BSEGangotri Textiles LtdMediumNeutral
Announced Fri, 24 Jul · 11:45 IST

Q1 FY27 loss of Rs 2.39 lakh, zero revenue, assets sold by lenders

Going ConcernPat NegativeRevenue DeclineResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gangotri Textiles posted a loss of Rs 2.39 lakh in Q1 FY27 versus Rs 2.37 lakh in Q1 FY26, on zero revenue from operations. The filing notes all company assets have been taken over and sold by lenders, with interest unpaid since September 2015. 75 percent of promoter shares are pledged. Operations are classified as discontinued. Auditor issued an unmodified review report.

Likely market impact

Company is non-operational with zero revenue. Business effectively ceased with assets sold by lenders. High risk given 75 percent pledged promoter shares.