Ginni Filaments reports Rs 10.26 crore standalone net profit in Q2, FY26

Delivering a landmark financial performance, Ginni Filaments reported a standalone net profit of Rs 10.26 crore in Q2, FY26. This result represents a staggering 12,725 per cent Y-o-Y increase from the Rs 0.08 crore recorded in the same period last year. The rise is primarily attributed to a massive 590 per cent leap in operating profit (EBITDA), which reached Rs 16.63 crore. While revenue growth remained relatively modest at 1.79 per cent, totaling Rs 95.03 crore, the company’s bottom line was significantly boosted by a 14 per cent reduction in operating expenses. This lean operational strategy allowed operating profit margins to expand from 2.58 per cent to a robust 17.5 per cent, effectively absorbing a higher tax outgo of Rs 3.29 crore.

The company’s strategic move away from its traditional garment division - which was classified as a discontinued operation in May 2025 - has sharpened its focus on high-margin technical textiles and consumer products. The non-woven spunlace segment, particularly medical disposables and hygiene wipes, now serves as a primary growth engine, insulating the firm from the broader 4 per cent-6 per cent revenue decline currently affecting the Indian cotton spinning sector. Despite industry-wide challenges such as reciprocal US tariffs and fluctuating yarn realizations, Ginni Filaments is leveraging its state-of-the-art facilities in Gujarat and Uttar Pradesh to maintain a 10.72 per cent net profit margin.

Ginni Filaments is a leading integrated manufacturer of cotton yarn, knitted fabrics, and non-woven spunlace textiles. Established in 1982, the Noida-headquartered firm serves global hygiene brands like Johnson & Johnson and Reckitt Benckiser. Its 2026 growth strategy focuses on technical textiles and sustainable consumer products following a sharp financial turnaround in late 2025.