Sambandam Spinning Mills Q1 Net Profit ₹37.65 Lakhs

Board Meeting Outcomes

The board meeting held on 13.08.2026 (14:00 hrs to 17:30 hrs) approved the following:

1. Unaudited Financial Results: Approved standalone unaudited financial results for quarter ended 30.06.2026 together with Limited Review report by Independent Auditor dated 13.08.2026

2. Annual General Meeting: 52nd Annual General Meeting will be held on 18.09.2026 (Friday) at 10:45 AM through Video/Other Audio Visual means from registered office at Kamaraj Nagar Colony, Salem - 636014, Tamilnadu

3. Record Date: Fixed as 11.09.2026 for AGM e-voting purposes. Register of members and share transfer book will remain closed from 12.09.2026 to 18.09.2026 (both days inclusive)

4. Director Cessations: Due to completion of 2nd term and final term of tenure:

Dr. V. Sekar (DIN: 06796817), Independent Director - cessation on conclusion of 52nd AGM on 18.09.2026
Sri D. Balasundaram (DIN: 07800844), Independent Director - cessation on conclusion of 52nd AGM on 18.09.2026

5. Director Appointments:

Sri S. Bhaskaran (DIN: 09241221) appointed for 2nd term from 13.08.2026 till conclusion of 55th AGM in 2029
Sri TCA Srinivasa Prasad (DIN: 05228526) appointed from conclusion of 52nd AGM on 18.09.2026
Sri S. Prakash (DIN: 00941374) appointed from conclusion of 52nd AGM on 18.09.2026

These appointments to be reaffirmed by members resolution in ensuing AGM

Financial Results - Standalone (Quarter Ended 30.06.2026)

Income:

Revenue from Operations: ₹5,998.22 lakhs
Other Income: ₹16.85 lakhs
Total Income: ₹6,015.07 lakhs

Expenses:

Cost of Materials Consumed: ₹4,716.85 lakhs
Changes in Inventories: (₹1,033.94) lakhs
Employee Benefits Expense: ₹818.55 lakhs
Power and Fuel-Net: ₹336.98 lakhs
Finance Costs: ₹294.11 lakhs
Depreciation and Amortisation: ₹191.54 lakhs
Other Expenses: ₹641.93 lakhs
Total Expenses: ₹5,966.02 lakhs

Profitability:

Profit before Exceptional Item and Tax: ₹49.05 lakhs
Profit Before Tax: ₹49.05 lakhs
Tax Expense: Deferred Tax Expenses ₹11.40 lakhs
Profit for the Period: ₹37.65 lakhs
Other Comprehensive Income: ₹0.14 lakhs
Total Comprehensive Income: ₹37.79 lakhs

Per Share Data:

Paid Up Equity Share Capital: ₹427.55 lakhs (Face Value ₹10 each)
Basic and Diluted EPS: ₹0.88

Comparative Financial Performance

| Particulars | Q1 FY27 (30.06.2026) | Q4 FY26 (31.03.2026) | Q1 FY26 (30.06.2025) | FY26 (31.03.2026) |

| EPS | ₹0.88 | (₹6.92) | ₹1.15 | (₹13.46) |

Notes to Financial Results

1. Segment Information: Company operates in single business segment of manufacturing and sale of yarn and related products

2. Assets Held for Sale: Company classified certain assets as held for sale per Ind AS 105. Consequently, did not charge depreciation of ₹17.78 lakhs for period ended 30.06.2026 on these assets

3. Tax Regime: Company proposed to adopt new tax regime u/s 200 of Income Tax Act, 2025 (Section 115BAA of Income Tax Act, 1961). Deferred tax expenses computed for quarter ended 30.06.2026 as per new tax regime

4. Previous Period Figures: Have been regrouped/reclassified wherever necessary to conform to current period classification

Auditor's Limited Review Report

P.N. Raghavendra Rao & Co (FRN: 0033285) conducted limited review and concluded that nothing has come to their attention that causes them to believe that the Statement contains any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.

Director Profile Details

Sri S. Bhaskaran: Graduate in mathematics with professional qualifications CAIIB I & II and MBA finance. Financial Consultant with four decades of experience in senior positions as General Manager in Banking, Financial Services and Retail Operations Management. Retired as General Manager from State Bank of India.

Sri TCA Srinivasa Prasad: Graduate in Physics with professional qualification CMA from Institute of Cost and Management Accountants of India Kolkata, and PG diploma in Management. Former President of ICMAI institute during FY 2025-26. Extensive experience in governance frameworks, financial discipline, operational efficiency and organizational performance.

Sri S. Prakash: B.Tech Textiles and PG Diploma in Management. Over four decades of hands-on experience running profitable spinning mills. Held leadership positions as President, COO, and Wholetime Director with full operational expertise.

Compliance Disclosures

All newly appointed directors are not related to any existing Directors or Key Managerial Personnel of the Company. None of the appointee directors are debarred from holding office by virtue of SEBI order or any other authority.