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Incorporated in 1989, Bannari Amman Spinning Mills Ltd is a manufacturer of cotton yarn, knitted & woven fabrics, processing of fabrics,finished garments, home textiles and wind power generation
Bannari Amman Spinning Mills posted quarterly revenue of ₹216.51 Cr and profit of ₹13.69 Cr, significantly aided by deferred tax savings from a new tax regime. The company also forfeited ₹6.55 Cr from Tranche I convertible warrants, moving funds to capital reserve. Land at SIPCOT remains classified as held for...