GTN Industries reports substantial losses in Q2 FY27 financial results

GTN Industries Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a significant loss for the quarter of ₹415 lakhs and a loss for the half-year of ₹509 lakhs. This performance reflects ongoing challenges impacting the company’s profitability.

GTN Industries Unveils Q2 FY27 Financials

GTN Industries Limited has formally disclosed its unaudited financial results for the quarter and the half-year period concluding on September 30, 2026. These results were approved by the Board of Directors on November 12, 2026.

Quarterly Performance

For the quarter ended September 30, 2026, GTN Industries reported a substantial loss after tax of ₹415 lakhs. This compares to a loss of ₹94 lakhs for the corresponding quarter in the previous year (September 30, 2025). The company also experienced a loss of ₹191 lakhs before tax and exceptional items for the quarter.

Half-Yearly Performance

Looking at the half-year ended September 30, 2026, the company’s performance shows a continued trend of losses. The loss after tax for the half-year stood at ₹509 lakhs, a significant increase from the ₹290 lakhs loss recorded in the same period last year. The loss before tax and exceptional items for the half-year was ₹284 lakhs.

Discontinued Operations

The results also include details on discontinued operations, primarily related to the company’s Nagpur Unit, which has been classified as held for sale. For the quarter ended September 30, 2026, the loss from discontinued operations was ₹184 lakhs, and for the half-year, it was ₹185 lakhs. The balance sheet reflects assets classified as held for sale totaling ₹12,230.42 lakhs.

Equity and Share Capital

The company’s Equity Share Capital remained stable at ₹2,000 lakhs as of September 30, 2026, consistent with the previous year. However, Other Equity saw a decrease to ₹5,110.45 lakhs from ₹5,512.71 lakhs as of March 31, 2026.

Earnings Per Share

Reflecting the reported losses, the Basic & Diluted Earnings per Equity Share from continuing operations for the quarter ended September 30, 2026, were (₹1.20). For the half-year, this stood at (₹1.76).

Source: BSE

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