Pasupati Spinning & Weaving Mills Reports Q1 Results, Reappoints Managing Director
Pasupati Spinning & Weaving Mills Limited reported Q1 revenue of Rs. 2079.00 lacs, down 9.80% year-over-year. Despite the decrease, the company turned a profit of Rs. 1.00 lac, improving from a Rs. 18.00 lac loss in the previous year. The textile segment generated all the revenue, while the logistics segment reported no income. The Board approved the re-appointment of Ramesh Kumar Jain as Managing Director for 2025-2030 and remuneration for Whole Time Director Chander Mohan Sharma for 2025-2027, both subject to shareholder approval. The 45th AGM is scheduled for September 30, 2025.
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Pasupati Spinning & Weaving Mills Limited , a prominent player in the textile industry, has released its financial results for the first quarter alongside key board decisions.
Financial Performance
The company reported revenue from operations of Rs. 2079.00 lacs for Q1, compared to Rs. 2306.00 lacs in the same quarter last year, marking a decrease of 9.80%. Despite the revenue decline, Pasupati Spinning & Weaving Mills managed to turn a profit, reporting a net profit of Rs. 1.00 lac, a significant improvement from the loss of Rs. 18.00 lacs in the corresponding quarter of the previous year.
| Particulars (in Rs. Lacs) | Q1 Current | Q1 Previous | % Change |
|---|---|---|---|
| Revenue from Operations | 2079.00 | 2306.00 | -9.80% |
| Net Profit/(Loss) | 1.00 | (18.00) | - |
Segment Performance
The company operates in two segments:
- Textiles & Textile Articles: This segment generated a revenue of Rs. 2079.00 lacs during the quarter.
- Logistics & Warehousing Services: No revenue was reported from this segment in Q1.
Board Decisions
The Board of Directors has approved the re-appointment of Mr. Ramesh Kumar Jain as Managing Director for a period of five years, from April 1, 2025, to March 31, 2030. This decision is subject to shareholders' approval at the upcoming Annual General Meeting (AGM).
Additionally, the Board has approved remuneration for Whole Time Director Chander Mohan Sharma for the period from December 2025 to December 2027, also subject to shareholders' approval.
Annual General Meeting
The company has scheduled its 45th Annual General Meeting for September 30, 2025, to be held at the registered office in Village Kapriwas (Dharuhera), District Rewari, Haryana. In connection with the AGM, the Register of Members and Share Transfer books will remain closed from September 24, 2025, to September 30, 2025 (both days inclusive).
Pasupati Spinning & Weaving Mills continues to navigate the challenges in the textile industry, showing resilience by turning a profit despite reduced revenue. The reappointment of Mr. Ramesh Kumar Jain as Managing Director signals continuity in leadership as the company moves forward in a competitive market landscape.
Historical Stock Returns for Pasupati Spinning & Weaving Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.61% | +1.47% | +6.95% | +1.44% | +7.61% | +363.58% |
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