Super Fine Knitters Limited , a textile manufacturer specializing in hosiery knitted fabrics and processing, has announced its unaudited financial results for the half-year ended September 30, 2025, showing improved operational performance.

Financial Highlights

The company reported a net profit of Rs 35.09 crore for the period, marking an 8.7% increase from Rs 32.24 crore in the previous comparable period. This growth in profitability comes alongside a significant rise in revenue from operations, which increased to Rs 1,821.26 crore from Rs 1,441.37 crore, representing a 26.4% year-on-year growth.

Key Performance Indicators

The company's basic earnings per share (EPS) improved to Rs 0.29 from Rs 0.26, reflecting an 11.5% increase.

Operational Performance

Super Fine Knitters' board of directors approved these unaudited financial results at a meeting held on November 14, 2025. The results show a robust growth in the company's core operations, with the revenue increase outpacing the growth in net profit, suggesting potential pressures on margins or increased operational costs.

Balance Sheet Highlights

As of September 30, 2025, Super Fine Knitters reported:

• Total assets of Rs 4,106.94 crore, up from Rs 3,978.89 crore as of March 31, 2025
• Equity share capital remained unchanged at Rs 1,239.31 crore
• Other equity increased to Rs 1,195.91 crore from Rs 1,159.99 crore

Cash Flow and Liquidity

The company's cash and cash equivalents stood at Rs 12.37 crore as of September 30, 2025, compared to Rs 8.72 crore at the end of the previous fiscal year, indicating an improvement in liquidity position.

Auditor's Review

Sumit Bharti & Associates, the company's statutory auditors, conducted a limited review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

The textile manufacturer's performance in the first half of the fiscal year 2025 demonstrates resilience and growth in a competitive market environment. The increase in revenue and profitability may be attributed to factors such as improved operational efficiency, potentially favorable market conditions, or successful business strategies implemented by the company.

Investors and stakeholders may view these results positively, considering the growth in both top-line and bottom-line figures. However, it will be important to monitor how Super Fine Knitters manages its growth and maintains profitability in the face of potential challenges such as raw material costs and market competition in the coming quarters.

Super Fine Knitters Limited, a prominent textile manufacturer, has announced significant changes in its audit structure alongside the notice for its 27th Annual General Meeting (AGM). The company disclosed that its statutory auditors, R.K. Deepak & Co., Chartered Accountants, have resigned effective September 5, 2025, citing pre-occupation and unavoidable circumstances.

Auditor Transition

R.K. Deepak & Co., who were appointed on September 30, 2021, for a five-year term, stepped down before completing their tenure. The auditing firm confirmed that there were no material reasons for their resignation beyond those stated in their resignation letter, and no concerns were raised regarding the company's operations or financial reporting.

In response to this vacancy, Super Fine Knitters' Board of Directors, based on the Audit Committee's recommendation, has proposed the appointment of M/s. Sumit Bharti & Associates, Chartered Accountants, as the new statutory auditors. This appointment, if approved by shareholders, will be effective from the conclusion of the upcoming 27th AGM until the 28th AGM.

AGM and Other Appointments

The company's 27th AGM is scheduled for September 30, 2025, at its registered office in Ludhiana. Key agenda items include:

• Consideration of the appointment of new statutory auditors
• Voting on the reappointment of Mrs. Gita Lakra as a Whole Time Director

Additionally, Super Fine Knitters has proposed the appointment of M/s PDM & Associates as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30. This aligns with recent SEBI regulations requiring listed entities to appoint peer-reviewed company secretaries for this role.

Corporate Governance Focus

While specific financial details were not provided in the main announcement, the company's decision to change auditors and comply with new regulatory requirements suggests a focus on maintaining strong corporate governance practices.

Super Fine Knitters Limited, known for manufacturing knitted apparels and fabrics for national and international brands, continues to position itself as a key player in India's textile industry. The upcoming AGM and proposed changes in the audit structure mark important developments for the company as it moves forward in the evolving regulatory landscape of India's corporate sector.

Shareholders and interested parties can access the full AGM notice and annual report on the company's website for more detailed information on these developments and the company's performance.