Ginni Filaments has scheduled its 43rd Annual General Meeting for September 28, 2026. The meeting will address the adoption of financial results for FY26 and key board appointments.

The company reported a total gross sales and other income of ₹38,079.20 lakh for the year ended March 31, 2026, up from ₹37,949.64 lakh in the prior year. Net profit surged to ₹3,703.77 lakh, a significant improvement from a net loss of ₹419.53 lakh in FY25.

Financial Performance

The turnaround in profitability was driven by strong performance in continuing operations, which contributed ₹4,096.58 lakh to the net profit. This offset a loss of ₹392.81 lakh from discontinued operations.

Continuing operations generated an EBITDA of ₹6,894.67 lakh, compared to ₹3,893.95 lakh in the previous year. Discontinued operations saw a reduction in losses, with EBITDA at a negative ₹242.27 lakh versus a negative ₹884.34 lakh earlier.

Board Appointments

Shareholders will consider the reappointment of Suresh Singhvi as Whole-time Director and CFO for one year starting August 1, 2026. Singhvi, aged 72, will receive a basic salary of ₹2.70 lakh per month along with standard perquisites.

Additionally, members will vote to allow Managing Director Shishir Jaipuria to continue holding office after attaining the age of 70 years on April 7, 2027. This resolution permits him to serve out his existing three-year tenure ending March 31, 2029.

Saket Jaipuria will also retire by rotation and offer himself for reappointment as a director.

AGM Logistics and E-Voting

The AGM will be held through Video Conferencing or Other Audio Visual Means without physical presence. The electronic dispatch of the Annual Report was completed on August 31, 2026. Members can access the report via the company’s investor relations page.

Remote e-voting facility provided by CDSL will operate as follows:

• Remote e-voting commences on September 25, 2026 at 9:00 am.
• Remote e-voting ends on September 27, 2026 at 5:00 pm.
• Cut-off date for voting eligibility is September 21, 2026.
• Book closure period is from September 22, 2026 to September 28, 2026.

Mr. Jatin Gupta of M/s. Jatin Gupta & Associates has been appointed as Scrutinizer for the e-voting process. Members holding shares in physical or electronic form who have not registered their email addresses can update them via the Registrar and Share Transfer Agent, Skyline Financial Services Pvt Ltd.

What the Numbers Show

The shift from a net loss to a substantial profit indicates a recovery in core business fundamentals. While total revenue growth was modest at approximately 0.3%, the doubling of EBITDA from continuing operations suggests significant margin expansion or cost efficiencies within the primary textile business segments.

Ginni Filaments Limited reported a net profit of ₹905.30 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a 14.7% year-on-year decline from ₹1,061.02 lakh in Q1FY26. The drop was primarily driven by weaker profitability in the Consumer Products segment, which offset strong performance in the Textiles division. Revenue from operations grew marginally by 1.3% to ₹10,288.85 lakh, while EBITDA contracted sharply by 37.4% to ₹1,301.80 lakh due to margin pressures and one-off losses in the prior year comparison period.

The Board of Directors approved the unaudited financial results on July 28, 2026. The statutory auditors, Doogar & Associates, conducted a limited review in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, issuing a clean report with no material misstatements identified. The results were subsequently published in Business Standard and Dainik Jagran on July 30, 2026, as per regulatory disclosure norms.

Financial Highlights

Note: EBITDA calculated as Segment Results before finance costs.

Segment Performance Analysis

The divergence in segmental performance defined the quarter’s financial outcome. The Textiles segment delivered robust earnings of ₹1,078.56 lakh, a significant increase from ₹651.75 lakh in the preceding quarter. This strength helped stabilize overall revenue, which rose slightly despite broader market headwinds. Conversely, the Consumer Products segment recorded earnings before interest and tax of ₹223.24 lakh, down sharply from ₹679.27 lakh in Q1FY26. This decline was exacerbated by an exceptional loss of ₹545.79 lakh recorded in Q1FY26 related to the revaluation of assets held for sale following the closure of the Garments undertaking.

Total comprehensive income for the period stood at ₹875.11 lakh. Finance costs decreased to ₹71.54 lakh from ₹102.95 lakh in Q4FY26, providing some relief to the bottom line on a quarterly basis. However, this operational efficiency was not enough to counteract the significant year-on-year contraction in operating margins.

Strategic Developments and Governance

Beyond financial results, the Board approved several strategic initiatives. The company will incorporate a wholly owned subsidiary, Ginni RSA (Pty) Ltd, in the Republic of South Africa. This entity will focus on the manufacturing, converting, trading, and sale of wet wipes and allied consumer products. The initial capital subscription is capped at ₹10 crore, to be infused in tranches subject to regulatory approvals under the Foreign Exchange Management Regulations.

In governance matters, the Board sought shareholder approval for Shishir Jaipuria, Chairman and Managing Director, to continue in his role beyond the age of 70 years. Jaipuria, who was re-appointed for three years starting April 1, 2026, will attain the age of 70 on April 6, 2027. His continuation requires a special resolution under Section 196(3)(a) of the Companies Act, 2013, to be voted on at the 43rd Annual General Meeting scheduled for September 28, 2026.

Additionally, Mr. Suresh Singhvi was re-appointed as Whole-Time Director designated as Director (Finance) & CFO for a one-year term effective August 1, 2026, subject to member approval.