The Un-audited financial results for the quqrter ended 31.12.2025 duly approved by the audit committee and the board meeting held on 30.01.2026 submitted.
Awaiting price reaction for this filing.
Gangotri Textiles Limited reported zero revenue from operations and zero other income for Q3 FY26 (ended 31 Dec 2025), continuing a pattern of no business activity. The company recorded only minor other expenses of Rs 1.24 lakh in Q3 and Rs 5.60 lakh for the nine months ended December 2025, resulting in a net loss of Rs 1.24 lakh for the quarter and Rs 5.60 lakh for the nine months. Earnings per share stood at a negative Rs 0.0038 for the quarter. In a critical note (Note 7), the company disclosed that all its assets have been taken over and sold by lenders, and that it has not provided for interest since September 2015, indicating the company has not been operational for several years. The limited review report from the auditors (M. Gangadran & Co) contains no qualifications.
The company is effectively a non-operational shell — no revenue, assets sold off by lenders, and interest unpaid for over a decade. This is a serious going concern warning for existing shareholders, with very little chance of meaningful recovery in the stock price.