Suryaamba Spinning Mills reported a net loss of ₹55.31 lakh in the quarter ended June 2026, marking a significant reversal from the net profit of ₹61.04 lakh recorded in the corresponding quarter of the previous year. According to the company's unaudited financial results approved by the Board of Directors on August 13, 2026, this represents a complete shift in the company's profitability position year-over-year. The total income for Q1 FY2026 stood at ₹4,949.94 lakh, comprising revenue from operations of ₹4,926.53 lakh and other income of ₹23.41 lakh, while total expenses increased to ₹5,023.84 lakh from ₹5,179.22 lakh in the previous year's corresponding period.
The company's revenue from operations contracted by 6.2% year-on-year to ₹4,926.53 lakh, down from ₹5,253.12 lakh in Q1FY25. As reported in the unaudited financial statements, this revenue contraction contributed significantly to the overall deterioration in the company's financial performance during the quarter. The total income for the quarter stood at ₹4,949.94 lakh, reflecting the impact of reduced operational revenue on the company's overall financial position.
Total expenses increased to ₹5,023.84 lakh from ₹5,179.22 lakh in the previous year's corresponding period, primarily driven by higher other expenses and changes in inventory. According to the financial data, other expenses rose significantly to ₹1,108.16 lakh from ₹970.22 lakh in Q1FY25, which offset the benefits of reduced finance costs. The company incurred a pre-tax loss of ₹73.90 lakh compared to a pre-tax profit of ₹81.22 lakh in Q1FY25, indicating the company moved from profit to loss at the pre-tax level.
PBDT (Profit Before Depreciation and Tax) fell significantly to ₹0.79 crore in Q1 FY2026 from ₹2.33 crore in the same quarter last year. As reported in the unaudited results, PBT (Profit Before Tax) turned negative at ₹0.74 crore compared to a positive ₹0.82 crore in the previous year's corresponding quarter. The company's operating profit margin (OPM) compressed to 2.07% in the June 2026 quarter from 6.70% in the corresponding quarter of the previous year, indicating increased operational challenges during the quarter. The statutory auditors Manish N Jain & Co. issued a clean limited review report for the period ended June 30, 2026, providing assurance on the company's financial statements.
