Newspaper publication of Financial Results for the quarter and year ended March 31, 2026.
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Gokak Textiles has published its audited financial results for Q4 and FY 2025-26 in Business Standard and Vijaya Vishwavani newspapers dated May 29, 2026. For the full year, consolidated total income declined to Rs. 8,277.48 lakhs from Rs. 10,337.90 lakhs in the previous year. The company reported a consolidated net loss after tax of Rs. 3,651.07 lakhs, which is an improvement from the prior year's loss of Rs. 4,273.00 lakhs. Loss per share (EPS) improved from Rs. 68.37 to Rs. 56.46. Q4 performance showed significant improvement with net loss reduced to Rs. 498.29 lakhs compared to Rs. 2,179.58 lakhs in Q4 FY 2025. The results were reviewed by the Audit Committee and approved by the Board on May 28, 2026.
The company continues to report losses, but the narrowing of losses year-over-year is a positive sign. The significant revenue decline of about 20% raises concerns about business volume. Existing shareholders should monitor whether the company can return to profitability.