<h1>Girnar Spintex Industries Releases Financial Results for Quarter and Year Ended March 31, 2026</h1>
Girnar Spintex Industries Limited, formerly known as Amit Spinning Industries Limited, has released its financial results and integrated filing for the quarter and financial year ended March 31, 2026. The company's Board of Directors concluded an adjourned meeting on June 3, 2026, approving the Audited Standalone Financial Results, along with the Auditors' Report.
The company has confirmed that its Statutory Auditors have issued an Audit Report with Unmodified Opinion on the Audited Standalone Financial Results for the financial year ended March 31, 2026. The company operates in the cotton yarn manufacturing sector and maintains only one reportable operating segment as per Ind AS 108.
Key Financial Highlights (in Lakhs)
The audited results reflect the performance across various metrics, including revenue, expenses, and profitability. A detailed look at the financial statements provides insights into operations during the period ending March 31, 2026.The key figures from the Standalone Financial Results for the quarter and full year ended March 31, 2026 are summarized below:
| Particulars | Q ended 31.03.2026 (Audited) | FY ended 31.03.2026 (Audited) |
|---|---|---|
| Revenue (net) | 12,583.65 | 529.98 |
| Total Income | 3,680.14 | 3,535.92 |
| Cost of materials consumed | 1,782.58 | 7,450.32 |
| Purchases of stock-in-trade | 1,488.73 | 1,977.96 |
| Current in inventories (Finished goods & W/P) | (615.51) | (1,292.69) |
| Total Expenses | 3,663.34 | 12,190.56 |
| Profit before exceptional items and tax | 16.80 | - |
| Profit for the period from continuing operations | 16.80 | 393.09 |
Financial Position as of March 31, 2026
The Statement of Assets and Liabilities reveals the company's financial structure at the close of the fiscal year. The total assets stood at 13,569.67 Lakhs, while total liabilities and equity amounted to 12,839.11 Lakhs.A breakdown of the balance sheet components is as follows:
| Component | Amount (in Rs. in Crores) |
|---|---|
| Non-current Assets | |
| Property, plant and equipment | 10,386.58 |
| Total Non-current assets | 10,622.47 |
| Current Assets | |
| Trade receivables | 1,707.95 |
| Total Current assets | 2,276.64 |
| Total Assets (A+B) | 12,839.11 |
| Equity & Liabilities | |
| Equity | 4,255.22 |
| Non-current Liabilities (including long term borrowings) | 2,852.99 |
| Current Liabilities (Financial and other) | 6,730.90 |
Cash Flow Analysis
The company's Cash Flow Statement highlights the movement of cash for the financial year ended March 31, 2026, showing operational flow and financing activities.| Metric | Mar 31, 2026 (in Lakhs) | Mar 31, 2025 (in Lakhs) |
|---|---|---|
| Cash From Operating Activities | 385.68 | 248.62 |
| Total Tax paid | 609.69 | 25.99 |
| Cash Flow from Investing Activities | 792.23 | 1,262.07 |
| Cash Flow from Financing Activities | (533.26) | (437.15) |
Net Worth Certificate
A certificate issued by Chartered Accountants provides the net worth of Girnar Spintex Industries Limited over three consecutive financial years:| Financial Year | Paid up equity share capital (Rs. in crore) | Net Worth (Rs. in crore) |
|---|---|---|
| FY 2022 - 2023 | 2.05 | -2.03 |
| FY 2023 - 2024 | 2.05 | -7.04 |
| FY 2024 - 2025 | 2.05 | -3.56 |
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