Ginni Filaments Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
GINNIFILA · price
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Ginni Filaments Limited reported audited financial results for FY2025-26 with net revenue from operations at ₹36,870.05 lakhs, up 23% from ₹29,989.84 lakhs in the previous year. Profit after tax from continuing operations more than doubled to ₹4,096.58 lakhs from ₹1,747.31 lakhs. The company also disclosed an exceptional loss of ₹545.79 lakhs related to the remeasurement of assets held for sale from the discontinued Garment Division. Borrowings have reduced significantly with short-term borrowings down from ₹5,316.03 lakhs to ₹2,511.34 lakhs. The statutory auditor issued an unmodified (clean) opinion on the financial statements.
The strong revenue growth and doubling of profits are positive signals for shareholders, though the exceptional item from the garment division closure and higher overall expenses warrant monitoring. The significant reduction in debt improves the company's balance sheet strength.