GANGOTRINSEGangotri Textiles Limited· Textiles - CottonHighNeutral
Announced Fri, 24 Jul · 11:33 IST
Q1 FY27 results: zero revenue, Rs 2.39 lakh loss, assets sold by lenders
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Gangotri Textiles reported zero revenue and a loss of Rs 2.39 lakhs for Q1 FY27 (ended June 30, 2026), versus Rs 2.37 lakh loss in Q1 FY26. The company disclosed that all its assets were taken over and sold by lenders, and interest has not been provided since September 2015. No revenue from operations. Promoters have pledged 75 percent of their holding. EPS at negative 0.0073.
Likely market impact
Company appears non-operational after assets were sold by lenders. Severe going concern risk with continuous losses and zero revenue.