Ginni Filaments Limited has informed the Exchange regarding Re-appointment of M/s A W & Co, Chartered Accountant as Internal Auditor.
GINNIFILA · price
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Awaiting price reaction for this filing.
Ginni Filaments reported its audited results for the quarter and full year ended March 31, 2025. Revenue from operations grew to ₹37,378.44 lakhs in FY25 from ₹35,087.17 lakhs in FY24, an increase of about 6.5%. The company returned to profit from continuing operations at ₹419.53 lakhs, compared with a loss of ₹2,625.13 lakhs in the previous year. Q4 FY25 revenue stood at ₹10,349.54 lakhs with a net profit of ₹478.77 lakhs. Statutory auditor Doogar & Associates issued an unmodified (clean) opinion on the results. The Board also approved the re-appointment of M/s A W & Co., Chartered Accountants, as the Internal Auditor for FY 2025-26.
The clean audit and swing back to profitability from continuing operations are positive signals for shareholders, though past discontinued operations (spinning/knitting/processing unit sold to RSWM in Feb 2024) still weigh on comparability. The internal auditor re-appointment is routine and unlikely to move the stock.