Maris Spinners Ltd Announces Board Changes and Releases Unaudiited Financial Results for Quarter Ended June 30, 2026
Maris Spinners Limited disclosed significant personnel changes following its Board of Directors meeting held on August 7, 2026. The company also released its unaudited standalone financial results for the quarter ended June 30, 2026.The Board decisions included approving the financial outcomes for the specified quarter. Furthermore, the Board approved the resignation of Mr. N Sridharan as Company Secretary and Compliance Officer, effective August 31, 2026. The Board also ratified the appointment of Ms. Shanmuga Priya to assume the role of Company Secretary cum Compliance Officer, effective September 1, 2026.
Financial Performance Highlights
The unaudited standalone financial results for the quarter ended June 30, 2026, show detailed income and expenditure figures. The company's total revenue from operations was recorded at 4805.41 (X. in Lakhs), while other income stood at 16166. This resulted in a Total Income of 4,967.07 for the quarter ended June 30, 2026.Expenditure items included Cost of materials consumed at 287907 and Employee benefits expense at 38175. The company's profit from ordinary activities before tax stood at 512.69. Total tax expense/(Savings) was reported at 149.32, leading to a Profit for the Period of 363.37 (X. in Lakhs).
Key financial data points for Maris Spinners Limited are summarized below:
| Particulars | Quarter Ended June 30, 2026 (Un-Audited) | Quarter Ended March 31, 2026 (Un-Audited) | Quarter Ended June 30, 2025 (Un-Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 4,967.07 | 4,726.86 | 3,996.84 | 17,517.37 |
| Total Expenditure | 4,454.38 | 4,689.17 | 4,060.80 | 17,733.80 |
| Profit / (Loss) for the Period | 363.37 | 3332 | (45.34) | (146.80) |
Audit Confirmation
The company's unaudited financial statements were reviewed by independent auditors, Raghavan, Chaudhuri & Narayanan, Chartered Accountants, on August 7, 2026. The firm issued a Limited Review Report for the quarter ended June 30, 2026, stating that nothing had come to their attention that caused them to believe that the statements contained any material misstatement and were prepared in accordance with applicable Indian Accounting Standards.Stock Price Movement
As of 11:42, Maris Spinners Ltd. is performing strongly, currently ticking up at ₹35.28, representing a solid 20.00% climb. Shares traded today saw a significant intraday swing, ranging from a low of ₹29.60 to the high mark at ₹35.28.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.