GSM Foils Business Update
GSM Foils Limited reported net sales of ₹10.71 Crore for August 2026. This monthly business update provides key sales performance data for investors.
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GSM Foils Limited reported net sales of ₹10.71 Crore for August 2026. This monthly business update provides key sales performance data for investors.
GSM Foils Limited reported July 2026 sales of ₹24.18 Crore, a 27.62% year-on-year increase. Cumulative sales for April-July 2026 reached ₹121.07 Crore.
GSM Foils Limited clarified that MD Mohansingh Parmar was injured in a firing incident and Chairman Sagar Bhanushali was arrested. Operations remain unaffected.
GSM Foils reported May 2026 net sales of ₹34.60 Crore, achieving 96.41% year-on-year growth. Cumulative April-May sales reached ₹61.62 Crore, reflecting strong operational momentum.
GSM Foils Limited released video clips of its Mumbai and Ahmedabad manufacturing units for public dissemination. This update addresses investor requests for greater operational transparency.
GSM Foils Limited reported April 2026 net sales of ₹27.03 Crore, representing a 66.75% YoY growth. The company noted improved aluminum availability and expects record sales in May 2026. Receivables as of April 30 stood at ₹73.61 Crore.
GSM Foils Limited provided a business update confirming it remains on track for FY27 targets despite aluminium price volatility. Receivables have normalized following March's deterioration. Separately, a promoter sold shares for personal financial needs, which the company states has no impact on operations or business funding.