GFL LIMITED

Acts as a holding company in the financial services sector, with consolidated profit after tax of Rs 4,502 lakhs in FY26 driven primarily by a Rs 5,073 lakhs share of profit from associate PVR INOX Limited (a theatrical exhibition business). On a standalone basis the entity is small, generating revenue of Rs 368 lakhs in FY26 with a profit after tax of Rs 163 lakhs and no material input costs. Standalone cost structure is dominated by employee costs at 21.6% of revenue and other operating expenses at 30.9% of revenue, with negligible capex. Segment-level reporting from the period ended September 2020 showed Wind Energy Business at 98.8% of segment revenue, Power at 1.0%, and Theatrical Exhibition at 0.2%, though no current segment-level operating detail is disclosed in the FY26 filings. A wholly-owned subsidiary, INOX Infrastructure Limited (real estate and property development), is being merged into the company via a scheme of merger by absorption; INOX had a net worth of Rs 5,517.11 lakhs as of September 30, 2025, compared to the listed entity's net worth of Rs 2,60,487 lakhs. The business sits within the INOX Group, whose founder was redesignated as Chairman and Managing Director in February 2026.