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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Cotex Limited reported audited financial results for Q4 and FY ended March 31, 2026. Total revenue grew significantly to Rs. 3,844.16 lakhs from Rs. 2,730.61 lakhs in the previous year, representing approximately 41% revenue growth. However, the company posted a net loss of Rs. 67.50 lakhs compared to a profit of Rs. 22.33 lakhs in FY2025. The fabric trading segment recorded a loss of Rs. 65.06 lakhs, while agriculture items contributed Rs. 7.86 lakhs profit. The company wrote off bad debts of Rs. 79.54 lakhs during Q4. Equity declined from Rs. 685.00 lakhs to Rs. 671.50 lakhs. The statutory auditor issued an unmodified opinion on the financial results.
Despite strong revenue growth, the company swung from profit to loss, indicating significant operational challenges. The bad debt write-off and segment losses suggest deteriorating financial health, which could negatively impact shareholder value and stock price.