Ginni Filaments announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2018.

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Net profit of Ginni Filaments reported to Rs 1.49 crore in the quarter ended June 2018 as against net loss of Rs 1.08 crore during the previous quarter ended June 2017. Sales rose 15.93% to Rs 199.81 crore in the quarter ended June 2018 as against Rs 172.35 crore during the previous quarter ended June 2017.

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Ginni Filaments will hold a meeting of the Board of Directors of the Company on 9 August 2018.

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Net loss of Ginni Filaments reported to Rs 0.12 crore in the quarter ended March 2018 as against net profit of Rs 4.14 crore during the previous quarter ended March 2017. Sales declined 12.43% to Rs 177.40 crore in the quarter ended March 2018 as against Rs 202.58 crore during the previous quarter ended March 2017.

For the full year,net profit declined 83.53% to Rs 2.66 crore in the year ended March 2018 as against Rs 16.15 crore during the previous year ended March 2017. Sales declined 8.07% to Rs 703.00 crore in the year ended March 2018 as against Rs 764.68 crore during the previous year ended March 2017.

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