Q1 FY27 results; profit driven by one-time deposit write-back of about Rs 4.95 cr

Emphasis Of MatterExceptional ItemRevenue DeclineResults View source PDF Explain this filing

GVPTECH · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹7.06

prior close

₹7.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.8% vs market

IT Enabled Services peers, median of 74sector-0.3%-0.4% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.4 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.4

10m

-3.4

15m

-3.9

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.1-0.8-0.3-0.4

Next day

-1.1+0.5-1.6-0.9-0.2

-0.6-0.1-0.5-1.7+1.2

-4.4+0.4-4.8-1.1-3.3

+1.7+0.7+1.0-1.1+2.8

+4.0+0.9+3.0-0.8+4.8

+4.5+1.1+3.4-1.2+5.7

15d

+11.9+1.6+10.3-1.3+13.2

+4.8-0.7+5.6-3.2+8.0

-0.8-3.2+2.4-6.6+5.7

—————

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 74Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Core revenue dropped sharply from Rs 409.82 lakh a year ago to just Rs 3.33 lakh. Operating loss stood at Rs 160.82 lakh. Reported net profit of Rs 366.50 lakh came almost entirely from a one-time Rs 494.99 lakh write-back of vendor deposits booked as exceptional income. Auditor flagged doubts over its classification. FY26 full-year loss was Rs 91.26 crore.

Likely market impact

Profit is cosmetic; core business is loss-making with revenue collapsing. Auditor raised red flags on the write-back.