Akshar Spintex Ltd released its financial results for the fourth quarter of FY25 on Saturday, May 10, 2025.
In Akshar Spintex Q4 results, the company posted a standalone net loss of ₹1.1 crore. This indicates a significant decline of 214.6% year-on-year (YoY) from ₹0.9 crore net profit reported in the same quarter of the previous financial year.
For the final quarter of FY25, Akshar Spintex recorded a YoY decline of 36.4% in its revenue from operations, reaching ₹30.6 crore, down from ₹48.1 crore in the corresponding quarter last year.
Furthermore, the latest Q4 Akshar Spintex results 2025, revealed a good improvement in its total cash flow, which grew by 34900% to ₹2.8 crore in Q4 FY25, from -0.8 lakh reported in the same period the previous year.
Akshar Spintex Ltd. Q4 Results Highlights
In this table, you will get an overview of Akshar Spintex latest quarterly results:
Q4 FY2024-25 | Q3 FY2024-25 | Q4 FY2023-24 | YoY Growth (%) | QoQ Growth (%) | |
Total Income (₹ in crore) | ₹31.4 | ₹26.4 | ₹48.8 | -35.7% | 18.9% |
Net profit (₹ in crore) | ₹-1.1 | -₹2.3 | ₹0.96 | -214.6% | 52.2% |
EPS (Diluted) | ₹-0.01 | -₹0.03 | 0.03 | -133.3% | 66.7% |
Akshar Spintex Ltd’s Financial Results Comparison with the Previous Year
Here is a table of annual data comparison of Akshar Spintex Q4 2025 results:
FY 2024-25 | FY 2023-24 | |
Total Income (in crore) | ₹119 | ₹178 |
Net profit (in crore) | ₹-4.4 | ₹3.5 |
EPS | ₹-0.08 | 0.12 |
Updates Shared by Akshar Spintex in the Latest Financial Results
During the announcements of Akshar Spintex Q4 results, the company’s management provided key updates regarding this quarter:
Key Highlights of Assets and Liabilities (As at 31.03.2025 vs 31.03.2024)
According to Akshar Spintex latest results, here are the important highlights of the assets and liabilities of the company:
- Property, Plant & Equipment -> ₹37.2 crore vs ₹39.4 crore
- Inventories -> ₹42.7 crore vs ₹24.1 crore
- Trade Receivables -> ₹7.7 crore vs ₹5 crore
- Bank Balances other than cash & Cash equivalents -> ₹2.8 crore vs ₹0.45 lakhs
- Long-Term Borrowings -> ₹3.9 crore vs ₹9 crore
- Short-term Borrowings -> ₹2 crore vs ₹10 crore
- Current Tax Liabilities (Net) -> ₹0 vs ₹0.7 crore
Completion of Rights Issue
As per the Q4 Akshar Spintex results, the Rights Issue Committee approved the issuance of 48.75 crore equity shares at ₹1 per share on August 17, 2024, in a 13:8 ratio for eligible shareholders as of the record date, August 23, 2024. The issue was fully subscribed, and allotment was completed on October 7, 2024.
Proceeds have been maintained in a separate Share Issue Allotment Account to ensure proper utilisation and accounting.
Social Security Code Implementation
The Code on Social Security, 2020, has been enacted and may affect the Company’s employee-related contributions. However, the effective date has not yet been notified.
The Ministry of Labour and Employment issued draft rules on November 13, 2020. The Company will assess and reflect on the impact on its financial results once the Code becomes effective and the final rules are published.
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