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Other Textile Products
Quarterly Result12 Feb 2026, 02:07 pm

Kandagiri Spinning Mills Ltd. Reports Loss for Q3 and Q2 2025, Net Worth Erosion

AI Summary

Kandagiri Spinning Mills Ltd. has reported a loss before tax of Rs. 65.51 lakhs and Rs. 59.85 lakhs for the quarters ended December 31, 2025, and September 30, 2025, respectively. The company's net worth has also seen an erosion as of December 31, 2025. Despite incurring losses, the company intends to continue its yarn trading business, with promoters infusing additional funds as necessary. The consolidated financial results include the standalone results of the parent company and its associate, SPMM Healthcare Services Private Limited.

Key Highlights

  • Loss before tax of Rs. 65.51 lakhs for Q3 2025
  • Loss before tax of Rs. 59.85 lakhs for Q2 2025
  • Net worth erosion as of December 31, 2025
  • Promoters to infuse additional funds as needed
  • Consolidated financial results include parent company and associate SPMM Healthcare Services Private Limited