Suryaamba Spinning Mills Reports 37% Surge in Q1 FY2026 Net Profit
Suryaamba Spinning Mills Limited announced strong Q1 FY2026 results. Net profit after tax increased by 37.2% to ₹83.72 lakhs, while total income grew 5.3% to ₹5,537.80 lakhs. Profit before tax rose 32% to ₹107.21 lakhs, and earnings per share improved to ₹2.86, up 37.5%. The Board of Directors approved these unaudited results, which were reviewed by statutory auditors with an unmodified opinion. The company's paid-up equity share capital remained stable at ₹293.19 lakhs.
01Aug 25
Suryaamba Spinning Mills Re-appoints Mayank Agarwal as Whole-time Director for Five-Year Term
Suryaamba Spinning Mills Limited has announced the reappointment of Mayank Agarwal as Whole-time Director for a five-year term from August 1, 2025, to July 31, 2030, subject to shareholder approval. Agarwal, 35, holds an Industrial Engineering degree from Michigan University and an MFAB from Indian School of Business. He brings expertise in business management, marketing, finance, and strategic planning. Agarwal is related to the company's Managing Director and Joint Managing Director.