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Aananda Lakshmi Spinning Mills LtdResults, 12-08-2025: Result

12-08-2025 | 05:53 pm

Aanandalakshmi Spinning Mills' board approved quarterly financial results. Revenue from continuing operations was 0.21 Cr, leading to a 0.14 Cr profit. However, the overall result was a net loss of 2.21 Cr, driven by discontinued spinning operations and a 2.06 Cr exceptional write-off. Auditors noted 0.19 Cr unprovided interest on statutory dues, and the company carries 36.71 Cr in accumulated losses. In governance updates, new secretarial auditors were appointed, a director resigned, and Ms. Rajani Elaprolu, with over 30 years of finance experience, was appointed as an Additional Non-Executive Independent Director. The Nomination and Remuneration Committee was also re-established.

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