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gokak textiles ltd (532957) Details

Gokak Textiles Limited manufactures and sells various textile products primarily in India. The company provides cotton and blended yarns, industrial fabrics, terry towels, T-shirts, polos, undergarments, sweaters, etc. It also offers various types of yarn products, including dyed, knitting, weaving, socks, home furnishing, industrial, and customized yarns. In addition, the company provides canvas products, such as tents, tarpaulins, and animal and agriculture covers; and made ups comprising towels and knitted garments. Gokak Textiles Limited also exports its products to the Americas, Europe, Africa, and Asia/Oceania. The company was formerly known as ANS Textiles (Bangalore) Limited and changed its name to Gokak Textiles Limited in January 2007. Gokak Textiles Limited was founded in 1885 and is based in Bengaluru, India. Gokak Textiles Limited is a subsidiary of Shapoorji Pallonji & Company Limited.

Founded in 1885

gokak textiles ltd (532957) Top Compensated Officers

Chief Executive Officer, Wholetime Director a...
Total Annual Compensation: 4.6M
Compensation as of Fiscal Year 2014.

gokak textiles ltd (532957) Key Developments

Gokak Textiles Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Standalone and Consolidated Earnings Results for the Year Ended September 30, 2014

Gokak Textiles Ltd. reported audited standalone earnings results for the fourth quarter and standalone and consolidated earnings results for the year ended September 30, 2014. For the quarter, on standalone basis, the company reported total income from operations (net) of INR 820.687 million against INR 959.971 million a year ago. Loss from operations before other income, finance costs and exceptional items of INR 45.750 million against profit from operations before other income, finance costs and exceptional items of INR 25.471 million a year ago. Loss from ordinary activities after finance and before tax was INR 91.703 million against INR 23.831 million a year ago. Net loss was INR 87.791 million or INR 13.51 per basic and diluted share against INR 9.955 million or INR 1.53 per basic and diluted share a year ago. For the year, on standalone basis, the company reported total income from operations (net) of INR 3,417.523 million against INR 3,578.757 million a year ago. Loss from operations before other income, finance costs and exceptional items of INR 140.313 million against profit from operations before other income, finance costs and exceptional items of INR 61.704 million a year ago. Loss from ordinary activities after finance and before tax was INR 345.186 million against INR 129.184 million a year ago. Net loss was INR 341.274 million or INR 52.51 per basic and diluted share against INR 145.160 million or INR 22.33 per basic and diluted share a year ago. For the year, on consolidated basis, the company reported total income from operations (net) of INR 3,478.482 million, profit from operations before other income, finance costs and exceptional items of INR 2.107 million, loss from ordinary activities after finance and before tax was INR 313.917 million and net loss of INR 257.975 million or INR 39.69 per basic and diluted share compared to total income from operations (net) of INR 3.580.499 million, profit from operations before other income, finance costs and exceptional items of INR 182.232 million, loss from ordinary activities after finance and before tax was INR 118.361 million and net loss of INR 64.135 million or INR 9.87 per basic and diluted share a year ago.

Gokak Textiles Ltd., Board Meeting, Nov 10, 2014

Gokak Textiles Ltd., Board Meeting, Nov 10, 2014. Agenda: To consider audited standalone earnings results for the fourth quarter and standalone and consolidated earnings results for the year ended September 30, 2014.

Gokak Textiles Ltd Announces Resignation of C. G. Shah as Director

Gokak Textiles Ltd. announced that Mr. C. G. Shah, has resigned as a Director of the company with effect from September 30, 2014.

 

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