Binny mills Limited has announced its unaudited financial results for the quarter ended 31st December 2025, revealing a widening net loss despite modest revenue growth. The Chennai-based textile company reported challenging financial performance with continued operational difficulties.

Financial Performance Overview

The company's financial metrics for Q3FY26 showed mixed results with revenue growth offset by increased losses:

Expenditure Analysis

The company's expenditure structure remained challenging with finance costs being the primary burden. Finance costs remained constant at ₹316.60 lakhs for the quarter, unchanged from the previous year. Purchase of stock-in-trade increased significantly to ₹91.34 lakhs from ₹49.14 lakhs in Q3FY25, representing an 85.94% increase. Other expenses decreased to ₹45.78 lakhs from ₹58.82 lakhs year-on-year, while employee benefit expenses dropped to ₹8.90 lakhs from ₹14.50 lakhs.

Nine-Month Performance

For the nine-month period ended 31st December 2025, Binny Mills reported improved performance compared to the previous year:

Key Financial Indicators

The company's earnings per share (EPS) for Q3FY26 stood at ₹(10.58) compared to ₹(9.78) in the corresponding quarter of the previous year. The paid-up equity share capital remained stable at ₹258.32 lakhs with a face value of ₹10 per share. Total comprehensive loss for the quarter was ₹273.40 lakhs compared to ₹252.54 lakhs in Q3FY25.

Balance Sheet Position

As of 31st December 2025, the company's total assets stood at ₹17,935.11 lakhs compared to ₹17,789.91 lakhs as of 31st March 2025. The company reported negative equity of ₹23,696.46 lakhs, reflecting accumulated losses over time. Investment property constituted the largest asset component at ₹15,906.73 lakhs.

Regulatory Compliance

The Board of Directors approved these unaudited financial results at their meeting held on 12th February 2026. The results were prepared in compliance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The financial statements were subject to a limited review by M/s. Ramesh & Ramachandran, Chartered Accountants, who issued an unqualified review report.

Binny mills Limited has announced a board meeting scheduled for February 12, 2026, to review its quarterly financial performance. The meeting represents a key milestone in the company's regulatory compliance and financial reporting process.

Meeting Details and Agenda

The Board of Directors meeting is scheduled for the following specifications:

The meeting will be conducted through video conferencing mode with the deemed venue at the company's registered office located at No.4, Karpagambal Nagar, Mylapore, Chennai - 600 004.

Regulatory Compliance

The announcement has been made in accordance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated this information to BSE Limited through its Corporate Compliance department.

The board will primarily focus on:

• Consideration and approval of unaudited financial results for the third quarter ended December 31, 2025
• Other agenda items as deemed necessary

Corporate Communication

The formal intimation was signed by G. Geetha, Company Secretary and Compliance Officer, dated February 4, 2026. This communication ensures transparency and keeps stakeholders informed about the company's financial reporting schedule.

The meeting follows standard corporate governance practices, allowing the board to review the company's performance for the quarter and make necessary approvals for regulatory filings.