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Gangotri Textiles Reports Zero Revenue and ₹1.24 Lakh Net Loss in Q3 FY26
Gangotri Textiles Limited reported zero revenue for the quarter ended December 31, 2025, as the company has no active operations. The net loss for the quarter stood at ₹1.24 lakhs, primarily driven by minimal administrative expenses. Crucially, the company disclosed that all its assets have been seized and sold by lenders, and it has stopped providing for interest since September 2015.
Key Highlights
Revenue from operations remained at ₹0 for the quarter and nine-month period ended December 31, 2025.
Net loss for Q3 FY26 was ₹1.24 lakhs, compared to a loss of ₹1.98 lakhs in the previous quarter.
All company assets have been seized and sold by lenders; interest provisions have been suspended since September 2015.
Promoter holding stands at 24.53%, with 75% of the promoter stake (18.36% of total capital) currently pledged.
The company operates in a single segment (Textiles) but currently reports results under discontinued operations.
💼 Action for Investors
With no assets and zero revenue, the company is effectively defunct and in a state of liquidation by lenders. Investors should avoid this stock as there is no fundamental basis for valuation or business recovery.