Please find enclosed Audited Financials of the Company for the period ended March 31, 2026 along with Auditors Report.
GFLLIMITED · price
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GFL Limited reported audited standalone profit after tax of Rs. 163 lakhs for FY26 compared to a loss of Rs. 3,403 lakhs in FY25. Consolidated PAT was Rs. 4,502 lakhs vs loss of Rs. 7,559 lakhs. The FY25 losses were primarily due to a one-time deferred tax charge of Rs. 3,558 lakhs (standalone) and Rs. 3,386 lakhs (consolidated) arising from changes in long-term capital gains tax rates. Standalone revenue grew 10.8% YoY to Rs. 368 lakhs, while consolidated revenue increased 8.8% to Rs. 397 lakhs. The strong consolidated profit turnaround was driven mainly by share of profit from associate PVR INOX Limited (Rs. 5,073 lakhs vs loss of Rs. 5,051 lakhs). EPS improved from negative Rs. 3.10 to Rs. 0.15 on standalone basis and from negative Rs. 6.88 to Rs. 4.10 on consolidated basis. A scheme of merger by absorption of INOX Infrastructure Limited (wholly-owned subsidiary) is pending NCLT approval.
The company swung from losses to profits on the back of exceptional associate performance and reversal of one-time tax impact. However, standalone operations remain modest with revenue of only Rs. 368 lakhs, indicating the company's value is largely in its investment holdings. The pending merger could simplify the group structure.