Latest news about Super Spinning Mills
Super Spinning Mills
4.98
-0.04(-0.80%)
Company Performance:
View Company Insights1D-0.80%
1M-9.78%
6M-44.48%
1Y-49.75%
5Y-20.95%
More news about Super Spinning Mills
05Feb 26
Super Spinning Mills Announces Postal Ballot E-Voting Schedule for Land Disposal Approval
Super Spinning Mills Limited has announced the postal ballot e-voting schedule from February 6 to March 7, 2026, seeking shareholder approval for disposing land at SUPER B UNIT in Andhra Pradesh. The 15.30-acre property represents 33.54% of the company's net worth and the proceeds will be used for debt reduction and business requirements.
29Nov 25
Super Spinning Mills Secures Credit Ratings for Bank Facilities Worth Rs. 14.51 Crore
Super Spinning Mills Limited has received credit ratings from CARE Ratings for its bank facilities. The company's long-term bank facilities of Rs. 14.12 crore have been reaffirmed at 'CARE BB+ Stable', indicating moderate risk of default. A new rating of 'CARE A4+' has been assigned to short-term bank facilities of Rs. 0.39 crore, suggesting minimal default risk for short-term obligations. The total rated facilities amount to Rs. 14.51 crore.
10Nov 25
Super Spinning Mills Reports Mixed Q2 Results: Profit from Continuing Operations Offset by Discontinued Textile Losses
Super Spinning Mills Limited announced Q2 FY2026 results with a net profit of Rs 25.74 lakhs. Revenue from operations was Rs 158.52 lakhs. Continuing operations (rental services) showed a profit of Rs 49.54 lakhs, while discontinued textile operations reported a loss of Rs 23.80 lakhs. The company's rental services segment demonstrated resilience, while discontinued textile operations continued to negatively impact overall profitability. Finance costs decreased to Rs 36.15 lakhs from Rs 52.34 lakhs in the same quarter last year.
07Aug 25
Super Spinning Mills Reports Q1 FY26 Results: Rental Services Show Profit Amid Discontinued Textile Operations
Super Spinning Mills Limited released Q1 FY26 results, showing a transition from textile manufacturing to rental services. The company reported revenue of Rs 150.40 lakhs from continuing operations (rental services) and a total income of Rs 159.80 lakhs. Profit before tax from continuing operations was Rs 48.86 lakhs, while discontinued textile operations resulted in a loss of Rs 44.00 lakhs. The rental services segment showed profitability with Rs 87.26 lakhs profit before tax and finance costs. Overall, the company reported a net loss of Rs 5.19 lakhs for the period. The balance sheet showed total assets of Rs 9,957.78 lakhs and total liabilities of Rs 4,443.78 lakhs.
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144.28
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