Gangotri Textiles Limited Reports Q3 FY26 Net Loss of ₹1.24 Lakh
Gangotri Textiles Limited reported Q3 FY26 results with a net loss of ₹1.24 lakh compared to ₹0.74 lakh loss in Q3 FY25. Nine-month losses improved to ₹5.60 lakh from ₹6.02 lakh in the previous year. All losses are attributed to discontinued operations, reflecting the company's current operational challenges with assets taken over by lenders.
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Gangotri Textiles Limited has announced its unaudited financial results for the third quarter of fiscal year 2026, ended December 31, 2025. The company's Board of Directors approved these results during a meeting held on January 30, 2026, following prior approval by the Audit Committee.
Financial Performance Overview
The company reported a net loss for the quarter, reflecting ongoing challenges in its operations. The financial performance shows losses attributed entirely to discontinued operations, indicating the company's current operational status.
| Period | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Net Loss (₹ lakh) | 1.24 | 0.74 | +67.57% |
| Other Expenses (₹ lakh) | 1.24 | 0.74 | +67.57% |
Nine-Month Performance
For the nine-month period ended December 31, 2025, the company's financial performance showed some improvement compared to the previous year.
| Metric | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|
| Net Loss (₹ lakh) | 5.60 | 6.02 | -6.98% |
| Other Expenses (₹ lakh) | 5.60 | 6.02 | -6.98% |
Earnings Per Share
The company's earnings per share for discontinued operations reflected the losses incurred during the reporting periods.
| Period | Basic EPS (₹) | Diluted EPS (₹) |
|---|---|---|
| Q3 FY26 | (0.0038) | (0.0038) |
| Q3 FY25 | (0.0022) | (0.0022) |
| 9M FY26 | (0.0172) | (0.0172) |
| 9M FY25 | (0.0184) | (0.0184) |
Shareholding Pattern
The company's shareholding structure remained unchanged during the quarter. Public shareholding stands at 2,46,14,177 shares, representing 75.47% of total share capital. Promoter and promoter group holdings include 59,87,593 pledged shares (75.00% of promoter holdings) and 20,12,864 non-encumbered shares (25.00% of promoter holdings).
Corporate Governance
The company reported no investor complaints during the quarter ended December 31, 2025. No complaints were pending at the beginning or end of the quarter, indicating effective investor relations management.
Operational Status
Gangotri Textiles continues to operate as a single-segment company in the textiles industry. However, the company noted that since all assets have been taken over and sold by lenders, it has been unable to pay interest for several years, with no interest provision made after September 2015. The company's operations remain classified as discontinued, with all financial results attributed to this classification.
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