Bannari Amman Spinning Mills Swings to Profit in Q1, Reports Rs 5.03 Crore PAT Aug 11, 2025
Bannari Amman Spinning Mills reported a profit after tax of Rs 5.03 crore in Q1, compared to a loss of Rs 32.30 crore in the same quarter last year. Revenue increased marginally by 0.7% to Rs 217.39 crore. The company's EBITDA margin improved to 11.1% from 6.9%. A successful rights issue raised Rs 407.15 crore. The Board approved a 9.74 MW solar power project. The company is in the process of selling its garment unit at Palladam and land at SIPCOT, Perundurai, pending lender approvals.
Bannari Amman Spinning Mills Secures Shareholder Approval for Warrant Issuance to Promoters Aug 01, 2025
Bannari Amman Spinning Mills Turns Profitable in Q4, Reports Improved EBITDA May 21, 2025
Bannari Amman Spinning Mills Unveils Details of ₹40.71 Crore Rights Issue Apr 24, 2025