Vippy Spinpro FY26 Net Profit Rises to ₹1,198.21 Lakh

1 min read     Updated on 23 May 2026, 03:15 PM
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Vippy Spinpro Limited announced its audited financial results for the year ended March 31, 2026, reporting a net profit of ₹1,198.21 lakh compared to ₹1,148.74 lakh in the previous year. Revenue from operations for FY26 was ₹26,818.90 lakh, while total income stood at ₹27,169.64 lakh. The Board approved the results on May 22, 2026, and the statutory auditors issued an unmodified opinion.

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Vippy Spinpro Limited has announced its audited financial results for the financial year ended March 31, 2026. The Board of Directors approved the financial statements and results during a meeting held on May 22, 2026. The company also published the extract of these audited financial results in newspapers on May 23, 2026, under Regulation 47 of the SEBI (LODR) Regulations, 2015.

For the full year, the company reported a net profit of ₹1,198.21 lakh, an increase from ₹1,148.74 lakh in the corresponding period of the previous year. Revenue from operations for FY26 stood at ₹26,818.90 lakh, compared to ₹27,945.45 lakh in FY25. Total income from operations for the year was ₹27,169.64 lakh.

Financial Performance

The company's total expenses for the year amounted to ₹25,442.89 lakh, lower than the ₹26,491.33 lakh recorded in the previous year. Profit before tax for the year was ₹1,726.75 lakh, slightly up from ₹1,645.51 lakh in the prior year. The basic and diluted earnings per share (EPS) for the year were reported at 20.41, compared to 19.57 in the previous year.

Quarterly Results

For the quarter ended March 31, 2026, Vippy Spinpro reported a net profit of ₹338.00 lakh. Revenue from operations for the quarter stood at ₹8,869.24 lakh, while total income was ₹9,008.84 lakh. Total expenses for the quarter were ₹8,528.05 lakh.

Financial Position

The company's total assets as of March 31, 2026, stood at ₹22,980.41 lakh, a significant increase from ₹13,080.06 lakh in the previous year. This growth was driven by a rise in both non-current and current assets. Non-current assets increased to ₹11,539.37 lakh from ₹5,779.58 lakh, while current assets rose to ₹11,441.04 lakh from ₹7,300.48 lakh.

On the liabilities side, total equity and liabilities increased to ₹22,980.41 lakh from ₹13,080.06 lakh. Total equity stood at ₹9,973.07 lakh, while total liabilities were recorded at ₹13,007.34 lakh.

Metric FY26 (₹ in lakhs) FY25 (₹ in lakhs)
Revenue from Operations 26,818.90 27,945.45
Total Income 27,169.64 28,136.84
Total Expenses 25,442.89 26,491.33
Net Profit 1,198.21 1,148.74
EPS (Basic/Diluted) 20.41 19.57

The statutory auditors, R. S. Bansal & Co., Chartered Accountants, have issued an unmodified opinion on the financial results.

Historical Stock Returns for Vippy Spinpro

1 Day5 Days1 Month6 Months1 Year5 Years
+2.55%+6.76%+13.04%+11.90%-0.28%+182.88%

What strategic investments or acquisitions drove the near-doubling of Vippy Spinpro's total assets from ₹13,080 lakh to ₹22,980 lakh, and how will these translate into revenue growth in FY27?

Given that revenue from operations declined by approximately 4% despite a rise in net profit, what cost optimization measures is Vippy Spinpro planning to sustain margin improvement in the coming fiscal year?

How does Vippy Spinpro's significant increase in liabilities to ₹13,007 lakh impact its debt servicing capacity, and what is the company's strategy for managing leverage going forward?

Vippy Spinpro Appoints Internal and Cost Auditors for FY 2026-27

1 min read     Updated on 22 May 2026, 11:06 PM
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Reviewed by
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AI Summary

Vippy Spinpro Limited has appointed M/s. R.K. Saklecha & Associates as its Internal Auditor and M/s. M. Goyal & Co. as its Cost Auditor for the financial year 2026-27. The Board of Directors approved these appointments on May 22, 2026. M/s. R.K. Saklecha & Associates specializes in audit and taxation, while M/s. M. Goyal & Co. has extensive experience in cost audit across multiple sectors.

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Vippy Spinpro Limited has appointed new auditors for the financial year 2026-27. The Board of Directors approved the appointments during a meeting held on May 22, 2026.

The company has appointed M/s. R.K. Saklecha & Associates, Chartered Accountants, as the Internal Auditor. The firm is a practicing Chartered Accountant entity with expertise in audit, taxation, business modelling, and other commercial and accounting aspects of business.

Additionally, Vippy Spinpro has appointed M/s. M. Goyal & Co., Cost Accountants, as the Cost Auditor. Established in September 1990, the firm possesses 30 years of experience in cost audit. Its portfolio includes Central Public Sector Undertakings, State Government undertakings, and private sector companies in sectors such as cement, textile, power generation, and petroleum.

Auditor Appointments

The following table summarizes the details of the appointments:

Auditor Type Firm Name Term
Internal Auditor M/s. R.K. Saklecha & Associates Financial Year 2026-27
Cost Auditor M/s. M. Goyal & Co. Financial Year 2026-27

The appointments are effective for the specified financial year. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Vippy Spinpro

1 Day5 Days1 Month6 Months1 Year5 Years
+2.55%+6.76%+13.04%+11.90%-0.28%+182.88%

How might the appointment of experienced cost auditors like M/s. M. Goyal & Co. influence Vippy Spinpro's cost optimization strategies in the textile sector for FY 2026-27?

Could these new auditor appointments signal a broader governance overhaul at Vippy Spinpro, and what other structural changes might follow?

How will the findings from the new internal audit framework potentially impact Vippy Spinpro's financial transparency and investor confidence going forward?

More News on Vippy Spinpro

1 Year Returns:-0.28%