Bannari Amman Spinning Mills Limited — Important, 21-05-2025: General Updates

Bannari Amman Spinning Mills posted a standalone profit of Rs 3.69 Cr, driven by a Rs 53.48 Cr gain from selling its garment and apparel units, offsetting operational losses. Revenue declined slightly to Rs 887.36 Cr from Rs 923.52 Cr. The board approved key auditor appointments for FY26 and plans a rights issue to raise up to Rs 40.71 Cr. No dividend was declared.