GTN Industries Approves ₹41 Crore MOU For Nagpur Unit Sale

Q1 FY27 Quarterly Results YoY: Revenue at 44.4 Cr vs 38.6 Cr, up 15.1%. EBITDA turned profitable at 1.1 Cr vs loss of 0.2 Cr. EBITDA Margin at 2.4% vs -0.4%, expansion of 280bps; includes one-time write-off of 4.0 Cr GST input tax credit, implying adjusted EBITDA of ~5.1 Cr. PAT loss narrowed to 0.9 Cr vs loss of 2.0 Cr. Board approved an MOU for the proposed slump sale of the Nagpur unit as a going concern for 41 Cr plus approximately 30 Cr of net current assets, subject to shareholder approval and definitive agreements.