GTN Textiles Ltd (532744)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, GTN Textiles' revenue was ₹3.0 Cr, and net profit ₹-10.0 Cr (against a profit a year earlier); the operating margin was 0.0%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹3.0 | — | +0.0% |
| Operating profit | ₹0.0 | — | — |
| Net profit | ₹-10.0 | to loss | — |
| EPS (₹) | -8.77 | to loss | loss widened |
| Operating margin | 0.0% | — | — |
📢 Recent Corporate Announcements
GTN Textiles reported the demise of its Co-Founder and Chairman Emeritus, Shri B K Patodia, on September 28, 2026. Consequently, he ceases to be part of the promoter group under Regulation 31A(6)(c) of SEBI LODR Regulations. The micro-cap company (market cap Rs 8 Cr) operates under stressed financials with TTM revenue of Rs 9 Cr, debt of Rs 19 Cr, and negative net worth of Rs -14 Cr. The announcement is a statutory disclosure of executive bereavement and promoter group cessation.
- Demise occurred on Monday, September 28, 2026, around 2:00 PM IST
- Shri B K Patodia ceases to be part of the Promoter group under Regulation 31A(6)(c)
- Filing issued by Company Secretary E K Balakrishnan on September 28, 2026
GTN Textiles Ltd has announced its 21st Annual General Meeting (AGM) to be held on September 28, 2026, via video conferencing. The company has fixed September 21, 2026, as the record date (cut-off) for determining shareholder eligibility. The register of members will remain closed from September 23 to September 28, 2026. This is a standard procedural filing for the company, which currently operates with a negative net worth of ₹23 Cr and a TTM loss of ₹10 Cr.
- 21st Annual General Meeting scheduled for September 28, 2026, at 11:30 AM
- Record date for voting eligibility fixed as September 21, 2026
- Book closure period defined from September 23, 2026, to September 28, 2026
- Company reports a negative net worth of ₹23 Cr against a market cap of only ₹8 Cr
- TTM revenue stands at ₹9 Cr with a net loss of ₹10 Cr
GTN Textiles Ltd has announced its 21st Annual General Meeting (AGM) will be held on September 28, 2026, via video conferencing. The company has fixed September 21, 2026, as the record date (cut-off date) for determining shareholder eligibility. The register of members and share transfer books will remain closed from September 23 to September 28, 2026. This is a standard procedural filing required under SEBI regulations.
- 21st Annual General Meeting scheduled for September 28, 2026, at 11:30 AM
- Record date for voting eligibility fixed as September 21, 2026
- Book closure period set from September 23, 2026, to September 28, 2026
- Company currently operates with a negative net worth of Rs -23 Cr
- TTM revenue stands at Rs 9 Cr against a TTM loss of Rs -10 Cr
GTN Textiles has reported a turnaround in its continuing operations for Q1 FY27, posting a net profit of Rs 0.35 Cr compared to a loss of Rs 0.13 Cr in the year-ago period. Revenue from operations jumped significantly to Rs 7.31 Cr, representing approximately 81% of the total TTM revenue in a single quarter, driven by a strategic shift to cotton yarn trading. However, the company's financial position remains precarious with a standalone net worth of Rs -35.90 Cr, leading auditors to maintain a 'going concern' warning. The company is also awaiting Rs 2.50 Cr from the final 0.63 acres of a land sale to further bolster liquidity.
- Revenue from operations increased to Rs 7.31 Cr in Q1 FY27 from Rs 1.29 Cr in Q1 FY26.
- Net profit from continuing operations turned positive at Rs 0.35 Cr vs a loss of Rs 0.13 Cr YoY.
- Trading in cotton yarn contributed the entire Rs 7.31 Cr of operational revenue following the discontinuation of manufacturing.
- Company expects Rs 2.50 Cr from the pending sale of the remaining 0.63 acres of land.
- Standalone Other Equity remains deeply negative at Rs -35.90 Cr as of June 30, 2026.
GTN Textiles reported a significant revenue jump to Rs 7.31 Cr in Q1 FY27, compared to Rs 1.29 Cr in the same quarter last year, driven by its pivot to cotton yarn trading. The company posted a net profit of Rs 0.35 Cr from continuing operations, a turnaround from a loss of Rs 0.13 Cr YoY. However, the statutory auditor has issued a 'going concern' warning as the company's net worth remains completely eroded at Rs -23 Cr. The company is currently liquidating land assets, with 0.63 acres remaining to be sold for an expected Rs 2.50 Cr.
- Revenue from operations increased to Rs 7.31 Cr in Q1 FY27 from Rs 1.29 Cr in Q1 FY26.
- Net profit from continuing operations stood at Rs 0.35 Cr vs a loss of Rs 0.13 Cr in the previous year's quarter.
- Company has successfully sold 25.08 acres of land, with 0.63 acres pending for a consideration of Rs 2.50 Cr.
- Trading in cotton yarn contributed the entire Rs 7.31 Cr to quarterly revenue following the discontinuation of manufacturing in FY23.
- 21st Annual General Meeting (AGM) is scheduled for September 28, 2026, via video conferencing.
GTN Textiles has scheduled a board meeting for August 10, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing under SEBI (LODR) Regulations. The trading window for designated persons has been closed since July 1, 2026, and will remain so until 48 hours after the results are declared. Investors should note the stock's 16.5% decline over the past three months leading into this earnings announcement.
- Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results
- Financial results cover the three-month period ended June 30, 2026
- Trading window closed from July 1, 2026, as per insider trading regulations
- Trading window to reopen 48 hours after the results are officially declared
- Stock price has declined 16.5% in the 3 months preceding this announcement
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