BSEAmit Spinning Industries LtdHighNeutral
Announced Mon, 16 Feb · 17:31 IST

Unaudited Financial Results for the quarter ended on December 31, 2025

Revenue Growth 20pctResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Girnar Spintex Industries Ltd (formerly Amit Spinning Industries Ltd) filed its Q3 FY26 standalone results. Revenue from operations rose to about Rs 30.75 crore, up from roughly Rs 24.06 crore in Q3 FY25, a jump of around 28% year-on-year. The company returned to a profit this quarter after losses in earlier quarters this financial year. For the nine months ended December 2025, revenue stood at about Rs 82.35 crore versus Rs 69.92 crore in the same period last year, with a net profit of around Rs 3.76 crore. Statutory auditor Nenawati & Associates issued an unqualified limited review opinion. The company confirmed no defaults on loans or debt, and it operates in a single segment – textiles. The board meeting was originally opened on February 14, 2026, then adjourned and concluded on February 16, 2026.

Likely market impact

Strong quarterly revenue growth and a turnaround to profitability are positive signals, but the company had reported losses in earlier quarters of FY26, so investors may want to wait for a few more quarters of consistent profit before drawing firm conclusions.