Board of Directors in their meeting held today, have taken on record the Unaudited Financial Results for the quarter ended on 31st December, 2025.
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Awaiting price reaction for this filing.
Gujarat Craft Industries, a plastic packaging material maker, reported Q3 FY26 results showing a notable slowdown. Revenue from operations fell to Rs 4,960.13 lakh from Rs 5,299.60 lakh in the same quarter last year, a decline of about 6.4%. Profit before exceptional items and tax dropped sharply to Rs 58.34 lakh versus Rs 103.16 lakh year-on-year, and after booking a one-time Rs 52.24 lakh expense tied to the new Labour Codes, profit before tax was just Rs 6.10 lakh. Net profit for the quarter came in at Rs 5.18 lakh (vs Rs 76.69 lakh a year ago), translating to EPS of Rs 0.11 versus Rs 1.57. For the nine months ended December 2025, revenue grew modestly to Rs 14,163.50 lakh but net profit nearly halved to Rs 100.65 lakh from Rs 186.83 lakh.
Shareholders are likely to react negatively given the steep YoY drop in profitability, driven by lower revenue, higher finance and depreciation costs, and the exceptional Labour Codes charge. Cost discipline and clarity on margin recovery in the coming quarter will be key watchpoints.