G R Infraprojects Limited — Quarter and year ended 31 March 2026 (Audited)
11th May 2026
| Sl. No. | Particulars | Quarter ended 31 March 2026 (Audited) | Quarter ended 31 December 2025 (Unaudited) | Quarter ended 31 March 2025 (Audited) | Year ended 31 March 2026 (Audited) | Year ended 31 March 2025 (Audited) |
|---|---|---|---|---|---|---|
| I | Revenue from operations | 2,52,090.00 | 2,03,949.21 | 1,99,040.85 | 7,62,021.73 | 6,51,556.78 |
| II | Other income | 9,880.20 | 12,763.34 | 13,888.72 | 46,104.75 | 50,034.40 |
| III | Total income (I + II) | 2,61,970.20 | 2,16,712.55 | 2,12,929.57 | 8,08,126.48 | 7,01,591.18 |
| IV (a) | Cost of material consumed | 12,121.19 | 11,359.03 | 10,418.28 | 42,201.32 | 30,251.45 |
| IV (b) | Construction expenses | 1,91,056.65 | 1,53,573.33 | 1,32,720.02 | 5,62,081.47 | 4,55,518.44 |
| IV (c) | Decrease / (increase) in inventories of finished goods and work in progress | 38.41 | (1,221.14) | 92.71 | (1,794.12) | 217.31 |
| IV (d) | Employee benefits expense (refer note 9) | 14,659.15 | 16,924.32 | 14,792.77 | 60,454.43 | 60,534.40 |
| IV (e) | Finance costs | 997.35 | 1,008.42 | 1,546.98 | 4,323.57 | 8,568.67 |
| IV (f) | Depreciation and amortisation expense | 4,574.45 | 4,913.83 | 5,724.94 | 19,835.93 | 24,483.22 |
| IV (g) | Other expenses | 6,871.34 | 2,771.03 | 6,172.39 | 16,046.20 | 14,582.52 |
| IV | Total expenses (IV) | 2,30,318.54 | 1,89,328.82 | 1,71,468.09 | 7,03,148.80 | 5,94,156.01 |
| V | Profit before exceptional items and tax (III-IV) | 31,651.66 | 27,383.73 | 41,461.48 | 1,04,977.68 | 1,07,435.17 |
| VI | Exceptional items (refer note 5) | 21,205.26 | 4,110.00 | 3,736.84 | 25,315.26 | 2,357.14 |
| VII | Profit before tax (V+VI) | 52,856.92 | 31,493.73 | 45,198.32 | 1,30,292.94 | 1,09,792.31 |
| VIII (a) | Current tax | 9,847.26 | 8,321.01 | 8,565.11 | 29,997.67 | 28,426.03 |
| VIII (b) | Adjustment provision of tax relating to earlier period/year (net) | 14.05 | 597.48 | – | 611.53 | 390.13 |
| VIII (c) | Deferred tax charge / (credit) | 1,269.05 | (639.79) | (490.38) | 78.12 | 315.46 |
| VIII | Total Income tax expense (VIII) | 11,130.36 | 8,278.70 | 8,074.73 | 30,687.32 | 29,131.62 |
| IX | Profit for the period/year (VII-VIII) | 41,726.56 | 23,215.03 | 37,123.59 | 99,605.62 | 80,660.69 |
| X (a) | Re-measurements gain/(loss) of defined benefit plans | 591.61 | (141.64) | 90.06 | 265.07 | (369.80) |
| X (b) | Net (loss)/gain on equity instruments through OCI | (39.56) | 7.32 | (20.67) | (18.86) | 10.70 |
| X (c) | Income tax relating to above | (139.83) | 33.96 | (17.93) | (62.40) | 90.64 |
| X | Total other comprehensive income/(loss) (net of tax) (X) | 412.22 | (100.36) | (268.46) | 183.81 | (268.46) |
| XI | Total comprehensive income for the period/year (net of tax) (IX+X) | 42,138.78 | 23,114.67 | 37,175.05 | 99,789.43 | 80,392.23 |
| XII | Paid up equity share capital (Face value of ₹ 5/- each) | 4,838.04 | 4,838.04 | 4,837.03 | 4,838.04 | 4,837.03 |
| XIII | Other equity (excluding revaluation reserves) as at balance sheet date | 8,82,061.64 | 7,83,937.17 | |||
| XIV (a) | Earnings per share (EPS) – Basic earning per share – (₹) | 43.13 | 24.00 | 38.37 | 102.95 | 83.40 |
| XIV (b) | Earnings per share (EPS) – Diluted earning per share – (₹) | 43.12 | 23.99 | 38.35 | 102.93 | 83.35 |
Standalone Statement of Assets and Liabilities
| ₹ in Lakhs | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| Assets | ||
| Non-current assets | ||
| (a) Property, plant and equipment | 94,886.88 | 1,06,936.05 |
| (b) Capital work-in-progress | 2,679.62 | 13,720.27 |
| (c) Investment property | 7,715.81 | – |
| (d) Intangible assets | 115.95 | 39.53 |
| (e) Right of use assets | 545.33 | 541.92 |
| (f) Intangible asset under development | 271.20 | – |
| (g) Financial assets | ||
| (i) Investments | 3,06,461.47 | 2,67,968.81 |
| (ii) Loans | 1,26,850.14 | 1,44,220.75 |
| (iii) Other financial assets | 184.52 | 408.39 |
| (h) Income tax assets (net) | 1,331.65 | 1,738.75 |
| (i) Other assets | 2,717.81 | 2,052.20 |
| Total Non-Current Assets | 5,43,760.38 | 5,37,626.67 |
| Current assets | ||
| (a) Inventories | 73,902.55 | 53,801.37 |
| (b) Financial assets | ||
| (i) Investments | 24,535.34 | 31,332.11 |
| (ii) Trade receivables | 2,37,231.86 | 1,84,217.44 |
| (iii) Cash and cash equivalents | 65,627.69 | 42,327.35 |
| (iv) Bank balances other than (iii) above | 1,074.27 | 16,169.38 |
| (v) Other financial assets | 22,224.75 | 5,918.70 |
| (c) Other assets | 1,29,084.41 | 1,08,608.81 |
| Total Current Assets | 5,53,680.87 | 4,42,375.16 |
| Total Assets | 10,97,441.25 | 9,80,001.83 |
| Equity and liabilities | ||
| Equity | ||
| (a) Equity share capital | 4,838.04 | 4,837.03 |
| (b) Other equity | 8,82,061.64 | 7,83,937.17 |
| Total Equity | 8,86,899.68 | 7,88,774.20 |
| Liabilities | ||
| Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 22,258.68 | 36,290.14 |
| (ii) Lease liabilities | 178.73 | 101.81 |
| (b) Provisions | 1,891.04 | 2,156.12 |
| (c) Deferred tax liabilities (net) | 18,441.80 | 18,301.28 |
| Total Non-Current Liabilities | 42,770.25 | 56,849.35 |
| Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 1,186.23 | 14,943.87 |
| (ii) Lease liabilities | 218.83 | 358.33 |
| (iii) Trade payables | ||
| (a) Total outstanding dues of micro enterprises and small enterprises | 19,768.02 | 4,992.86 |
| (b) Total outstanding dues of creditors other than micro enterprises and small enterprises | 87,545.33 | 79,403.79 |
| (iv) Other financial liabilities | 8,291.87 | 11,857.36 |
| (b) Other liabilities | 36,122.05 | 10,378.82 |
| (c) Provisions | 12,501.61 | 8,871.42 |
| (d) Tax liabilities (net) | 2,137.38 | 3,571.83 |
| Total Current Liabilities | 1,67,771.32 | 1,34,378.28 |
| Total Liabilities | 2,10,541.57 | 1,91,227.63 |
| Total Equity and Liabilities | 10,97,441.25 | 9,80,001.83 |
Annexure 1 – Statement of Standalone Cash Flow (Summary tables)
| Description | Year ended 31 March 2026 (Audited) | Year ended 31 March 2025 (Audited) |
|---|---|---|
| Profit before tax | 1,30,292.94 | 1,09,792.31 |
| Description | 2026 | 2025 |
|---|---|---|
| Depreciation and amortisation expenses | 19,835.93 | 24,483.22 |
| Impairment allowances (Provision for doubtful trade receivable) | 70.56 | – |
| Balances written off | 1,329.00 | – |
| Impairment loss of trade receivables (Bad debts written off) | 2,427.37 | 4,538.76 |
| Liabilities no longer payable written back | (101.96) | (149.88) |
| Provision for doubtful advances | 2.50 | – |
| Reversal of impairment allowances (Provision for doubtful trade receivable) | – | (113.22) |
| Exceptional items | (25,315.26) | (2,357.14) |
| Share based payment expenses | 552.84 | 389.09 |
| Interest income on loan and other financial assets | (32,789.47) | (25,716.32) |
| Dividend income from associate | (2,295.97) | (11,730.67) |
| Net gain on sale of current investments | (3,169.74) | (1,573.61) |
| Net loss/(gain) on fair value on financial assets measured at FVTPL | 213.53 | (227.35) |
| Distribution received from associate | – | (96.47) |
| Net unrealised gain on account of foreign exchange fluctuation | (316.62) | (0.50) |
| Net profit on sale of property, plant and equipment | (3,103.94) | (4,321.39) |
| Finance costs | 4,323.57 | 8,568.67 |
| 2026 | 2025 | |
|---|---|---|
| Operating Profit before Working Capital changes | 91,955.28 | 1,01,485.50 |
| Description | 2026 | 2025 |
|---|---|---|
| (Increase) / decrease in financial and non-financial assets | (31,015.33) | 12,536.16 |
| (Increase) / decrease in inventories | (20,101.18) | 22,964.09 |
| (Increase) in trade receivables | (55,512.35) | (16,361.04) |
| Increase in trade payables | 22,916.41 | 5,196.23 |
| Increase / (decrease) in provisions, financial and non-financial liabilities | 25,655.36 | (14,401.67) |
| 2026 | 2025 | |
|---|---|---|
| Cash flows generated from operating activities | 33,898.19 | 1,11,419.27 |
| Income tax paid (net of refunds) | 2026 | 2025 |
|---|---|---|
| Income tax paid (net of refunds) | (32,005.42) | (25,627.26) |
| Net Cash flows generated from operating activities (A) | 2026 | 2025 |
|---|---|---|
| Net Cash flows generated from operating activities (A) | 1,892.77 | 85,792.01 |
| Description | 2026 | 2025 |
|---|---|---|
| Purchase of property, plant and equipment, capital work in progress and investment property | (12,550.64) | (13,294.31) |
| Purchase of intangible assets and intangible under development | (375.58) | (8.44) |
| Proceeds from sale of items of property, plant and equipment | 11,557.06 | 10,290.26 |
| Loans given to subsidiaries | (73,040.54) | (61,105.86) |
| Loans repaid by subsidiaries and associate’s subsidiaries | 1,07,187.63 | 8,225.53 |
| Investment in subsidiaries (including perpetual debts) | (52,229.48) | (15,005.30) |
| Redemption of investment in perpetual debts | 2,303.95 | – |
| Proceeds from sale of equity shares in subsidiary company (including assignment of loan receivables) (refer note 5) | 25,796.82 | 51,563.92 |
| Redemption of investment in associate | 6,502.04 | 366.58 |
| Purchase of equity shares in subsidiaries (including loan) | (1,888.04) | (1,812.72) |
| Redemption / (Purchase) of current investment (net) | 9,752.98 | (29,475.48) |
| Changes in earmarked balance with banks | 829.18 | (1,027.47) |
| Investment in bank deposits having original maturity more than three months | (453.13) | (12,874.54) |
| Redemptions in bank deposits having original maturity more than three months | 14,603.17 | 13,270.55 |
| Distribution/dividend received from associate | 2,295.97 | 11,827.14 |
| Interest received | 16,089.59 | 12,372.05 |
| Net Cash flows generated from / (used in) investing activities (B) | 2026 | 2025 |
|---|---|---|
| Net Cash flows generated from / (used in) investing activities (B) | 56,380.98 | (26,688.09) |
| Description | 2026 | 2025 |
|---|---|---|
| Proceeds from issue of equity shares | 202.22 | 512.98 |
| Dividend paid to shareholders | (3,248.19) | (11,065.07) |
| Proceeds from non-current borrowings | – | 12,500.00 |
| Repayment of non-current borrowings | (26,246.16) | (31,096.37) |
| Proceeds from current borrowings (net) | – | (5,000.00) |
| Payment of lease liabilities | (451.33) | (872.73) |
| Interest and finance charges paid | (5 |