Announced Sat, 14 Feb · 14:51 IST

Outcome of Board Meeting held on 14/02/2026-Unaudited Financial Results_Dec,2025

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

GNRL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Gujarat Natural Resources Ltd approved unaudited standalone and consolidated results for Q3 FY26 and the nine months ended December 31, 2025. On a consolidated basis, revenue from operations rose to Rs 1,932.54 lakhs in 9M FY26 from Rs 1,571.70 lakhs in 9M FY25 (about 23% growth), and the company swung to a profit after tax of Rs 884.26 lakhs versus a loss of Rs 217.10 lakhs a year earlier. Standalone performance showed an even sharper swing — 9M FY26 PAT of Rs 690.71 lakhs compared to a loss of Rs 201.04 lakhs in 9M FY25 — though standalone revenue from operations grew to Rs 568.55 lakhs from Rs 60.31 lakhs driven partly by a one-time purchase and inventory reversal of Rs 1,253.53 lakhs. Other income is unusually large (Rs 671.43 lakhs consolidated, ~26% of total income), which inflates headline profitability. The auditor issued an unqualified limited review report with no observations.

Likely market impact

The company has turned profitable at both standalone and consolidated levels after reporting losses in the prior year, which is positive for shareholders, but earnings quality is weak because a significant chunk of profits comes from 'other income' rather than core operations. Investors should watch whether core oil & gas and trading revenues sustain this momentum in Q4 and beyond.