NewsEarningsSuryalata Spinning Mills Reports 970% Surge in Q1 Net Profit, Appoints New Secretarial AuditorsSuryalata Spinning Mills Reports 970% Surge in Q1 Net Profit, Appoints New Secretarial Auditors
Suryalata Spinning Mills Limited, a synthetic blended yarn manufacturer, reported a 970% increase in standalone net profit to ₹428.00 lakhs for Q1 FY2026. Revenue from operations grew by 7.6% to ₹12,313.00 lakhs, while EBITDA expanded by 83.8% to ₹1,182.00 lakhs. The company's EPS rose from ₹0.93 to ₹10.04. On a consolidated basis, revenue increased by 7.3% to ₹12,609.00 lakhs, with net profit jumping 189.1% to ₹584.00 lakhs. The company announced its 42nd AGM for September 27, 2025, appointed new Secretarial Auditors, and set September 24, 2025, as the record date for final dividend eligibility.
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Suryalata Spinning Mills Limited , a player in the synthetic blended yarn segment, has reported a remarkable financial performance for the first quarter of the fiscal year. The company's standalone net profit skyrocketed by 970% to ₹428.00 lakhs, compared to ₹40.00 lakhs in the same quarter of the previous year.
Financial Highlights
The company's standalone revenue from operations grew by 7.6% to ₹12,313.00 lakhs, up from ₹11,438.00 lakhs in the corresponding quarter. This growth was accompanied by a significant expansion in EBITDA, which surged by 83.8% to ₹1,182.00 lakhs.
Here's a breakdown of the key financial metrics:
| Particulars (Standalone) | Q1 FY2026 (₹ in lakhs) | Q1 FY2025 (₹ in lakhs) | YoY Change |
|---|---|---|---|
| Revenue from Operations | 12,313.00 | 11,438.00 | +7.6% |
| EBITDA | 1,182.00 | 643.00 | +83.8% |
| Net Profit | 428.00 | 40.00 | +970% |
| EPS (₹) | 10.04 | 0.93 | +979.6% |
The company's earnings per share (EPS) showed a substantial increase, rising from ₹0.93 to ₹10.04.
Consolidated Performance
On a consolidated basis, Suryalata Spinning Mills and its subsidiary reported equally impressive results. The consolidated revenue increased by 7.3% to ₹12,609.00 lakhs, while the net profit saw a significant jump of 189.1% to ₹584.00 lakhs.
Corporate Updates
In addition to the financial results, the company's Board of Directors made several key announcements:
The 42nd Annual General Meeting (AGM) is scheduled for September 27, 2025, and will be conducted through video conference or other audio-visual means.
The Board has approved the appointment of M/s Prerna & Co., Practicing Company Secretaries, as the Secretarial Auditors of the company. This appointment is for a term of five years, from FY 2025-2026 to FY 2029-2030, subject to shareholder approval at the upcoming AGM.
The company has set September 24, 2025, as the record date for determining members eligible to receive the final dividend for the financial year ended March 31, 2025.
The Register of Members and Share Transfer Books will remain closed from September 20, 2025, to September 27, 2025 (both days inclusive) for the purpose of the AGM.
Vithaldas Agarwal, Managing Director of Suryalata Spinning Mills Limited, signed off on these announcements, which were made following the Board meeting held on August 9, 2025.
The robust financial performance and corporate governance measures reflect Suryalata Spinning Mills' strong position in the synthetic blended yarn market and its commitment to transparency and shareholder value.
Historical Stock Returns for Suryalata Spinning Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.27% | -2.84% | -4.32% | +6.11% | -12.39% | +317.02% |
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