Financials for quarter and nine months ended December 31, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gokak Textiles reported a net loss of Rs. 607.30 lakhs in Q3 FY26 (vs Rs. 939.91 lakhs loss in Q3 FY25) and Rs. 3,210.84 lakhs for the 9M FY26 (vs Rs. 2,335.32 lakhs loss in 9M FY25). Standalone revenue fell sharply to Rs. 1,809.79 lakhs in Q3 from Rs. 2,260.57 lakhs a year ago, and dropped to Rs. 4,920.25 lakhs for the 9M from Rs. 7,193.90 lakhs, a decline of about 32%. The textile segment continues to face working capital stress, while the solar power segment was impacted by multiple fire incidents and transformer failures in early 2025, now restored to full 40 MW capacity. The auditor flagged a material going concern uncertainty as net worth is fully eroded and current liabilities exceed current assets by Rs. 5,034.65 lakhs, though results were prepared on a going concern basis citing continued support from promoter Shapoorji Pallonji (SPCPL) through perpetual loans.
Negative for shareholders — the company is loss-making, net worth is fully eroded, and the auditor has explicitly raised a going concern doubt. However, continued promoter support and an expected land/asset sale (Rs. 1,950 lakhs) provide some near-term solvency cushion, though equity holders remain at high risk given fully eroded net worth.