GVP Infotech Limited has submitted to the Exchange, the Unaudited financial results for the period ended Jun 30, 2025.
GVPTECH · price
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GVP Infotech reported unaudited Q1 FY26 results with revenue from operations of Rs. 409.82 lakhs, up from Rs. 352.43 lakhs in Q1 FY25 (about 16% YoY growth). Net profit jumped to Rs. 210.02 lakhs from Rs. 13.39 lakhs in the year-ago quarter, with EPS of Rs. 0.13. The auditor (Purushottam Khandelwal & Co.) issued an unqualified opinion but flagged an Emphasis of Matter regarding a Minosha India arbitration settlement: the original Rs. 110.02 crore claim was settled for Rs. 20 crore, with the remaining Rs. 90.02 crore to be written off in the next quarter. The auditor also noted that the company has not made provisions of Rs. 40 crore for RUDSICO dues and Rs. 7.90 crore for Linkwell Telesystems, which may overstate receivables. A rights issue (100:13 ratio) was fully subscribed in July 2025.
The headline PAT surge is partly driven by a one-time settlement credit, while a much larger Rs. 90 crore write-off is set to hit next quarter's books. The auditor's unprovided receivables (nearly Rs. 48 crore) raise concerns about asset quality and likely weigh on the stock despite the strong quarterly print.