Pursuant to Reg. 33 of the SEBI LODR Regulations 2015, please find enclosed herewith the audited financial results for the quarter and financial year ended on March 31, 2025 along with ....
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Gini Silk Mills Limited reported its audited results for FY25 with revenue from operations falling to Rs. 4,002.65 lakhs from Rs. 4,373.30 lakhs in FY24, an 8.5% decline. Net profit for the full year dropped to Rs. 180.42 lakhs from Rs. 303.56 lakhs (down ~41%), with EPS falling from Rs. 5.43 to Rs. 3.23. Q4 FY25 saw revenue at Rs. 1,102.72 lakhs versus Rs. 1,162.25 lakhs a year ago, and net profit fell to Rs. 33.02 lakhs from Rs. 69.77 lakhs. Operating margins also compressed, with profit before exceptional items dropping to Rs. 212.10 lakhs from Rs. 310.98 lakhs. On the positive side, the company reduced its current borrowings sharply from Rs. 746.08 lakhs to Rs. 359.15 lakhs, and the auditor (Vatsaraj & Co.) issued an unmodified opinion on the annual results.
The sharp drop in both revenue and profit, along with weaker margins, is a negative signal for shareholders and may pressure the stock. However, significant debt reduction and a clean audit opinion provide some comfort on the balance sheet side.