Ginni Filaments Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting
05-08-2025 | 06:16 pm
05-08-2025 | 06:16 pm
Ginni Filaments' board meeting delivered a strong Q1 FY26. Revenue surged to ₹101.54 Cr, with Net Profit from continuing operations hitting ₹14.75 Cr. The board approved re-appointing MD Shishir Jaipuria for another three years. A key strategic move includes altering the company's Memorandum to enable captive electricity generation, signaling a push for operational efficiency. Note that the company reclassified its Garment Division as discontinued operations; overall reported profit for the period, impacted by associated losses and an exceptional item, stood at ₹10.61 Cr.
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