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(29/05/2025 16:54)

Gini Silk Mills Q4 net profit down 52.86% at Rs 0.33 cr

The company reported standalone net profit of Rs 0.33 crore for the quarter ended March 31, 2025 as compared to Rs 0.70 crore in the same period last year, registering a year-on-year decline of 52.86 per cent.

Net revenue of the company declined by 5.08 per cent at Rs 11.03 crore in January-March quarter of this fiscal as against Rs 11.62 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 7.33 per cent to Rs 10.62 crore from Rs 11.46 crore in year ago period.

Other Income dipped by 31.94 per cent at Rs 0.49 crore versus (Mar'24 Rs 0.72 crore).

Operating Profit surged by 156.25 per cent to Rs 0.41 crore as against Rs 0.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 163.57 per cent in March quarter.

Interest declined by 36.00 per cent y-o-y to Rs 0.16 crore, while Taxation increased by 200.00 per cent at Rs 0.05 crore (Mar'24 Rs -0.05 crore).