GTN Industries Reports Rs 202 Lakh Loss in Q1 Amid Revenue Decline
GTN Industries Limited, a textile products manufacturer, reported a net loss of Rs 202.00 lakhs for the first quarter, compared to a profit of Rs 45.00 lakhs in the same quarter last year. Revenue from operations decreased by 17% to Rs 3,858.00 lakhs. Total income stood at Rs 3,925.00 lakhs, while total expenses were Rs 4,134.00 lakhs. The company's EPS turned negative at Rs 1.15 per share, down from Rs 0.26 in the previous year's quarter.