
Corporate Action27 Jul 2026, 06:50 pm
Aastha Spintex Approves 1:1 Bonus, Dividend, and Fabric Expansion
AI Summary
Aastha Spintex Limited announced record audited financial results for FY 2025-26, reporting revenue of ₹352 Crore and a net profit of ₹23.8 Crore, marking a 2,200% profit growth over four years. The company also unveiled a three-pillar growth strategy: financial excellence, shareholder rewards, and vertical integration into fabric manufacturing. The Board approved a 1:1 bonus issue and recommended a final dividend of Re. 0.10 per share. This strategic move diversifies the company from yarn manufacturing into an integrated textile player, aiming to capture higher value addition in the textile value chain and capitalize on India's growing apparel market.
Key Highlights
- Record FY26 results: ₹352 Cr revenue, ₹23.8 Cr net profit.
- Approved 1:1 bonus issue and Re. 0.10 per share dividend.
- Strategic forward integration into fabric manufacturing.
- Capacity expanded by 127% to 17,457 MT.
- Achieved 2,200% profit growth over the last four years.
Price Impact
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