Gayatri Projects Limited Announces Unaudited Financial Results for Q3 FY25
Gayatri Projects Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The Board of Directors approved these results in...
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Why is Gayatri Projects Limited in the news today?
Gayatri Projects Limited (GAYAPROJ) is in the news due to the company has reported a net loss for the quarter and nine-month period. however, the withdrawal of cirp and the approval of the ots proposal by lenders indicate a positive step towards financial restructuring and a potential path to recovery, balancing out the negative financial performance.
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Gayatri Projects Limited Announces Unaudited Financial Results for Q3 FY25
December 29, 2025, 08:40 AM
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Gayatri Projects Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The Board of Directors approved these results in a meeting held on December 29, 2025, which commenced at 11:30 a.m. and concluded at 2:07 p.m.
For the quarter ended December 31, 2024, the company reported a consolidated total income of ₹9,390.88 lakhs, with a net loss after tax of ₹197.03 lakhs. Total expenses amounted to ₹9,592.88 lakhs. For the nine-month period ended December 31, 2024, the consolidated total income was ₹32,471.15 lakhs, and the net loss after tax was ₹3,480.21 lakhs.
The company's results are presented in Lakhs of Rupees. Key financial metrics for the quarter include Revenue from operations at ₹9,082.92 lakhs and Total Expenses at ₹9,592.88 lakhs. The Loss before exceptional items and tax was ₹202.00 lakhs, and after exceptional items and share of profit/loss from joint ventures, the Profit/ (Loss) before Tax was ₹(197.03) lakhs.
The announcement also details the withdrawal of Corporate Insolvency Resolution Process (CIRP) proceedings against the company following the approval of a One-time full & final debt settlement (OTS) proposal by the lenders. The company has paid the entire fund-based amount as per the approved 12A plan. The financial results have been prepared on a going concern basis.
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