Pursuant to provisions of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and with reference to the captioned subject, we wish to inform ....
Awaiting price reaction for this filing.
The Board of Directors of GCCL Infrastructure & Projects Ltd met on August 12, 2025 and approved two key items. First, it appointed M/s. N H Shah & Co, Chartered Accountants as Internal Auditors for FY 2025-26. Second, it approved the standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to ₹0.24 lakh from ₹0.39 lakh in Q1 FY25, a decline of about 38%. Total expenses surged to ₹17.99 lakh (vs ₹11.54 lakh a year ago), driven mainly by finance costs and depreciation. The company reported a net loss of ₹17.49 lakh for the quarter, wider than the ₹10.96 lakh loss in Q1 FY25. Basic and diluted EPS stood at negative ₹4.57 per share. Statutory auditor Sorab S. Engineer & Co issued an unmodified limited review report.
Weak quarterly performance with shrinking revenue and widening losses signals ongoing operational stress. Shareholders should view this as a negative indicator, though the company's small scale (sub-₹1 lakh revenue) suggests it is in a minimal-operations phase. The change in internal auditor is a routine compliance matter and not material to stock price.