GB Global Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
Awaiting price reaction for this filing.
GB Global Limited's board, meeting on February 13, 2026, approved its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Standalone revenue from operations for Q3 FY26 was Rs 2,470.16 lakhs, down sharply from Rs 6,300.48 lakhs in Q3 FY25, while nine-month standalone revenue fell to Rs 6,145.97 lakhs from Rs 12,549.47 lakhs. Standalone profit for the quarter dropped to Rs 347.97 lakhs from Rs 3,709.49 lakhs a year ago. On a consolidated basis, nine-month revenue declined to Rs 12,093.88 lakhs from Rs 22,593.98 lakhs, with profit falling to Rs 1,507.01 lakhs from Rs 9,529.40 lakhs. The board also noted related party transactions and disclosed that a Scheme of Amalgamation with its holding company, Dev Land Housing Private Limited (DLH), is pending NCLT hearing on February 20, 2026. The company's shares remain suspended from trading on NSE and BSE pending re-listing approval.
Sharp year-on-year decline in both revenue and profitability signals continued operational weakness, while the proposed merger with DLH is a material corporate action that could eventually lead to the company ceasing to exist as a separate listed entity. The ongoing trading suspension remains a key risk for shareholders awaiting liquidity.