Gayatri Projects Q1 FY26: Net Loss of ₹2.83 Crore, Revenue Down 36%
Gayatri Projects Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The Board of Directors approved these results in a meeting held on D...
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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 reported a net loss for the quarter and a significant decrease in revenue compared to the previous year, indicating a negative financial performance.
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Gayatri Projects Q1 FY26: Net Loss of ₹2.83 Crore, Revenue Down 36%
December 31, 2025, 08:11 AM
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Gayatri Projects Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The Board of Directors approved these results in a meeting held on December 31, 2025. The meeting commenced at 11:30 AM and concluded at 12:30 PM.
For the quarter ended June 30, 2025, the company reported a net loss of ₹2.83 crore on a standalone basis, compared to a net loss of ₹16.40 crore in the same quarter last year. Revenue from operations for the quarter stood at ₹7658.34 lakhs, a decrease of approximately 36% from ₹11940.77 lakhs in the corresponding quarter of the previous year. Finance costs increased to ₹636.47 lakhs from ₹216.33 lakhs.
The company also detailed its ongoing Corporate Insolvency Resolution Process (CIRP) which was initiated in November 2022. A One-Time Full & Final Debt Settlement (OTS) proposal by the promoters, accepted by 97.20% of the Committee of Creditors (COC) members, was approved by the NCLT on September 10, 2025, leading to the withdrawal of CIRP. The company has paid the entire fund-based amount as per the approved OTS proposal. Significant notes highlight provisions and contingent liabilities related to investments in associate companies, inter-corporate loans, corporate guarantees, and advances to subcontractors. The company continues to operate on a going-concern basis.
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