Pasupati Spinning & Weaving Mills Limited has announced its standalone unaudited financial results for the third quarter ended December 31, 2025. The textile manufacturer reported mixed performance with revenue growth but declining profitability compared to the corresponding period last year.

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:

Textiles & Textile Articles:

• Q3FY26: Rs. 2,353 lacs vs Q3FY25: Rs. 2,375 lacs (-0.93%)
• 9M FY26: Rs. 6,722 lacs vs 9M FY25: Rs. 6,987 lacs (-3.79%)

Logistic & Warehousing Services:

• Q3FY26: Rs. 213 lacs vs Q3FY25: Rs. 156 lacs (+36.54%)
• 9M FY26: Rs. 392 lacs vs 9M FY25: Rs. 278 lacs (+41.01%)

Cost Structure and Operational Metrics

The company's cost analysis reveals several key operational trends. Cost of material consumed decreased to Rs. 666 lacs in Q3FY26 from Rs. 881 lacs in Q3FY25. Power & fuel expenses declined to Rs. 314 lacs from Rs. 382 lacs year-on-year. However, other expenses increased significantly to Rs. 310 lacs from Rs. 211 lacs in the corresponding quarter.

Earnings Per Share and Capital Structure

The company reported basic and diluted earnings per share of Rs. 0.29 for Q3FY26 compared to Rs. 0.54 in Q3FY25. The paid-up equity share capital remained unchanged at Rs. 934 lacs with face value of Rs. 10 per share.

Corporate Governance and Compliance

The Board of Directors meeting was held on February 7, 2026, commencing at 3:30 PM and concluding at 4:15 PM. The board approved the standalone unaudited financial results and reviewed related party transactions for the quarter ended December 31, 2025. The results were audited by B.K. Shroff & Co., Chartered Accountants, who issued an unqualified review report.

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.