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GHCL Textiles has announced a board meeting, approving the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue of ₹285.00 crore, up from ₹244.41 crore YoY, while net profit for the period stood at ₹9.37 crore, compared to ₹4.49 crore in the previous year. Additionally, the board decided to discontinue production at the outdated Kaveri section of the Manapparai unit to reduce repair costs, with proceeds from asset sales earmarked for modernization efforts. This strategic move could enhance operational efficiency, presenting a positive outlook for investors.