Further to our letter dated 23rd Jan, 2023 and Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations & Disclosures) Regulations, 2015, We wish to inform you that the ....
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GTN Industries' Board approved unaudited results for Q3 FY26 (quarter ended 31 Dec 2025). Total income from operations was Rs. 4,231 lakhs for the quarter, slightly higher than Rs. 4,134 lakhs in Q3 FY25, but fell to Rs. 12,265 lakhs for the 9-month period from Rs. 13,142 lakhs a year earlier (about 6.7% decline). The company posted a net loss after tax of Rs. 290 lakhs in Q3 FY26 versus Rs. 214 lakhs loss in Q3 FY25, and a Rs. 581 lakhs loss for 9M FY26 versus Rs. 305 lakhs a year ago. Results were hit by a one-time exceptional provision of Rs. 118 lakhs related to India's new Labour Codes notified in November 2025. EPS was negative Rs. 1.65 for the quarter and negative Rs. 3.31 for nine months. Statutory auditors Lodha & Co LLP issued an unmodified limited review report.
The company remains in the red with widening losses and shrinking nine-month revenue, signalling continued operational weakness for this textile exporter. The Labour Code provision is a one-time accounting charge but adds to near-term earnings pressure and may weigh on shareholder sentiment.