Pasupati Spinning & Weaving Mills Limited has published its unaudited financial results for the third quarter ended December 31, 2025, in newspapers as required under SEBI regulations. The textile manufacturer reported mixed performance with revenue growth but declining profitability compared to the corresponding period last year.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by publishing its Q3FY26 financial results in Financial Express (English) and Jansata (Hindi) editions dated February 8, 2026. The results were approved in the Board of Directors meeting held on February 7, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 showed contrasting trends in revenue and profitability metrics:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company demonstrated improved profitability despite revenue decline:

Segment-wise Revenue Performance

The company operates through two primary business segments with distinct performance patterns. The Textiles & Textile Articles segment recorded Rs. 2,353 lacs in Q3FY26 versus Rs. 2,375 lacs in Q3FY25, representing a decline of 0.93%. For the nine-month period, this segment generated Rs. 6,722 lacs compared to Rs. 6,987 lacs in the previous year, showing a decrease of 3.79%.

The Logistic & Warehousing Services segment demonstrated strong growth with Rs. 213 lacs in Q3FY26 against Rs. 156 lacs in Q3FY25, marking an increase of 36.54%. For the nine-month period, this segment achieved Rs. 392 lacs versus Rs. 278 lacs, reflecting growth of 41.01%.

Corporate Governance and Management

The financial results were signed and submitted by Ramesh Kumar Jain, Managing Director (DIN: 00575142), on February 9, 2026. The company maintains transparency in its financial reporting and adheres to all regulatory requirements for listed entities on BSE Limited.

Pasupati Spinning & Weaving Mills Limited, a prominent player in the textile industry, has announced significant leadership and auditing changes following its 45th Annual General Meeting (AGM) held on September 30, 2025. The shareholders approved two key appointments that are set to shape the company's governance and compliance landscape for the coming years.

Re-appointment of Managing Director

Shareholders approved the re-appointment of Ramesh Kumar Jain as Managing Director, extending his tenure for another five years, from April 1, 2025, to March 31, 2030. This decision comes as Jain approaches his 70th birthday on October 24, 2025, demonstrating the board's trust in his continued leadership.

Jain brings extensive experience to his role, with the company citing his "immense and rich business experience in the Textile Industry" as a key factor in his re-appointment. His leadership is expected to provide continuity and strategic direction to Pasupati Spinning and Weaving Mills in the coming years.

Notably, Ramesh Kumar Jain is the father of Vidit Jain, who serves as the Whole Time Director of the company, highlighting the Jain family's significant involvement in the company's management.

Appointment of New Secretarial Auditors

Shareholders also approved a change in the company's secretarial auditing. M/s. Sumit Bajaj & Associates, a peer-reviewed firm of Company Secretaries, has been appointed as the new Secretarial Auditors for a term of five consecutive years, covering the financial years from 2025-26 to 2029-30.

Sumit Bajaj & Associates is known for its specialized services in corporate laws, capital market transactions, compliance audits, corporate governance, and mergers and acquisitions. Their appointment is expected to ensure rigorous compliance and governance practices within the company.

Implications for Corporate Governance

These appointments reflect Pasupati Spinning and Weaving Mills' commitment to maintaining strong leadership and ensuring robust corporate governance. The re-appointment of an experienced Managing Director, coupled with the engagement of a reputable secretarial auditing firm, signals the company's focus on transparency and regulatory compliance.

The decisions made at the AGM were in line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and were promptly disclosed to the BSE Ltd., where the company's shares are listed under the scrip code 503092.

As Pasupati Spinning and Weaving Mills moves forward with these appointments, stakeholders will be watching closely to see how these decisions impact the company's performance and governance in the textile industry landscape.