Outcome of Board Meeting for Unaudited Financial Results for the quarter ended on September 30, 2025
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The Board of Directors of Girnar Spintex Industries (formerly Amit Spinning Industries) approved unaudited standalone financial results for Q2 FY26 on November 14, 2025. Revenue from operations rose to Rs. 2,694.32 lacs in Q2 FY26 from Rs. 2,584.76 lacs in Q2 FY25, while the company swung to a profit after tax of Rs. 385.41 lacs from a loss of Rs. 143.11 lacs a year ago. For H1 FY26, revenue grew to Rs. 5,160.16 lacs versus Rs. 4,585.30 lacs, with PAT at Rs. 351.05 lacs compared to a loss of Rs. 218.61 lacs. The statutory auditor (Nenawati & Associates) issued an unmodified limited review report. Both non-current and current borrowings declined during the period, and operating cash flow for H1 was healthy at Rs. 795.89 lacs. EPS for the quarter stood at Rs. 14.04 versus a negative Rs. 5.21 earlier.
The results mark a clear turnaround from year-ago losses to healthy profitability, supported by revenue growth, lower finance costs, and reduced debt — likely to be viewed positively by investors. The clean audit opinion and positive operating cash flow further strengthen the recovery narrative.