G.G. Automotive Gears Q1 results: revenue falls 43%, PAT drops 59% YoY
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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G.G. Automotive Gears reported Q1 FY27 revenue of Rs 1586.07 lakhs, down 43 percent from Rs 2800.54 lakhs YoY. PAT fell to Rs 106.49 lakhs from Rs 260.22 lakhs, with EPS at Rs 1.07 versus Rs 2.60. Board approved the 52nd AGM via video conferencing, appointed M/s G Rawat and Associates as Internal Auditors for FY27, and M/s Purva Sharegistry for e-voting. Statutory auditor M/s S.N. Gadiya and Co issued an unqualified limited review report.
Sharp YoY decline in revenue and profit could weigh on sentiment, though the clean audit review offers some reassurance.