Katare Spinning Mills Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, showing a narrowed net loss despite declining revenues. The Solapur-based textile manufacturer reported improved bottom-line performance compared to the previous year, though operational challenges persist across its business segments.

Financial Performance Overview

The company's financial metrics for Q3 FY26 demonstrate mixed results with loss reduction but revenue contraction:

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company's performance showed similar trends with reduced losses but lower revenues. Revenue from operations declined to ₹180.97 lakhs from ₹373.06 lakhs in the corresponding period of FY25. The net loss for nine months stood at ₹88.19 lakhs compared to ₹130.18 lakhs in the previous year, representing a 32.3% improvement in loss reduction.

Segment-wise Business Performance

The company operates through two primary business segments with varying performance levels:

The cotton yarn manufacturing segment, which forms the core business, experienced significant revenue decline from ₹197.10 lakhs to ₹86.67 lakhs. The solar power generation segment showed marginal growth in revenue from ₹13.78 lakhs to ₹14.99 lakhs.

Expense Management and Cost Structure

Total expenses for Q3 FY26 decreased to ₹135.34 lakhs from ₹251.99 lakhs in Q3 FY25. Key expense components included depreciation and amortisation expenses of ₹32.79 lakhs, other expenses of ₹42.92 lakhs, and employee benefits expense of ₹5.07 lakhs. The company reported changes in inventories of work-in-progress and finished goods amounting to ₹54.43 lakhs during the quarter.

Balance Sheet and Cash Flow Position

As of December 31, 2025, the company maintained total assets of ₹11,935.04 lakhs compared to ₹12,069.45 lakhs as of March 31, 2025. The company's cash and cash equivalents stood at ₹8.28 lakhs. Net cash flow from operating activities showed positive generation of ₹25.54 lakhs for the nine-month period, indicating improved operational cash management despite the reported losses.

Board Approval and Compliance

The Board of Directors approved these unaudited financial results at their meeting held on February 6, 2026. The results were reviewed by the Audit Committee and subjected to limited review by the company's statutory auditors. The company continues to comply with Indian Accounting Standards (Ind AS) and SEBI listing regulations for financial reporting.

Katare Spinning Mills Limited has announced a board meeting scheduled for February 06, 2026, to review and approve the company's third quarter financial performance for FY26. The meeting represents a key corporate governance milestone as the textile manufacturer prepares to disclose its quarterly financial results to stakeholders.

Board Meeting Details

The Board of Directors will convene on Friday, February 06, 2026 at 04.00 p.m. at the company's registered office located in Solapur. The primary agenda involves consideration of the unaudited standalone financial results for both the quarter and nine months ended December 31, 2025.

Regulatory Compliance

The meeting notification has been issued pursuant to Regulation 29 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to inform stock exchanges about board meetings scheduled to consider financial results, ensuring transparency and timely disclosure to market participants.

Trading Window Restrictions

In accordance with insider trading regulations, Katare Spinning Mills Limited has implemented a trading window closure affecting specific categories of individuals. The restriction period spans from January 30, 2026 to February 06, 2026, both days inclusive.

The trading window closure is a standard regulatory measure designed to prevent insider trading during periods when material financial information is being finalized and approved by the board.

Company Information

Katare Spinning Mills Limited operates from its registered office at "Katare Complex", 14/30, Raviwar Peth, 2nd Wing, Ground Floor, Gandhi Nagar, Akkalkot Road, Solapur- 413 005. The company's manufacturing facility is located at "Kamala Nagar", Tamalwadi, Tal. Tuljapur. The notification was signed by Kishore Katare, Managing Director (DIN: 00645013), and communicated to BSE under scrip code 502933.