Company is an integrated textile manufacturer. It has two divisions: textiles and consumer products. In the textile division, it produces yarn, fabrics, non-woven fabrics, and garments. Its consumer products include wet wipes, medical disposables, and wound-care products. GFL has production facilities in Panoli (Gujarat), Mathura (Uttar Pradesh), Haridwar (Uttarakhand), and Noida (Uttar Pradesh).
Financial Results:
- Ginni Filaments Ltd reported Revenues for Q1FY24 of ₹224.56 Crores down from ₹274.85 Crore year on year, a fall of 18.3%.
- Total Expenses for Q1FY24 of ₹238.34 Crores down from ₹272.49 Crores year on year, a fall of 12.53%.
- Consolidated Net Profit of -₹8.83 Crores from ₹2.16 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹1.03, from ₹0.25 in the same quarter of the previous year.
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