Gini Silk Mills Limited submitted its un-audited standalone financial results for the quarter and half year ended September 30, 2026 to BSE Limited pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial results were reviewed by the company's Audit Committee and approved by the Board of Directors at their meeting held on November 6, 2026. The statement includes a limited review report from the independent auditor, Vatsaraj & Co., Chartered Accountants.

Financial Performance - Quarter Ended September 30, 2026 (Unaudited)

  • Revenue from Operations: ₹1,148.05 lakhs
  • Other Income: ₹53.72 lakhs
  • Total Income: ₹1,201.76 lakhs
  • Total Expenses: ₹1,111.08 lakhs
  • Profit from Operations before Exceptional Items: ₹90.68 lakhs
  • Exceptional Items: ₹0
  • Profit before Tax: ₹90.68 lakhs
  • Tax Expenses: ₹4.34 lakhs (Current Tax: ₹10.00 lakhs, Deferred Tax: ₹(5.65) lakhs)
  • Net Profit after Tax: ₹86.34 lakhs
  • Other Comprehensive Income: ₹47.85 lakhs
  • Total Comprehensive Income: ₹134.19 lakhs
  • Basic and diluted EPS: ₹1.54 (not annualized)

Financial Performance - Half Year Ended September 30, 2026 (Unaudited)

  • Revenue from Operations: ₹2,052.82 lakhs
  • Other Income: ₹188.39 lakhs
  • Total Income: ₹2,241.20 lakhs
  • Total Expenses: ₹2,074.04 lakhs
  • Profit from Operations before Exceptional Items: ₹167.16 lakhs
  • Exceptional Items: ₹0
  • Profit before Tax: ₹167.16 lakhs
  • Tax Expenses: ₹3.63 lakhs (Current Tax: ₹35.00 lakhs, Deferred Tax: ₹(31.46) lakhs)
  • Net Profit after Tax: ₹163.53 lakhs
  • Other Comprehensive Income: ₹54.50 lakhs
  • Total Comprehensive Income: ₹218.03 lakhs
  • Basic and diluted EPS: ₹2.92 (not annualized)

Comparative Performance

Quarterly comparison (Q2 FY2026 vs Q2 FY2025):

  • Revenue increased from ₹1,074.86 lakhs to ₹1,148.05 lakhs
  • Net profit decreased from ₹99.82 lakhs to ₹86.34 lakhs
  • EPS decreased from ₹1.78 to ₹1.54

Half-yearly comparison (H1 FY2026 vs H1 FY2025):

  • Revenue increased from ₹1,988.69 lakhs to ₹2,052.82 lakhs
  • Net profit increased from ₹113.68 lakhs to ₹163.53 lakhs
  • EPS increased from ₹2.03 to ₹2.92

Balance Sheet Position as at September 30, 2026 (Unaudited)

  • Total Assets: ₹6,616.10 lakhs
  • Non-Current Assets: ₹4,915.59 lakhs (including Property, plant and equipment: ₹995.65 lakhs, Investments: ₹3,229.28 lakhs)
  • Current Assets: ₹1,700.52 lakhs (including Inventories: ₹390.34 lakhs, Trade receivables: ₹782.23 lakhs)
  • Total Equity: ₹5,398.79 lakhs (Equity share capital: ₹559.26 lakhs, Other equity: ₹4,839.53 lakhs)
  • Total Liabilities: ₹1,217.31 lakhs

Cash Flow Statement for Half Year Ended September 30, 2026 (Unaudited)

  • Cash Generated from Operations: ₹22.49 lakhs
  • Income Tax Paid: ₹(66.87) lakhs
  • Net Cash from Operating Activities: ₹(44.38) lakhs
  • Net Cash from Investing Activities: ₹(69.69) lakhs
  • Net Cash from Financing Activities: ₹(4.09) lakhs
  • Net decrease in Cash and Cash Equivalents: ₹(6.91) lakhs
  • Cash and Cash Equivalents at period end: ₹4.66 lakhs

Additional Information

  • The company's operations fall under a single segment: "Textile"
  • Paid-up Equity Share Capital: ₹559.26 lakhs (Face Value of ₹10 per share)
  • The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting"
  • Previous period figures have been regrouped/reclassified where necessary