Submission of Financial Results for Period ended 30th June, 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 21 Jul 2026, 05:50 PM IST · BSE ID: 4fa7713e-ac4f-4fdb-9ae3-66c99a4d91cc
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its latest quarterly earnings, showing a profit of Rs. 16.34 million, and a director resigned.
🤖 AI Summary
- Gujarat Cotex reported standalone net profit of Rs. 16.34 million for the quarter ended June 30, 2026.
- Total standalone revenue from operations for Q1 FY27 reached Rs. 638.92 million.
- The Board approved and noted the resignation of Mr. Monil Navinchandra Vora, Non-Executive Independent Director, effective June 30, 2026.
- Earnings per share (Basic and Diluted) for Q1 FY27 stood at Rs. 0.02.
- The company operates in four segments: Trading of Fabrics, Trading of Agriculture Items, Sale of Industrial Plots, and Hotel Services.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for Q1 FY27
Rs. 16.34 million
Total Revenue for Q1 FY27
Rs. 638.92 million
EPS (Basic and Diluted) for Q1 FY27
Rs. 0.02
Net Profit for Q1 FY26 (prior year)
Rs. 40.59 million
Total Revenue for Q1 FY26 (prior year)
Rs. 481.77 million
🏢 How This Affects the Company
The financial results provide a performance update across its four business segments: Trading of Fabrics, Trading of Agriculture Items, Sale of Industrial Plots, and Hotel Services.
The company recorded a net profit of Rs. 16.34 million on a total revenue of Rs. 638.92 million for Q1 FY27.
The resignation of an Independent Director can lead to a temporary reduction in board oversight capacity until a replacement is appointed.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Basic and Diluted EPS reported at Rs. 0.02 for Q1 FY27. The change in board composition also affects governance structure.
🔍
Management Signal
The management's decision to accept the director's resignation and approve quarterly results indicates routine governance and financial reporting processes.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor segment-wise revenue and profitability trends.
Announcement of a new independent director to fill the vacancy.
Any further updates on business segment performance or strategic initiatives.
MEDIUM RISK
Decline in net profit compared to the prior year's corresponding quarter and the resignation of an independent director.
💡 Investor Takeaway
Gujarat Cotex reported a standalone net profit of Rs. 16.34 million for Q1 FY27 on a total revenue of Rs. 638.92 million. This compares to a net profit of Rs. 40.59 million in the corresponding quarter of the previous year. The resignation of an Independent Director was also accepted, effective June 30, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Company reported a net profit of Rs. 16.34 million for the quarter ended June 30, 2026, marking a positive financial outcome.
- Segment-A (Fabrics) reported a profit before tax and interest of Rs. 17.34 million for the quarter ended June 30, 2026.
⚠️ Concerns
- Prior year data for quarter ended June 30, 2025 shows a net profit of Rs. 40.59 million, which is higher than the current quarter's Rs. 16.34 million.
- Mr. Monil Navinchandra Vora, a Non-Executive Independent Director, resigned effective June 30, 2026, citing pre-occupation with other business activities.
📅 Company Track Record
Gujarat Cotex Ltd. previously informed BSE on July 14, 2026, about an upcoming Board meeting to consider Q1 FY27 results and a director's resignation. This filing confirms the outcome of that meeting, including the approval of financial results and the acceptance of the resignation.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Gujarat Cotex Limited's net profit for the quarter ended June 30, 2026?
Gujarat Cotex Limited reported a standalone net profit of Rs. 16.34 million for the quarter ended June 30, 2026.
What was the total revenue from operations for Gujarat Cotex in Q1 FY27?
The total standalone revenue from operations for Gujarat Cotex Limited was Rs. 638.92 million for the quarter ended June 30, 2026.
What significant board change occurred at Gujarat Cotex Limited?
The Board of Directors approved and noted the resignation of Mr. Monil Navinchandra Vora, a Non-Executive Independent Director, effective from June 30, 2026.
What was the Earnings Per Share (EPS) for Gujarat Cotex Limited in Q1 FY27?
The Basic and Diluted Earnings Per Share (EPS) for Gujarat Cotex Limited stood at Rs. 0.02 for the quarter ended June 30, 2026.
What were the profit and revenue figures for Gujarat Cotex in the comparable quarter of the previous year?
In the quarter ended June 30, 2025, Gujarat Cotex Limited reported a net profit of Rs. 40.59 million and a total revenue of Rs. 481.77 million.
Questions based on this BSE filing only. For information purposes.