Katare Spinning Mills Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a net loss of ₹28.82 lakh for the quarter and a total comprehensive loss of ₹28.82 lakh. For the half year, the net loss stood at ₹51.61 lakh, with a corresponding total comprehensive loss of ₹51.61 lakh. Revenue from operations for the quarter was ₹148.64 lakh.
Katare Spinning Mills Reports Financial Results for Q2 FY27
Katare Spinning Mills Limited has released its unaudited financial results for the quarter and half year ended September 30, 2026. The Board of Directors approved these results on November 12, 2026.
Quarterly Performance (Q2 FY27)
For the quarter ended September 30, 2026, the company reported total revenue from operations amounting to ₹148.64 lakh. Total expenses for the same period were ₹210.89 lakh. This resulted in a Profit/(Loss) before exceptional items and tax of (₹28.82 lakh). After accounting for tax expenses, the net Profit/(Loss) for the quarter was (₹28.82 lakh). The total comprehensive income for the quarter also stood at (₹28.82 lakh).
Half-Yearly Performance (H1 FY27)
For the six months ended September 30, 2026, Katare Spinning Mills recorded total revenue from operations of ₹223.03 lakh. Total expenses for the period amounted to ₹335.90 lakh, leading to a Profit/(Loss) before exceptional items and tax of (₹51.61 lakh). The net Profit/(Loss) for the half year was (₹51.61 lakh), with the total comprehensive income also reported as (₹51.61 lakh).
Key Financial Highlights
- Revenue from operations (Q2 FY27): ₹148.64 lakh
- Net Profit/(Loss) (Q2 FY27): ₹(28.82) lakh
- Net Profit/(Loss) (H1 FY27): ₹(51.61) lakh
- Basic EPS (Q2 FY27): ₹(1.01)
- Diluted EPS (Q2 FY27): ₹(1.01)
The company also provided its standalone statement of assets and liabilities as at September 30, 2026, and the unaudited cash flow statement for the period ended the same date.
Segmental Performance
The company operates in two business segments: Cotton yarn manufacturing and Solar power generation. For the quarter ended September 30, 2026, the Cotton yarn mfg. segment reported a loss of ₹29.11 lakh, while the Solar Power generation segment reported a profit of ₹0.28 lakh. The unallocated segment results contributed to the overall loss.
Other Disclosures
The financial results have been reviewed by the Audit Committee and approved by the Board of Directors. A Limited Review Report for the quarter ended September 30, 2026, has also been submitted.
Source: BSE
