July 28, 2014 3:43 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Thambbi Modern Spinning Mills Ltd

Company Overview

Thambbi Modern Spinning Mills Limited manufactures and sells cotton yarn in India. The company was incorporated in 1977 and is based in Salem, India.

Omalur Road

Jagir Ammapalayam Post

Salem,  636302

India

Founded in 1977

Key Executives for Thambbi Modern Spinning Mills Ltd

Thambbi Modern Spinning Mills Ltd does not have any Key Executives recorded.

Thambbi Modern Spinning Mills Ltd Key Developments

Thambbi Modern Spinning Mills Ltd, Board Meeting, Jul 14, 2014

Thambbi Modern Spinning Mills Ltd, Board Meeting, Jul 14, 2014. Agenda: To fix the date for the annual general meeting and fix the book closure dates; to finalize the notice for the AGM; and to consider the appointment of M/s. K. N. Subramanian & Co., Company Secretaries as Scrutinizer for conducting the postal ballot for the resolution proposed in the AGM.

Thambbi Modern Spinning Mills Ltd Reports Unaudited Earnings Results for the Fourth Quarter and Audited Earnings Results for the Full Year Ended March 31, 2014

Thambbi Modern Spinning Mills Ltd. reported unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2014. For the quarter, the company reported net sales/income from operations of INR 7.5 million compared to net sales/income from operations of INR 29.1 million a year ago. Loss from operations before other income, interest and exceptional items was INR 3.6 million compared to INR 0.3 million a year ago. Loss from ordinary activities before tax was INR 3.6 million against INR 5.8 million a year ago. Net loss was INR 3.6 million compared to INR 6.3 million a year ago. For the year, the company reported net sales/income from operations of INR 25.2 million compared to net sales/income from operations of INR 52.1 million a year ago. Loss from operations before other income, interest and exceptional items was INR 19.5 million compared to INR 11.6 million a year ago. Loss from ordinary activities before tax was INR 21.9 million against INR 29.0 million a year ago. Net loss was INR 21.9 million compared to INR 29.5 million a year ago.

Thambbi Modern Spinning Mills Ltd, Board Meeting, May 30, 2014

Thambbi Modern Spinning Mills Ltd, Board Meeting, May 30, 2014. Agenda: To consider unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2014.

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