News Earnings Suryavanshi Spinning Mills Reports Strong Q3FY26 Turnaround with ₹265.09 Lakhs Net ProfitSuryavanshi Spinning Mills Reports Strong Q3FY26 Turnaround with ₹265.09 Lakhs Net Profit
Suryavanshi Spinning Mills Limited reported exceptional Q3FY26 results with net profit of ₹265.09 lakhs versus loss of ₹126.97 lakhs in Q3FY25, driven by revenue growth to ₹248.39 lakhs from ₹24.18 lakhs year-on-year. Nine months performance showed net profit of ₹192.84 lakhs against previous year loss of ₹506.89 lakhs, with revenue reaching ₹516.79 lakhs. The Board approved these unaudited results on January 29, 2026.
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Suryavanshi Spinning Mills Limited has delivered a strong financial turnaround in Q3FY26, reporting net profit of ₹265.09 lakhs compared to a loss of ₹126.97 lakhs in the corresponding quarter of the previous year. The Board of Directors approved the unaudited financial results for the quarter ended December 31, 2025, in their meeting held on January 29, 2026.
Quarterly Financial Performance
The company demonstrated exceptional revenue growth with operations revenue reaching ₹248.39 lakhs in Q3FY26, representing a substantial increase from ₹24.18 lakhs in Q3FY25. Total income for the quarter stood at ₹249.63 lakhs compared to ₹46.77 lakhs in the previous year.
| Financial Metrics | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹248.39 lakhs | ₹24.18 lakhs | +927% |
| Total Income | ₹249.63 lakhs | ₹46.77 lakhs | +434% |
| Total Expenses | ₹135.70 lakhs | ₹55.10 lakhs | +146% |
| Net Profit/(Loss) | ₹265.09 lakhs | (₹126.97 lakhs) | Turnaround |
Nine Months Performance
For the nine months ended December 31, 2025, Suryavanshi Spinning Mills achieved remarkable improvement with net profit of ₹192.84 lakhs against a loss of ₹506.89 lakhs in the corresponding period of FY25. Revenue from operations for the nine-month period reached ₹516.79 lakhs compared to ₹42.79 lakhs in the previous year.
| Nine Months Metrics | FY26 | FY25 | Performance |
|---|---|---|---|
| Revenue from Operations | ₹516.79 lakhs | ₹42.79 lakhs | +1108% |
| Total Income | ₹522.87 lakhs | ₹86.55 lakhs | +504% |
| Net Profit/(Loss) | ₹192.84 lakhs | (₹506.89 lakhs) | Turnaround |
Operational Segments Analysis
The company's performance was driven by both continuing and discontinued operations. Continuing operations reported profit of ₹113.93 lakhs in Q3FY26 versus a loss of ₹8.33 lakhs in Q3FY25. Discontinued operations contributed significantly with profit of ₹151.16 lakhs compared to a loss of ₹118.64 lakhs in the previous year quarter.
Earnings Per Share Performance
Earnings per share showed substantial improvement across all categories:
- Continuing Operations: ₹2.32 per share vs (₹0.17) in Q3FY25
- Discontinued Operations: ₹3.08 per share vs (₹2.42) in Q3FY25
- Combined Operations: ₹5.40 per share vs (₹2.59) in Q3FY25
Key Financial Notes
The company maintains accumulated losses of ₹2,421.98 lakhs as of December 31, 2025, with current liabilities exceeding current assets. However, management continues to prepare financial statements on a going concern basis considering the market value of immovable properties. The results include referral commission of ₹49.82 lakhs relating to the half year ended September 30, 2025, and ₹6.31 lakhs recognized without agreement confirmation. The spinning division operations were discontinued from November 1, 2023, with assets classified as held for sale valued at ₹224.22 lakhs.
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