Katare Spinning Mills: FY26 Net Loss ₹2.16 Cr

Katare Spinning Mills Ltd's board approved and recorded the audited financial results for the quarter and year ended March 31, 2026, as recommended by the Audit Committee. The company's spinning division remained substantially non-operational, incurring a net loss of ₹2,16,43,306 for the year. Auditors have issued a qualified opinion due to concerns about the non-operational status and deferred tax liabilities. There is material uncertainty regarding the company's ability to continue as a going concern.