Announced Fri, 6 Feb · 13:17 IST

Appointment of Mr. Phiroz Munshi (Non-Executive Independent Director) as Chairman of the board.

Management Changes View source PDF

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AI summary

Gujarat Petrosynthese Limited's board, which met on February 6, 2026, approved the unaudited financial results for Q3 FY26 and nine months ended December 31, 2025. Revenue from operations jumped to Rs 72.9 lakh in Q3 FY26 from Rs 42.5 lakh in Q3 FY25 (about 72% YoY growth), while nine-month revenue rose to Rs 1.66 crore from Rs 1.23 crore. Profit after tax for Q3 doubled to Rs 10.14 lakh (from Rs 5.34 lakh), and nine-month PAT nearly doubled to Rs 19.30 lakh (from Rs 9.63 lakh). Basic EPS for Q3 stood at Rs 1.70 versus Rs 0.89 a year earlier. Additionally, Mr. Phiroz Munshi, an existing Non-Executive Independent Director with over 50 years of experience in banking, metals, and petrochemicals, was appointed as Chairman of the board.

Likely market impact

The results show strong YoY growth in both revenue and profits, which is a positive signal for shareholders. The appointment of a seasoned independent director as Chairman strengthens board leadership and governance, though the overall scale of the company remains small.