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Amit Spinning Industries is enaged in only one reportable segment viz. Spinning Mill.
The company clarified prior period figures were restated to align with Ind AS for comparability. A fabric manufacturing unit, acquired in March, contributed ~6% to quarterly revenue, yet the company maintains a single 'Textile' operating segment. This offers clarity on historical data and new revenue streams.
Girnar Spintex's FY26 audited financial results are delayed due to incomplete statutory audit procedures and pending information. The company is actively working to finalize the audit and will submit the results once approved by the Board.
Girnar Spintex's Board couldn't approve the financial results for the quarter and financial year on May 30. This was due to critical information not being available and pending audit procedures. The Board will reconvene on June 02 to consider and approve the results.
Girnar Spintex was unable to submit its Q3 FY26 financial results on time. The delay stems from statutory auditors requiring additional time for limited review procedures, now in the final stage. The company anticipates submitting results and approving them in an adjourned board meeting by February 16, 2026.
For better comparability, Girnar Spintex has adjusted how previous financial figures are presented with current quarter results. This helps investors easily track performance trends, confirming that the original disclosed numbers remain unchanged.