In Compliance of Regulation 33 of SEBI(LODR) Regulations, 2015, the Meeting of the Board of Directors of the Company held on 12th Nov, 2025 have approved and taken on record the Un-audited ....
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Awaiting price reaction for this filing.
GTN Industries, a textile products company, reported weak Q2 FY26 results with revenue from operations falling to Rs. 3,658 lakhs versus Rs. 3,964 lakhs in the same quarter last year, a decline of about 7.7%. For the half-year, revenue dropped roughly 11% year-on-year to Rs. 8,015 lakhs from Rs. 9,008 lakhs. The company slipped further into losses, posting a loss after tax of Rs. 89 lakhs in Q2 FY26 and Rs. 291 lakhs for the half-year, compared to nearly break-even and a loss of Rs. 465 lakhs for the full FY25. Loss per share widened to Rs. 1.66 for H1 FY26 versus Rs. 2.66 for the entire FY25. On the positive side, operating cash flow remained healthy at Rs. 1,017 lakhs for the half-year, the company trimmed its short-term borrowings, and the auditor (Lodha & Co. LLP) issued an unqualified limited review report.
Negative for shareholders — revenue is contracting and losses are persisting, though debt reduction and positive operating cash flows prevent deeper alarm. The stock may remain under pressure until the company returns to profitability.