not annualised) was ₹83.10 for FY26, up from ₹36.03 in the previous year. Standalone EPS was reported at ₹67.82, compared to ₹23.01 in FY25.

Key Financial Metrics (Consolidated, Amount in Lakhs)

Board Decisions and Appointments

Alongside the financial results, the Board approved several key appointments. Sri. Gautam Damodar Sawang (DIN: 11219711) was appointed as an Independent Director for a term of five years effective May 25, 2026, subject to shareholder approval. The Board also re-appointed M/s Brahmayya & Co as the Internal Auditor and M/s Aruna Prasad & Co as the Cost Auditor for the financial year 2026-27.

The Board recommended a dividend of 8%, or ₹8 per share, on Cumulative Redeemable Preference Shares with a face value of ₹100 each for FY26. Additionally, the company noted that promoters have volunteered to waive the dividend on their holdings of equity shares for the financial year 2025-26. The meeting commenced at 3.45 P.M. and concluded at 5.25 P.M. on May 25, 2026.

Suryalata Spinning Mills has notified BSE Limited of a Board of Directors meeting scheduled for Monday, May 25, 2026. The intimation, dated May 15, 2026, was filed in accordance with Regulation 33 read with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The upcoming board meeting has been convened to consider and approve several key items pertaining to the company's financial performance and shareholder returns for the period ended March 31, 2026. The following matters are on the agenda:

Regulatory Compliance

The board meeting intimation was submitted to BSE Limited through the BSE Listing Centre, in compliance with applicable SEBI listing regulations. The communication was signed by Vithaldas Agarwal, Managing Director (DIN: 00012774), on behalf of Suryalata Spinning Mills.

The company's board will deliberate on both standalone and consolidated audited results, covering the fourth quarter as well as the full financial year ended March 31, 2026. Dividend decisions for both preference and equity shareholders are also expected to be addressed at the meeting.