Gujarat Raffia Industries News

Gujarat Raffia Industries Reports Mixed Quarterly Performance with Revenue Decline

Gujarat Raffia Industries Limited announced unaudited financial results for the quarter ended September 30, 2025, showing revenue from operations of Rs. 25.58 lakhs compared to Rs. 83.38 lakhs in the previous year quarter. The company reported a net profit of Rs. 33.76 lakhs for the current quarter versus Rs. 25.78 lakhs in the corresponding period last year, with earnings per share improving to Rs. 0.35 from Rs. 0.27.

Gujarat Raffia Industries Reports Delayed Disclosure of Company Secretary Resignation Due to Technical Issues

Gujarat Raffia Industries Limited disclosed that Mr. Mehulkumar Dulabhai Desai resigned from his positions as Company Secretary, Compliance Officer, and Key Managerial Personnel effective August 27, 2025. The company experienced a delay in filing the required disclosure due to technical issues with OTP receipt on their registered mobile number while accessing BSE Listing Centre. The disclosure was eventually filed on September 1, 2025. The company stated the delay was unintentional and purely technical in nature.

Gujarat Raffia Industries Board Approves Quarterly Financial Results

Gujarat Raffia Industries Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2025. The board meeting was held on August 14, 2025, at the company's registered office from 3:00 PM to 3:45 PM. The results include a Limited Review Report issued by M/s. KPSJ Associates & LLP, the company's statutory auditors. The trading window for insiders has been closed since July 1, 2025, and will remain closed until 48 hours after the financial results are made public. This closure applies to all Directors, Key Managerial Personnel, Designated Employees and Connected Persons as defined in the company's Code of Conduct for Prohibition of Insider Trading.

Gujarat Raffia Industries Submits Annual Report Following 39th AGM

Gujarat Raffia Industries Limited has submitted its Annual Report for financial year 2024-25 after completing its 39th Annual General Meeting on August 12, 2025. The company reported total revenue of Rs. 3,057.43 lakhs compared to Rs. 3,180.04 lakhs in the previous year. Profit before tax decreased to Rs. 62.03 lakhs from Rs. 66.65 lakhs, while profit after tax was Rs. 52.24 lakhs versus Rs. 53.92 lakhs in 2023-24. The board has not recommended any dividend for the year to conserve resources for business expansion and working capital requirements. The company operates in manufacturing PE Tarpaulin, Plastic Sheeting, HDPE Woven Bags, and related products, with significant export presence targeting over 40% of production for exports.