The 31st Annual Report of the Company for the financial year 2025
Awaiting price reaction for this filing.
GCCL Construction & Realities Ltd has filed the notice of its 31st AGM, scheduled for September 30, 2025, along with the Annual Report for FY 2024-25. The company reported Revenue from Operations of Rs. 0 (zero) for both FY25 and FY24, with Other Income of Rs. 51.51 lakhs versus Rs. 66.35 lakhs in the previous year. Profit after Tax fell sharply to Rs. 17.50 lakhs from Rs. 42.70 lakhs, while Total Comprehensive Income surged to Rs. 972.33 lakhs largely on the back of Other Comprehensive Income of Rs. 954.83 lakhs. The Income Tax Department conducted a search at the company's registered office from May 14 to May 17, 2025, with potential liabilities described as uncertain. No dividend has been recommended; three Independent Directors resigned and three new directors were appointed.
Core operations remain dormant with zero revenue and PAT nearly halved year-on-year, though a large one-time Other Comprehensive Income item boosted overall comprehensive income. The Income Tax department search is an unresolved overhang for shareholders, alongside notable board-level turnover. No dividend is being paid.