Bannari Amman Spinning soars 10% on 148% QoQ profit jump
Bannari Amman Spinning Mills Limited, a vertically integrated textile manufacturer producing cotton yarn, fabrics, and garments with wind power generation capabilities, saw its shares jump 10% to an intraday high of ₹31.99. It reported an encouraging Q1 FY26 results with modest 1% year-over-year revenue growth and a significant 148% quarter-over-quarter surge in net profit to ₹4.56 crore.