Appointment of Cost Auditor of the Company.
GRINFRA · price
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G R Infraprojects reported strong FY2026 standalone results with revenue of Rs 7,62,022 lakhs (up 21% from Rs 6,31,557 lakhs) and profit after tax of Rs 99,606 lakhs (up 23.5% from Rs 80,661 lakhs). EPS stands at Rs 102.95. The Board approved appointment of M/s Rajendra Singh Bhati & Co. as Cost Auditors for FY2026-27 at Rs 1.25 lakh remuneration. Key leadership changes include Mr. Ajendra Kumar Agarwal appointed as Chairman (additional role to Managing Director), Mr. Ashwin Agarwal as Whole Time Director, and Mr. Rajan Malhotra's re-appointment as Independent Director proposed. Mr. Desh Raj Dogra completed his term and ceased as Independent Director. Auditors SRBC & Co LLP issued an unmodified opinion. Notable items include exceptional gains of Rs 25,315 lakhs from sale of four subsidiaries to Indus Infra Trust and recognition of Rs 2,427 lakhs labour code liability.
The 23.5% PAT growth and 21% revenue growth demonstrate solid operational performance. The appointment of a new Whole Time Director and Chairman signals strengthened leadership structure. Shareholders should note the unmodified audit opinion and ongoing but non-material regulatory matter in Assam.