Gem Spinners India Limited has announced its unaudited financial results for the second quarter and half year ended 30th September 2026. The company reported a net loss of ₹10.00 Lakhs for the quarter, a slight improvement from the previous year’s corresponding quarter. Total comprehensive income for the period also reflects this loss, with the company emphasizing its adherence to SEBI regulations in its disclosure.
Gem Spinners India Announces Q2 2026 Financial Results
Gem Spinners India Limited has disclosed its unaudited financial results for the second quarter and the half-year period ending 30th September 2026. The Board of Directors approved these results following a meeting held on 12th November 2026. The company’s performance reflects a net loss for the reported periods.
Financial Highlights
Quarter Ended 30th September 2026
For the quarter ended 30th September 2026, Gem Spinners India reported a Profit/(Loss) before exceptional items and Tax of (₹10.00 Lakhs). After accounting for zero tax expenses, the Profit/(Loss) from continuing operations stood at (₹10.00 Lakhs). Consequently, the Total Comprehensive Income for the period was also (₹10.00 Lakhs).
Half Year Ended 30th September 2026
In the half-year period ending 30th September 2026, the company’s Profit/(Loss) before exceptional items and Tax was (₹21.74 Lakhs). With no tax expenses, the Profit/(Loss) from continuing operations and the Total Comprehensive Income for the half-year were both (₹21.74 Lakhs).
Earnings Per Share
The Earnings Per Equity Share (Basic/Diluted) for the quarter ended 30th September 2026 was (₹0.02). For the half-year ended 30th September 2026, the Basic/Diluted Earnings Per Equity Share was (₹0.04).
Balance Sheet Snapshot
As of 30th September 2026, the company’s total assets amounted to ₹662.68 Lakhs. The total equity and liabilities stood at ₹662.68 Lakhs, with Shareholder’s Funds reflecting a negative balance of (₹287.36 Lakhs), primarily due to reserves and surplus.
Cash Flow Statement
The cash flow statement for the year ended 30th September 2026 shows a net cash used in operating activities of (₹11.31 Lakhs). Net cash used in investing activities was ₹0.00 Lakhs, while net cash used in financing activities was ₹11.35 Lakhs. The net increase in cash and cash equivalents for the period was ₹0.04 Lakhs, resulting in a closing balance of ₹1.14 Lakhs as of 30th September 2026.
Source: BSE
