Gini Silk Mills Reports 68% Surge in Q2 Net Profit, Revenue Dips Marginally

2 min read     Updated on 12 Nov 2025, 05:59 PM
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Ashish TScanX News Team
Overview

Gini Silk Mills Limited announced its Q2 FY2026 results, showing a 68.10% increase in net profit to Rs 99.82 lakh, despite a 1.57% decrease in revenue to Rs 1,074.86 lakh. The company's EPS rose by 67.92% to Rs 1.78. Total expenses decreased to Rs 1,056.46 lakh, contributing to improved profitability. For the half-year, net profit reached Rs 113.68 lakh. The company's total assets stood at Rs 6,245.03 lakh, with total equity rising to Rs 5,098.23 lakh as of September 30, 2025.

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Gini Silk Mills Limited , a prominent player in the textile industry, has announced its financial results for the quarter ended September 30, 2025, showcasing a significant improvement in profitability despite a slight dip in revenue.

Financial Highlights

Particulars (Rs. in Lakhs) Q2 FY2026 Q2 FY2025 YoY Change
Revenue from Operations 1,074.86 1,091.99 -1.57%
Net Profit 99.82 59.38 +68.10%
Total Income 1,132.08 1,176.38 -3.77%
EPS (Rs.) 1.78 1.06 +67.92%

The company reported a net profit of Rs 99.82 lakh for the quarter, marking a substantial 68.10% increase from Rs 59.38 lakh in the same quarter last year. This impressive growth in profitability comes despite a marginal 1.57% decline in revenue from operations, which stood at Rs 1,074.86 lakh compared to Rs 1,091.99 lakh in the corresponding quarter of the previous year.

Operational Performance

Gini Silk Mills demonstrated strong cost management during the quarter. The total expenses decreased to Rs 1,056.46 lakh from Rs 1,075.93 lakh in the same quarter last year, contributing to the improved bottom line. This reduction in expenses, coupled with a slight increase in other income, helped offset the impact of the revenue decline.

Half-Year Performance

For the half-year period ended September 30, 2025, the company's net profit reached Rs 113.68 lakh, showing a modest increase from Rs 111.96 lakh in the previous year. The total comprehensive income for the quarter stood at Rs 103.28 lakh, reflecting the company's overall financial health.

Balance Sheet Strength

As of September 30, 2025, Gini Silk Mills reported total assets of Rs 6,245.03 lakh, up from Rs 6,196.17 lakh at the end of the previous financial year. The company's equity position strengthened, with total equity rising to Rs 5,098.23 lakh from Rs 4,969.89 lakh.

Investor Perspective

The substantial increase in earnings per share (EPS) to Rs 1.78 for the quarter, up from Rs 1.06 in the same quarter last year, is likely to be viewed positively by investors. This 67.92% growth in EPS underscores the company's ability to enhance shareholder value even in a competitive market environment.

Gini Silk Mills Limited continues to operate under a single business segment in the textile industry. The company maintains a paid-up equity share capital of Rs 559.26 lakh, with shares having a face value of Rs 10 each.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 12, 2025. The statement has been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.

As the textile industry navigates through various market challenges, Gini Silk Mills' performance this quarter demonstrates its resilience and ability to maintain profitability.

Historical Stock Returns for Gini Silk Mills

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Gini Silk Mills Appoints Sneha Kumari as New Company Secretary and Compliance Officer

1 min read     Updated on 25 Aug 2025, 07:04 PM
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Reviewed by
Shriram SScanX News Team
Overview

Gini Silk Mills Limited has appointed Ms. Sneha Kumari as its new Company Secretary and Compliance Officer. The decision was made during a board meeting on August 25, 2025. Ms. Kumari, 25, is an Associate Member of the Institute of Company Secretaries of India with experience in listed company compliances. The appointment is effective from August 25, 2025.

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*this image is generated using AI for illustrative purposes only.

Gini Silk Mills Limited , a renowned textile company, has announced the appointment of Ms. Sneha Kumari as its new Company Secretary and Compliance Officer. The decision was made during a board meeting held on August 25, 2025, at the company's registered office in Mumbai.

Key Appointment Details

Ms. Sneha Kumari, aged 25, brings a fresh perspective to the role with her qualifications and experience:

  • Associate Member of the Institute of Company Secretaries of India (Membership Number: A77257)
  • Bachelor's degree in Commerce
  • Experience in listed company compliances

Board Meeting Highlights

The board meeting, which took place at 413, Jogani Industrial Estate, Opp. Kasturba Hospital, J. R. Boricha Marg, Lower Parel (East), Mumbai, commenced at 5:00 PM and concluded at 5:30 PM. The key decision made during this meeting was the appointment of Ms. Kumari, effective from August 25, 2025.

Company Background

Gini Silk Mills Limited, an IS/ISO 9001:2015 certified company, has been in the textile industry since 1963. The company, known for its fine fabrics, has its registered office located at 413, Tantia Jogani Industrial Premises, (Sitaram Mill Compound), N. M. Joshi Marg, Lower Parel (East), Mumbai - 400011.

Management Statement

Mr. Deepak Harlalka, the Managing Director of Gini Silk Mills Limited, signed off on the appointment, demonstrating the management's confidence in Ms. Kumari's abilities to fulfill the role of Company Secretary and Compliance Officer.

This appointment is expected to strengthen Gini Silk Mills' corporate governance and compliance framework, aligning with the company's commitment to maintaining high standards in its operations and stakeholder relations.

Historical Stock Returns for Gini Silk Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+2.22%+2.21%-3.04%-27.36%-45.97%+14.43%
Gini Silk Mills
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