GTN Industries Q1 loss narrows to Rs 89L; Nagpur unit sale approved
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 4.3 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GTN Industries Q1 FY27 revenue rose 15% YoY to Rs. 4,438 lacs. Net loss narrowed to Rs. 89 lacs from Rs. 202 lacs, despite a Rs. 400 lacs GST ITC write-off hitting material costs. FY26 full-year loss was Rs. 1,072 lacs. Board approved sale of Nagpur Unit to related party GTN Engineering India on slump sale for Rs. 4,100 lacs plus about Rs. 3,000 lacs net current assets, subject to shareholder approval. Auditor issued a clean limited review.
Loss narrowed but company still in red. Nagpur Unit sale at about Rs 7,100 lacs could lift future earnings, pending shareholder approval.