FY25 results: revenue declines, net loss widens; CIRP withdrawn after OTS settlement
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Gayatri Projects reported FY25 audited results. Revenue fell to Rs 44,992 lakhs from Rs 67,055 lakhs YoY. Net loss widened to Rs 6,880 lakhs versus Rs 5,302 lakhs prior year, with exceptional items loss of Rs 8,545 lakhs. Net worth fully eroded with accumulated losses of Rs 2,00,994 lakhs. CIRP initiated Nov 2022 was withdrawn in Sep 2025 after promoters OTS of Rs 750 crore was accepted by 97.20 percent lenders.
Going concern uncertainty flagged by auditor despite CIRP withdrawal. Continued losses, erased net worth, and large contingent liabilities remain risks for shareholders.