GTN Industries Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a loss after tax of ₹415 lakhs for the quarter and ₹509 lakhs for the half-year. The results have been reviewed by the Audit Committee and approved by the Board of Directors. The company has also re-constituted its Audit Committee as part of the board meeting proceedings.
GTN Industries Reports Financial Results for Q2 FY27
GTN Industries Limited has released its unaudited financial results for the second quarter and the half-year ended September 30, 2026. The financial statements were reviewed by the Audit Committee and subsequently approved by the Board of Directors on November 12, 2026.
Key Financial Highlights
For the quarter ended September 30, 2026, the company reported a loss after tax of ₹415 lakhs, compared to a loss of ₹94 lakhs in the same period of the previous year. The total income from continuing operations for the quarter stood at ₹315 lakhs.
The financial performance for the half-year ended September 30, 2026, also showed a loss after tax of ₹509 lakhs, against a loss of ₹290 lakhs in the corresponding half-year of the previous fiscal year. Total income from continuing operations for the half-year was ₹315 lakhs.
Audit Committee Reconstitution
In addition to the financial results, the Board of Directors also approved the reconstitution of the Audit Committee. The committee’s existing members include Shri Ranganath M V (Chairman), Shri Ashok Kumar TT, and Shri C. George Joseph. Following the reconstitution, the committee will continue with the same members, with Ms. Sabari S. Kambli added as a member.
Discontinued Operations
The results also reflect the impact of discontinued operations, primarily from the sale of the company’s Nagpur Unit. For the quarter ended September 30, 2026, the loss from discontinued operations was ₹184 lakhs. For the half-year ended September 30, 2026, the loss from discontinued operations amounted to ₹185 lakhs.
Balance Sheet Highlights
As at September 30, 2026, the total assets of the company stood at ₹14,652.27 lakhs. The total equity and liabilities were also reported at ₹14,652.27 lakhs. Notably, assets classified as held for sale amounted to ₹12,230.42 lakhs, reflecting the ongoing process related to the Nagpur Unit.
Source: BSE
