1) Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31st March, 2026 along with Auditors Report and Declaration with Unmodified opinion
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Gujarat Credit Corporation reported a return to profitability in FY2026 with standalone net profit of Rs. 1.57 Lacs versus a loss of Rs. 27.15 Lacs in FY2025. Total income grew to Rs. 30.02 Lacs from Rs. 17.02 Lacs, driven by a significant reduction in other expenses (down to Rs. 13.11 Lacs from Rs. 33.25 Lacs). Consolidated group net profit stood at Rs. 2.24 Lacs vs a loss of Rs. 87.16 Lacs in the prior year, boosted by Rs. 6.67 Lacs share of profit from associate GCCL Infrastructure and Projects Limited. Borrowings increased substantially to Rs. 1,867 Lacs from Rs. 1,244 Lacs. The auditor issued an unmodified (clean) opinion, confirming no qualifications on the financial statements.
The company returned to profit after two consecutive loss years, a positive sign. However, the sharp increase in debt and significantly negative operating cash flow of Rs. 500.24 Lacs (vs positive Rs. 555.88 Lacs prior year) raise concerns about cash generation ability despite profitability.