Board Meeting outcome for Unaudited Financial Results for the quarter ended on December 31, 2025
Awaiting price reaction for this filing.
The board of Girnar Spintex Industries (formerly Amit Spinning Industries) approved unaudited standalone financial results for the quarter ended December 31, 2025, after a meeting that was adjourned from February 14 and concluded on February 16, 2026. Revenue from operations grew to Rs 3,074.60 lacs in Q3 FY26 from Rs 2,406.24 lacs in Q3 FY25, a jump of nearly 28% year-on-year. Profit before tax stood at Rs 376.29 lacs for the quarter versus Rs 244.54 lacs a year ago, while earnings per share swung back to a profit of Rs 4.08 from a loss of Rs 4.55 in Q3 FY25. For the nine months ended December 2025, PBT was Rs 1,498.30 lacs compared to a loss before tax of Rs 677.18 lacs in the same period last year, with 9M EPS turning to Rs 13.71 from a negative Rs 12.51. The statutory auditors Nenawati & Associates issued a clean (unmodified) limited review report, and the company confirmed no defaults on loans or debt securities.
Sharp revenue growth and a clear turnaround from loss to profit at both quarterly and nine-month levels is a positive signal for shareholders and could support a re-rating of the stock. Clean auditor opinion and absence of loan defaults reinforce near-term financial stability.