BSEGini Silk Mills Ltd-$MediumNeutral
Announced Wed, 11 Feb · 16:51 IST

This is to inform the Exchange that pursuant to Regulation 30(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Meeting ....

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gini Silk Mills Limited's board, at a meeting on February 11, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the auditor's limited review report from Vatsaraj & Co. For Q3 FY26, revenue from operations stood at Rs. 891.13 lakhs (down from Rs. 1,074.86 lakhs in Q2 FY26 and Rs. 934.14 lakhs in Q3 FY25), while net profit came in at Rs. 22.03 lakhs versus Rs. 99.81 lakhs in the previous quarter and Rs. 35.45 lakhs in Q3 FY25. For the nine-month period, total income was broadly flat at Rs. 3,114.26 lakhs (vs Rs. 3,111.52 lakhs a year ago), with net profit of Rs. 135.70 lakhs compared to Rs. 147.41 lakhs in the prior year period. The auditor issued an unmodified review opinion but drew attention to the new Indian labour codes (effective November 2025, to be implemented by March 2026), whose financial impact on the company is still being assessed.

Likely market impact

Q3 FY26 shows a notable sequential slowdown, with revenue and profit falling sharply from Q2 levels and profit also dropping year-on-year, which may put near-term pressure on the stock. The pending assessment of the new labour codes is a watch-item but the company currently expects no material impact for the period.