Outcome of Board Meeting - Submission of Unaudited Financial Results for the quarter ended on 30th September, 2025 and of Limited Review Report thereon.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gujarat Craft Industries Ltd reported Q2 FY26 revenue from operations of Rs. 4,449.10 lakh, down about 6.4% from Rs. 4,750.96 lakh in Q2 FY25. However, profit after tax rose to Rs. 53.00 lakh (vs Rs. 51.34 lakh), and PBT improved to Rs. 66.86 lakh from Rs. 59.89 lakh, helped by lower material costs. For the half-year, revenue grew around 6% to Rs. 9,203.37 lakh but PAT slipped to Rs. 95.47 lakh from Rs. 110.14 lakh. A key concern is operating cash flow turning negative at Rs. (128.00) lakh in H1 FY26 versus a positive Rs. 521.72 lakh a year ago, driven by a sharp inventory build-up. The board also reconstituted the CSR Committee. The auditor (Kantilal Patel & Co.) issued an unqualified limited review report.
Mixed near-term picture: profitability held up despite weak quarterly revenue, but the swing to negative operating cash flow and heavy reliance on short-term borrowings (up to Rs. 4,459 lakh) warrant attention. Extensive related-party loans with promoter-linked entities could also draw investor scrutiny.