Pursuant to SEBI circular No. SEBI/HO/CFD/CFD-POD-2/CIR/P/2024/185 dated December 31,2024 read with BSE circular No. 20250102-4 and NSE Circular No. NSE/CML/2025/02 dated January 2, 2025, ....
Awaiting price reaction for this filing.
GB Global Limited submitted its Q3 FY26 and 9M FY26 unaudited results on February 13, 2026. Standalone revenue from operations dropped sharply to Rs 2,470.16 lacs versus Rs 6,300.48 lacs in Q3 FY25, a YoY decline of about 61%, while 9M FY26 standalone revenue fell to Rs 6,145.97 lacs from Rs 12,549.47 lacs. Standalone profit after tax for Q3 plunged to Rs 347.97 lacs from Rs 3,709.49 lacs (~91% lower YoY), and 9M standalone PAT was Rs 1,890.59 lacs vs Rs 5,587.05 lacs. On a consolidated basis, 9M FY26 revenue was Rs 12,093.88 lacs (down from Rs 22,593.98 lacs) and 9M PAT dropped to Rs 1,507.01 lacs from Rs 9,529.40 lacs, with an exceptional item of Rs 500.55 lacs booked. Statutory auditor Bhuta Shah & Co LLP issued an unqualified limited review report with no qualifications. The Board also noted related party transactions for the period and approved operational agenda items.
Sharp declines in both revenue and profit, coupled with the exceptional charge, paint a weak picture for the quarter and are likely to be viewed negatively by shareholders. The ongoing merger scheme with holding company Dev Land & Housing Pvt Ltd (NCLT hearing on February 20, 2026) and the still-suspended listing add uncertainty for retail investors.