Outcome of Board Meeting held on 11th May 2026.
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
G R Infraprojects Limited reported strong FY2026 results with standalone revenue of Rs 7,62,022 lakhs, up 20.7% from Rs 6,31,557 lakhs in FY2025. Profit after tax grew 23.5% to Rs 99,606 lakhs from Rs 80,661 lakhs. However, operating margin compressed to 10.90% from 13.88% due to labour code implementation costs of Rs 2,427 lakhs. Exceptional gains of Rs 25,315 lakhs were recorded from sale of four subsidiaries to Indus Infra Trust. The Board appointed Mr. Ajendra Kumar Agarwal as Chairman (in addition to Managing Director), re-appointed Mr. Rajan Malhotra as Independent Director, and appointed Mr. Ashwin Agarwal as Whole Time Director. Mr. Desh Raj Dogra completed his tenure as Independent Director. Auditors issued an unmodified opinion with emphasis on a pending NHAI regulatory matter before Gauhati High Court.
The company delivered solid revenue and profit growth though margin compression may concern investors. Low debt equity ratio of 0.03 indicates healthy balance sheet. Leadership consolidation with new chairman appointment is positive for governance.