GHCL Textiles Limited , a prominent player in the Indian textile industry, has reported its unaudited financial results for the quarter ended June 30, prepared in compliance with Indian Accounting Standards.

Financial Highlights

Quarterly Performance Analysis

GHCL Textiles demonstrated resilience in a challenging market environment. Despite a 7% decline in revenue, the company managed to boost its bottom line, with net profit rising to ₹13.52 crore from ₹11.80 crore in the corresponding quarter of the previous year.

The company's focus on operational efficiency is evident in its improved EBITDA performance. EBITDA grew by 5.6% to reach ₹30.00 crore, up from ₹28.40 crore in the same period last year. More notably, the EBITDA margin expanded by 134 basis points to 11.20%, reflecting enhanced cost management and productivity.

Expansion and Capital Investment

GHCL Textiles has expanded its production capacity. The company announced the commencement of commercial production at its new 25,536 spindles facility at the Paravai location in Madurai. This expansion, known as the Meenakshi section, was formally inaugurated on July 2, although trial production had begun on June 12.

Furthermore, the Board of Directors has approved an additional capital budget of approximately ₹11.25 crore. This investment is earmarked for two key projects:

1. A 3 MW Roof Top Solar Power Project
2. Equipment for Specialty Yarns

These investments underscore GHCL Textiles' commitment to sustainable energy practices and its focus on value-added products.

Corporate Governance and Financial Management

The company reported total outstanding loans and revolving facilities of ₹94.70 crore with no defaults. GHCL Textiles confirmed no deviation in fund utilization as no public or rights issues were applicable.

The statutory auditor S.R. Batliboi & Co. LLP issued a Limited Review Report stating nothing came to their attention suggesting material misstatements in the financial results.

In a move to strengthen its leadership, the company has appointed Mrs. Sudha Pillai, IAS(Retd.), as the Lead Independent Director. This appointment is expected to bring valuable expertise and oversight to the company's board.

Market Outlook

While GHCL Textiles has shown improved profitability, the decline in revenue suggests ongoing challenges in the textile market. The company's strategic investments in capacity expansion and specialty products, coupled with its focus on operational efficiency, indicate a proactive approach to navigating the current market conditions.

As the textile industry continues to face headwinds, GHCL Textiles' performance in the coming quarters will be closely watched by investors and industry observers alike.

Note: All financial figures are based on the unaudited financial results for the quarter ended June 30, as reported by GHCL Textiles Limited.

GHCL Textiles Limited , a prominent player in the textile industry, has officially inaugurated the Meenakshi section of its Paravai unit in Tamil Nadu, signaling a significant expansion of its manufacturing capabilities.

Inauguration Details

The formal inauguration ceremony took place on July 02, 2025, at the Paravai unit located in Samayanallur Post, Madurai, Tamil Nadu. The event was graced by the presence of esteemed dignitaries, underscoring the importance of this development for both the company and the local community.

Production Timeline

While the official inauguration was held on July 02, it's noteworthy that the plant had already commenced trial production earlier. According to the company's disclosure, the Meenakshi section began its trial operations on June 12, 2025, allowing for a smooth transition to full-scale production.

Company Statement

In a communication to the National Stock Exchange of India Limited and BSE Limited, GHCL Textiles' Company Secretary and Compliance Officer, Lalit Narayan Dwivedi, confirmed that all details provided in their earlier communication dated July 02, 2025, remain unchanged. This statement ensures transparency and consistency in the information shared with stakeholders.

Implications for GHCL Textiles

The inauguration of the Meenakshi section at the Paravai unit represents a strategic move for GHCL Textiles Limited. This expansion is likely to enhance the company's production capacity and potentially strengthen its position in the competitive textile market.

Regulatory Compliance

The company's prompt disclosure of this development aligns with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory requirements demonstrates GHCL Textiles' commitment to maintaining transparency with its investors and the market at large.

As GHCL Textiles Limited moves forward with this new addition to its manufacturing infrastructure, stakeholders will be keen to observe how this expansion impacts the company's operational efficiency and market presence in the coming months.