As attached
GCSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gretex Corporate Services has resubmitted its Q1 FY26 (quarter ended June 30, 2025) standalone and consolidated financial results to fix a typographical error in the notes. The actual numbers are unchanged. On a standalone basis, revenue from operations fell to ₹494.85 lakhs from ₹744.30 lakhs in Q1 FY25, a drop of about 34%, while profit after tax slipped to ₹38.85 lakhs from ₹128.23 lakhs. Consolidated revenue declined to ₹2,198.42 lakhs (vs ₹3,961.38 lakhs) and consolidated PAT came in at ₹95.50 lakhs (vs ₹697.58 lakhs). The company issued bonus shares in a 9:10 ratio in April 2025 and has applied to migrate from the BSE SME platform to the main boards of NSE and BSE. Notes also disclose a ₹20 lakh SEBI penalty (June 2025) for LODR/Issue Regulation violations, which has been provisioned, and a pending SEBI Show Cause Notice from December 2024.
Sharply lower YoY revenue and profits across both standalone and consolidated numbers raise concerns about near-term business momentum, though the filing itself is only a note correction. Regulatory overhang from the SEBI penalty and pending show-cause matter adds an extra risk factor for shareholders.