GHCL Textiles Limited — Results, 14-02-2025: Integrated Filing- Financial

GHCL Textiles Limited has announced a board meeting to discuss the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a total income of ₹287.61 crore, with a profit of ₹9.37 crore for the quarter. For the nine-month period, total income stood at ₹883.04 crore, leading to a consolidated profit of ₹41.77 crore. Additionally, the board approved discontinuing production at the outdated Kaveri section of the Manapparai unit, aiming to allocate proceeds from asset sales towards modernizing operations. This move is likely to support long-term operational efficiency, which may enhance investor sentiment positively amidst the company's ongoing strategic evolution.