News Paper Publication of Audited financial Results 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gayatri Highways Ltd published its audited financial results for Q4 and FY 2025-26. Standalone total income for the year was Rs. 5,205.83 Lakhs with net profit of Rs. 2,053.16 Lakhs. However, Q4 showed a net loss of Rs. 239.42 Lakhs. The statutory auditors issued a modified opinion due to multiple issues: incorrect write-back of loans from Gayatri Projects Ltd overstating equity by Rs. 4,816.12 Lakhs; loan default to IL&FS Financial Services of Rs. 3,822.65 Lakhs plus Rs. 1,193.21 Lakhs unpaid interest; and failure to provide Rs. 1,720.20 Lakhs interest on IL&FS loan. Additionally, investments in jointly controlled entities Cyberabad Expressways Ltd and Hyderabad Expressways Ltd require impairment provisions of Rs. 4,946.42 Lakhs not recognized by management. The material subsidiary Indore Dewas Tollways Ltd has been admitted into liquidation under IBC.
This is a highly concerning filing with significant audit qualifications indicating material misstatements. The company overstated its equity by nearly Rs. 4,946 Lakhs by not recording required impairments on stressed assets. Shareholders should be cautious as the reported profits may not reflect the true financial position.