GHCL Textiles slides as CFO, Gaurav V resigns

Image
Last Updated : Feb 24 2025 | 10:04 AM IST

GHCL Textiles slipped 2.88% to Rs 73.80 after the company announced that Gaurav V. has tendered his resignation from the position of chief financial officer (CFO) and key managerial personnel, effective from 31 March 2025.

According to an exchange filing, Gaurav V. has tendered his resignation to pursue a new career opportunity for personal reasons.

The official announcement was made on Saturday, 22 February 2025.

GHCL Textiles is engaged in the purpose of the transfer of textile business (spinning business).

The companys standalone net profit surged 108.7% to Rs 9.37 crore in Q3 FY25 as against Rs 4.49 crore recorded in Q3 FY25. Revenue from operation jumped 16.6% YoY to Rs 285 crore in the quarter ended 31 December 2024.

As of 24th February 2025, the companys market capitalization stood at Rs 706.28 crore on the BSE.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2025 | 9:54 AM IST

Next Story