Akshar Spintex Limited (AKSHAR) — Board Meeting

📢 Key Event
Board approved audited standalone financial results for Q4 FY2026 and full year FY2026.

🔄 What Changed
Net loss widened to ₹738.94 lakhs from ₹587.76 lakhs in the previous year; total income increased to ₹12,109.49 lakhs from ₹11,904.70 lakhs.

💡 Investor Takeaway
The company reported a larger annual loss but maintained revenue growth, with no dividend or fundraising announced.

The board of Akshar Spintex Limited approved the audited standalone financial results for the quarter and year ended March 31, 2026 during its meeting on May 21, 2026. The results show a net loss of ₹38.97 lakhs for the quarter and ₹738.94 lakhs for the year, with total income of ₹3,562.33 lakhs and total expenses of ₹3,502.46 lakhs for the quarter. The company also disclosed compliance with SEBI regulations, an unmodified audit opinion, and no other matters discussed. The meeting concluded within 40 minutes, and the financial statements were certified by the Chairman and CFO.

📄 View Original Announcement (PDF)

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