GAMMONINDNSEGammon India Limited· ConstructionHighNeutral
Announced Mon, 12 Oct, 2026 · 16:09 IST
Gammon India Q3 FY26: huge loss, going concern doubt, auditor qualification
Going ConcernQualified OpinionEmphasis Of MatterRevenue DeclinePat NegativeContingent Liabilities IncreasedResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Gammon India reported Q3 FY26 standalone revenue of just Rs 0.11 cr and 9M loss of Rs 921.35 cr. Auditor issued qualified conclusion on Rs 30 cr claims retention and Rs 989.91 cr unbooked penal interest from lenders and ARC. Going concern flagged: current liabilities exceed current assets by Rs 12,354 cr, equity trading suspended, lenders resolution plan stalled, winding up petitions filed, NPA since 2017.
Likely market impact
Stock already suspended. Company in severe financial distress with stalled resolution plan and significant insolvency risk for existing shareholders.