The Board at its meeting held on 12/08/2025 has approved the Financial results for the quarter ended on June 30 2025 alongwith the other agendas
Awaiting price reaction for this filing.
GCCL Construction & Realities Ltd's board, meeting on August 12, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income stood at Rs. 28.80 lacs versus just Rs. 0.57 lacs in the same quarter last year, driven by Rs. 28.19 lacs in revenue from operations (nil a year ago). The company swung to a profit after tax of Rs. 5.25 lacs from a loss of Rs. 6.81 lacs in Q1 FY25. Basic EPS for the quarter was Rs. 0.04 versus negative Rs. 0.06 earlier. Other Comprehensive Income showed a large FVOCI equity gain of Rs. 1,097.50 lacs in the quarter. The board also noted the resignation of independent director Mrs. Gunjan P Jhaveri, approved the FY25 Director's Report, and cleared the notice for the 31st AGM. Auditor Sorab S. Engineer & Co. gave an unmodified review conclusion.
The return to operational revenue and profitability after a loss-making Q1 FY25 is a positive development for shareholders, though the absolute numbers remain very small relative to the company's Rs. 1,200 lac share capital. The resignation of an independent director may raise short-term governance concerns, but the board has reconstituted its committees promptly. The big FVOCI gain in Other Comprehensive Income is non-cash and reflects mark-to-market movements, not operating performance.