Deepak Spinners Limited disclosed its unaudited standalone financial results for the quarter and half-year ended September 30, 2026, pursuant to Regulation 30 and 33 of SEBI Listing Regulations.

The Board of Directors meeting was held on October 30, 2026, commencing at 3:45 PM and concluding at 4:55 PM. The financial results were taken on record during this meeting.

Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹16,938 lakhs (compared to ₹13,947 lakhs in Q2 FY26)
  • Other Income: ₹371 lakhs (compared to ₹97 lakhs in Q2 FY26)
  • Total Income: ₹17,309 lakhs (compared to ₹14,044 lakhs in Q2 FY26)
  • Cost of Materials Consumed: ₹9,195 lakhs
  • Finance Costs: ₹2,040 lakhs
  • Depreciation & Amortization: ₹42 lakhs
  • Impairment Loss: ₹421 lakhs
  • Profit Before Exceptional Items and Tax: ₹561 lakhs
  • Exceptional Items: ₹561 lakhs (credit)
  • Profit Before Tax: ₹561 lakhs
  • Tax Expense: ₹121 lakhs (Deferred Tax)
  • Profit for the Period: ₹440 lakhs (compared to ₹197 lakhs in Q2 FY26)
  • Other Comprehensive Income: ₹72 lakhs
  • Total Comprehensive Income: ₹512 lakhs
  • Basic and Diluted EPS: ₹6.12 (compared to ₹2.74 in Q2 FY26)

Half-Year Performance (April 1, 2026 to September 30, 2026)

  • Revenue from Operations: ₹30,620 lakhs
  • Other Income: ₹632 lakhs
  • Total Income: ₹31,252 lakhs
  • Profit Before Tax: ₹976 lakhs
  • Profit for the Period: ₹749 lakhs
  • Total Comprehensive Income: ₹821 lakhs
  • Basic and Diluted EPS: ₹10.42

Exceptional Items Detail

Pursuant to an order dated April 28, 2026 from the Vidyut Upbhokta Shikayat Nivaran Forum, Bhopal, the company's Discom (MPMKVVCL) determined an incremental consumption rebate entitlement of ₹1,945.13 lakhs. Of this amount:

  • ₹1,315.04 lakhs was credited during the quarter and recognized as other income
  • ₹1,420.05 lakhs was credited during the half-year ended September 30, 2026
  • The balance of ₹525.08 lakhs has not been recognized as realization is not virtually certain

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹30,995 lakhs (compared to ₹31,822 lakhs as at March 31, 2026)
  • Equity Share Capital: ₹719 lakhs (unchanged)
  • Other Equity: ₹23,042 lakhs
  • Total Equity: ₹23,761 lakhs
  • Non-Current Liabilities: ₹1,480 lakhs
  • Current Liabilities: ₹5,754 lakhs

Cash Flow Statement (Six Months Ended September 30, 2026)

  • Net Cash Flow from Operating Activities: ₹2,301 lakhs
  • Net Cash Used in Investing Activities: ₹(27) lakhs
  • Net Cash Used in Financing Activities: ₹(2,259) lakhs
  • Net Increase in Cash and Cash Equivalents: ₹15 lakhs

Additional Information

  • The company operates in a single business segment: "Yarn"
  • The results were reviewed by the Audit Committee and approved by the Board of Directors
  • Figures for previous periods have been regrouped/rearranged where necessary
  • The financial statements were reviewed by Salarpuria & Partners, Chartered Accountants (Firm ICAI Registration No. 302113E)
  • The limited review report concluded that nothing came to their attention suggesting material misstatement