Niwas Spinning Mills Reports ₹710.55 Lakhs Profit After Tax for FY26

Niwas Spinning Mills Ltd. has released its 42nd Annual Report for the financial year 2025-2026. The company reported sales of ₹65.92 Lakhs, a significant increase from Nil in the previous year, contributing to a total income of ₹838.14 Lakhs. Despite market challenges, the company achieved a profit after tax of ₹710.55 Lakhs, a substantial turnaround from ₹2.47 Lakhs in the prior year. The Directors have decided not to recommend any dividend due to accumulated losses and for resource conservation. The company operates solely in the Textile segment and is implementing measures for revival and overcoming current market situations.