The Board at its meeting held on 12/08/2025 has approved the Standalone and Consolidated Unaudited Financial results for the quarter ended on June 30 2025 alongwith the other agendas
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Gujarat Credit Corporation Limited approved unaudited financial results for the quarter ended June 30, 2025, along with the Director's Report for FY25 and notice for the 32nd AGM. On a standalone basis, revenue from operations fell sharply to Rs 3.66 lacs from Rs 9.02 lacs in the same quarter last year, a drop of nearly 59%. The company reported a standalone net loss of Rs (9.06) lacs versus Rs (7.30) lacs in Q1 FY25, with expenses rising to Rs 9.05 lacs. On a consolidated basis, including losses from associate GCCL Infrastructure & Projects, the net loss widened to Rs (17.62) lacs. The auditor (Sorab S. Engineer & Co.) issued an unmodified limited review report with no qualifications.
The company continues to report losses with widening quarterly losses and declining revenue, which is a concern for shareholders. The thin revenue base (under Rs 10 lacs quarterly) against high fixed expenses suggests ongoing operational challenges in the real estate segment. Investors should watch for sustained losses and any signs of asset monetization or restructuring.