In the matter we are submitting here with half yearly unaudited standalone results for the period from 1st October 2025 to 31th March 2026 along with limited review report of auditor dated ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ghushine Fintrrade Ocean Limited reported half-year revenue of Rs. 305.27 L (down from Rs. 326.62 L in H2 FY25), but full-year revenue grew to Rs. 563.96 L from Rs. 451.81 L (approx 25% YoY growth). Profit for H2 was Rs. 1.36 L vs Rs. 0.31 L in prior year period, while full-year PAT reached Rs. 1.44 L vs Rs. 0.34 L. The auditor ARGS & Associates issued an unmodified (clean) opinion on the limited review. Borrowings doubled from Rs. 32.08 L to Rs. 64.98 L. Trade receivables dropped sharply from Rs. 175.51 L to Rs. 49.22 L, while current liabilities surged to Rs. 166.74 L from Rs. 1.54 L. The company operates in textile trading with only one reportable segment.
The stock shows minimal profitability despite decent revenue, indicating very thin margins. The doubling of debt without proportional profit growth is concerning. Clean audit opinion provides some comfort on financial reporting integrity.