Katare Spinning Mills Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹22.80 Lakh for the period. Revenue from operations stood at ₹74.39 Lakh, a decrease compared to the previous year’s corresponding quarter. Total expenses exceeded revenues, leading to the reported loss.
Katare Spinning Mills Q1 FY27 Financial Highlights
Katare Spinning Mills Limited has disclosed its standalone unaudited financial results for the quarter that concluded on June 30, 2026. The Board of Directors approved these results following a recommendation from the Audit Committee.
Key Financial Figures:
- Revenue from operations: ₹74.39 Lakhs (compared to ₹67.85 Lakhs in the corresponding quarter of the previous year).
- Profit/(Loss) before exceptional items and tax: ₹(22.80) Lakhs.
- Net Profit/(Loss) for the period: ₹(22.80) Lakhs.
- Total Comprehensive Income: ₹(22.80) Lakhs.
Segmental Performance
The company operates in two primary business segments: Cotton yarn manufacturing and Solar power generation.
- Segment Revenue – Cotton yarn mfg.: ₹52.83 Lakhs (Unaudited for current quarter).
- Segment Revenue – Solar Power generation: ₹21.56 Lakhs (Unaudited for current quarter).
- Segment Results (Profit)/Loss before tax and interest – Cotton yarn mfg.: ₹(27.93) Lakhs.
- Segment Results (Profit)/Loss before tax and interest – Solar Power generation: ₹5.40 Lakhs.
The limited review report for these financial results has been provided by G. M. Pawle and Associates, Chartered Accountants.
Source: BSE
