Subhash Silk Mills: Reports FY26 Audited Results with Net Loss

Subhash Silk Mills Limited has officially submitted its audited financial results for the fiscal year ended March 31, 2026. The Board of Directors approved these results on May 29, 2026. The financial statements reveal a net loss for the period, with earnings per share also reflecting this loss. The company has also confirmed an unmodified opinion from its auditors.

Subhash Silk Mills Releases Audited FY26 Financials

Subhash Silk Mills Limited has announced its audited financial results for the fiscal year concluding on March 31, 2026. The company’s Board of Directors formally approved these results during a meeting held on May 29, 2026. Accompanying the financial statements is the Report of the Auditors, which provides an unmodified opinion on the company’s financial performance and position.

Key Financial Highlights

The audited statement of profit and loss for the year ended March 31, 2026, indicates a net loss of ₹76,571.33 hundred. This contrasts with a net loss of ₹22,055.83 hundred in the previous fiscal year. Consequently, the basic and diluted earnings per share for the current year stand at (₹1.81), down from (₹0.52) in the prior year. The company’s total income for the year was ₹127,047.29 hundred, while total expenses amounted to ₹202,204.73 hundred.

Balance Sheet Overview

As of March 31, 2026, the total assets of Subhash Silk Mills Limited stood at ₹1,299,373.98 hundred. The company’s equity and liabilities were also reported, with total equity at ₹951,503.53 hundred and total liabilities at ₹347,870.45 hundred. Non-current assets were valued at ₹1,266,612.15 hundred, while current assets were ₹32,761.83 hundred.

Auditor’s Confirmation

In a separate declaration, Subhash Silk Mills Limited confirmed that the Auditors’ Report for the year ended March 31, 2026, carries an unmodified opinion, meaning it contains no qualifications or remarks.

Source: BSE

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