Ginni Filaments Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
GINNIFILA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ginni Filaments reported a strong Q1 FY26 with revenue from operations of ₹10,154 lakhs, up about 62% from ₹6,256 lakhs in the same quarter last year. Net profit from continuing operations jumped to ₹1,475 lakhs versus ₹353 lakhs, driven by strong growth in both Textiles and Consumer Products segments. EBITDA nearly tripled to ₹2,303 lakhs from ₹758 lakhs, showing clear margin expansion. The board booked an exceptional loss of ₹546 lakhs on remeasuring Garment Division assets, which the company has decided to shut and classify as held for sale. Separately, the board approved the re-appointment of Shishir Jaipuria as Managing Director for three years starting April 2026, appointed a new secretarial auditor for five years, and added power generation for captive use to its main objects clause.
Strong top-line and profit growth along with margin expansion should be positive for the stock, but investors should note the continuing losses from the discontinued Garment Division and the one-time ₹546 lakh exceptional charge tied to that exit.