Outcome of the Board Meeting held on May 16, 2026 - Submission of Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.
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GeeCee Ventures Limited reported audited standalone net profit of Rs 41.67 crore for FY2026 (vs Rs 41.39 crore in FY2025) and consolidated net profit of Rs 42.07 crore (vs Rs 46.75 crore). Total consolidated income jumped significantly to Rs 136.68 crore from Rs 75.95 crore, driven by Financial Services segment and a mark-to-market gain of Rs 126.18 crore on a single unquoted investment. The company operates in Real Estate (Segment A) and Financial Services (Segment B). Auditors issued unmodified (clean) opinions on both standalone and consolidated results. Board recommended final dividend of Rs 2 per share (face value Rs 10), subject to shareholder approval. M/s K.K. Naulakha & Co was re-appointed as Internal Auditor for FY2026-27.
Net profit growth was marginal on standalone basis and declined on consolidated basis, despite strong revenue growth. The one-time MTM gain of Rs 126.18 crore significantly boosted quarterly income. Dividend declaration is positive for shareholders.