StockWatch
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Other Textile Products
Quarterly Result28 May 2026, 09:21 pm

GTN Industries reports Q4/FY26 net loss of ₹160.56 Cr; preferential issue deferred

AI Summary

GTN Industries Limited's Board of Directors met on May 28, 2026, and approved the standalone audited financial results for the quarter and year ended March 31, 2026. For Q4 FY26, the company reported a net loss of ₹160.56 crore, and for the full fiscal year, a net loss of ₹172.50 crore. The statutory auditors, M/s. LODHA & CO LLP, issued an unmodified opinion on these results. Additionally, the Board approved submissions related to SEBI regulations and qualified borrowings. A proposal for the issue of equity shares on a preferential basis was deferred to the next meeting.

Key Highlights

  • Board approved standalone audited financial results for Q4/FY2026.
  • Company reported a net loss of ₹160.56 crore for Q4 FY26.
  • Full fiscal year FY26 net loss stood at ₹172.50 crore.
  • Statutory auditors issued an unmodified opinion on the financial results.
  • Preferential equity share issue proposal deferred to next meeting.