Q1 FY26 results: revenue up over 20% but loss continues; renamed to Girnar Spintex

Girnar Spintex Industries (formerly Amit Spinning Industries) reported Q1 FY26 revenue of about Rs 2,465.85 lakhs, up roughly 23% from Rs 2,000.54 lakhs in Q1 FY25. However, the company stayed in the red with a loss before tax of Rs 34.36 lakhs versus Rs 75.50 lakhs last year. Loss per share narrowed to Rs 1.25 from Rs 2.78. Limited review report was clean with no qualifications. Board also appointed a new secretarial auditor for five years. No loan defaults were reported.