Maris Spinners Limited disclosed its unaudited standalone financial results for the quarter ended 30th June 2026 through regulatory filings to BSE Limited. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 7th August 2026, which commenced at 10:15 AM and concluded at 11:30 AM.

Financial Performance (Quarter Ended 30th June 2026)

The company reported significant improvement in financial performance compared to the same quarter previous year:

Income Statement Highlights (₹ in Lakhs):

  • Revenue from operations: ₹4,805.41 lakhs (compared to ₹3,809.52 lakhs in Q1 FY26)
  • Other Income: ₹161.66 lakhs (compared to ₹187.32 lakhs in Q1 FY26)
  • Total Income: ₹4,967.07 lakhs (compared to ₹3,996.84 lakhs in Q1 FY26)

Expenditure Breakdown (₹ in Lakhs):

  • Cost of materials consumed: ₹2,879.07 lakhs
  • Changes in inventories: (₹26.84) lakhs (negative indicating decrease)
  • Employee benefits expense: ₹381.75 lakhs
  • Finance Costs: ₹208.74 lakhs
  • Depreciation and amortization: ₹150.24 lakhs
  • Other expenses: ₹861.42 lakhs
  • Total Expenditure: ₹4,454.38 lakhs

Profitability Metrics:

  • Profit from ordinary activities before tax: ₹512.69 lakhs (compared to loss of ₹63.96 lakhs in Q1 FY26)
  • Tax expense: ₹149.32 lakhs (deferred tax)
  • Profit for the period: ₹363.37 lakhs (compared to loss of ₹45.34 lakhs in Q1 FY26)
  • Earnings Per Share (Basic and Diluted): ₹4.59 (compared to loss of ₹0.57 in Q1 FY26)

Comparative Figures:

  • Previous quarter (Q4 FY26): Profit of ₹33.32 lakhs with EPS of ₹0.46
  • Full year FY26 (Audited): Loss of ₹146.80 lakhs with EPS of (₹1.79)

Capital Structure

  • Paid-up equity share capital (face value ₹10 each): ₹792.48 lakhs (unchanged)
  • Reserves excluding revaluation reserve: Not annualized (₹1,049.84 lakhs as of 31st March 2026)

Management Changes

The Board of Directors approved:

  • Resignation of Mr. N Sridharan as Company Secretary and Compliance Officer, effective 31st August 2026
  • Appointment of Ms. Shanmuga Priya as Company Secretary cum Compliance Officer with effect from 1st September 2026