Super Spinning Mills Reports Mixed Q2 Results: Profit from Continuing Operations Offset by Discontinued Textile Losses

Super Spinning Mills Limited has announced its financial results for the quarter ended September 30, 2025, revealing a mixed performance with profits from continuing operations counterbalanced by losses from discontinued textile operations.

Financial Highlights

Net Profit: The company reported a net profit of Rs 25.74 lakhs for the quarter.
Revenue: Revenue from operations stood at Rs 158.52 lakhs, compared to Rs 158.63 lakhs in the same quarter last year.
Segment Performance:
- Continuing Operations (Rental Services): Profit of Rs 49.54 lakhs
- Discontinued Operations (Textiles): Loss of Rs 23.80 lakhs

Detailed Financial Performance

Particulars (in Rs. lakhs)	Q2 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025
Revenue from Operations	158.52	158.63	308.92	314.89
Other Income	20.24	4.76	29.64	15.63
Total Income	178.76	163.39	338.56	330.52
Total Expenses	111.82	146.74	222.76	280.80
Profit Before Tax	66.94	16.65	115.80	49.72
Net Profit	25.74	(13.20)	20.55	(46.27)

Segment-wise Analysis

The company's financial results reflect its transition following the discontinuation of textile operations:

Continuing Operations (Rental Services):
- Revenue: Rs 158.52 lakhs
- Segment Results: Rs 103.10 lakhs (before tax and finance cost)
Discontinued Operations (Textiles):
- The textile segment reported a loss of Rs 32.16 lakhs before tax.

Key Observations

The company's rental services segment has shown resilience, generating positive results.
Discontinued textile operations continue to impact overall profitability negatively.
Finance costs have decreased to Rs 36.15 lakhs in Q2 FY2026 from Rs 52.34 lakhs in Q2 FY2025.

Balance Sheet Highlights

As of September 30, 2025:

Total Assets: Rs 9,968.45 lakhs
Total Equity: Rs 5,539.76 lakhs
Total Liabilities: Rs 4,428.70 lakhs

Management Commentary

The Board of Directors approved these unaudited financial results at their meeting held on November 10, 2025. The company had previously informed stock exchanges about the discontinuation of its textile operations on August 31, 2023.

Earnings Per Share

Basic EPS for continuing operations: Rs 0.09
Basic EPS for discontinued operations: Rs (0.04)
Combined Basic EPS: Rs 0.05

Investors and analysts may note that these results reflect the company's ongoing transition phase as it moves away from textile operations and focuses on its rental services segment. The positive performance of the continuing operations suggests potential for future growth, while the company continues to manage the impact of its discontinued textile business.

Note: All figures are based on the unaudited financial results for the quarter ended September 30, 2025, as reported by Super Spinning Mills Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.29%	-4.72%	-15.09%	-19.67%	-42.69%	+62.47%

Super Spinning Mills Limited , a company transitioning from textile manufacturing to rental services, has released its unaudited financial results for the first quarter ended June 30, 2025. The company's performance reflects its ongoing shift in business focus and the challenges associated with discontinuing its textile operations.

Revenue and Profitability

For Q1 FY26, Super Spinning Mills reported:

Revenue from continuing operations (rental services): Rs 150.40 lakhs
Total income (including other income): Rs 159.80 lakhs
Profit before tax from continuing operations: Rs 48.86 lakhs
Loss from discontinued operations (textile): Rs 44.00 lakhs
Net loss for the period: Rs 5.19 lakhs

The company's rental services segment demonstrated profitability, with a profit before tax and finance costs of Rs 87.26 lakhs. However, this was partially offset by the losses from the discontinued textile operations.

Segment Performance

Segment	Revenue (Rs lakhs)	Profit/(Loss) before tax and finance cost (Rs lakhs)
Rental Services	150.40	87.26
Textiles (Discontinued)	-	(44.00)

Balance Sheet Highlights

As of June 30, 2025:

Total assets: Rs 9,957.78 lakhs
Total liabilities: Rs 4,443.78 lakhs
Total capital employed: Rs 5,514.01 lakhs

Key Financial Metrics

Earnings per share (EPS) for continuing operations: Rs 0.07
EPS for discontinued operations: Rs (0.08)
Overall EPS: Rs (0.01)

Business Transition

Super Spinning Mills Limited had previously announced the discontinuation of its textile operations on August 31, 2023. The company is now primarily focused on rental services, which is showing positive results in terms of profitability.

Management Commentary

Sumanth Ramamurthi, Chairman & Managing Director of Super Spinning Mills Limited, stated, "The Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2025. Our focus on rental services is yielding positive results, as evidenced by the segment's profitability. We continue to manage the transition away from our textile operations, which is reflected in the discontinued operations' performance."

The company's shift from textile manufacturing to rental services marks a significant change in its business model. While the rental services segment is showing promise, the company is still dealing with the financial impact of its discontinued textile operations. Investors and stakeholders will likely be watching closely to see how this transition progresses in the coming quarters.

Super Spinning Mills Limited's ability to grow its rental services business while managing the wind-down of its textile operations will be crucial for its future financial performance and stability.