Suryalata Spinning Mills Announces Q2 Results and Extends Independent Director's Tenure

Suryalata Spinning Mills Announces Q2 Results and Extends Independent Director's Tenure​

Suryalata Spinning Mills Ltd., an ISO 9001:2015 certified company, announced its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed several corporate governance matters, including the continuation of a key independent director and scheduled dates for its upcoming Annual General Meeting (AGM).

The Board meeting held on July 25, 2026, reviewed and approved both the standalone and consolidated financial results. The statutory auditors, K.S. Rao & Co., issued a Limited Review Report on the quarterly statements with an unmodified conclusion.

Financial Performance Highlights (Quarter ended June 30, 2026)​

The company reported strong performance across its operational metrics for the quarter ending June 30, 2026. The unaudited standalone results showed revenue from operations at 12,055 Lakhs and total income reaching 24,188 Lakhs. After expenses amounting to 9,060 Lakhs, the company reported a profit for the period of 413 Lakhs.

The consolidated financial statements reflected similarly robust performance. Revenue from operations was recorded at 12,384 Lakhs, while other income stood at 12,408 Lakhs. Total expenses were reported as 9,060 Lakhs, leading to a profit for the period after tax of 590 Lakhs. The earnings per equity share (EPS) basic and diluted in the consolidated results stood at 25.35 Lakhs for the quarter ended June 30, 2026.

A detailed view of the financial results is provided below:

Corporate Governance and AGM Schedule​

The Board meeting also addressed corporate structure and upcoming shareholder events:

• Director Continuity: Sri. Meka Yugandhar (DIN:00012265) has confirmed the continuation of his directorship as a Non-Executive Independent Director. Mr. Meka Yugandhar possesses more than four decades of experience in financial services and is a Chartered Accountant who handled CAR audits under ICAT Guidelines. His term continues as an Independent Director beyond the age of 75, extending up to June 28, 2029.
• AGM Details: The 43rd Annual General Meeting (AGM) for the financial year 2025-26 is scheduled to be held on August 24, 2026, through video conference or other audio visual means.
• Record Dates: The record date for determining members eligible for receiving the final dividend and participating in the AGM for the financial year ended March 31, 2026, has been fixed as August 14, 2026. Furthermore, the Register of Members and Share Transfer Books will be closed from August 17, 2026, to August 24, 2026, for this purpose.

Auditor Review​

The Independent Auditor's Review Report confirmed that both the unaudited standalone and consolidated financial results were prepared in accordance with relevant accounting standards, including Indian Accounting Standard 34 'Interim Financial Reporting'. The auditor's review established that nothing came to their attention to suggest that the statements contained any material misstatement.

SURYALA Stock Price Movement​

On Friday, shares of Suryalata Spinning Mills Limited edged slightly higher to close at ₹440.00, gaining 0.19% from its previous closing price. The stock recorded a trading volume of 2,182 shares during the session.