Financial Results Summary (All figures in ₹ Lakhs)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from Operations: ₹2,185.16
  • Other Income: ₹103.98
  • Total Income: ₹2,289.14
  • Total Expenses: ₹1,625.19
  • Profit Before Tax: ₹663.96
  • Tax Expense: ₹177.13 (Current Tax: ₹166.78, Deferred Tax: ₹(5.27), Prior Year Tax: ₹15.62)
  • Profit After Tax: ₹486.82
  • Total Comprehensive Income: ₹486.82
  • Basic EPS: ₹0.03
  • Diluted EPS: ₹0.03
  • Paid-up Equity Share Capital: ₹15,844.99

Comparative Performance:

  • Q1 FY27 PAT of ₹486.82 lakh vs Q4 FY26 net loss of ₹626.39 lakh
  • Q1 FY27 Revenue from Operations of ₹2,185.16 lakh vs ₹2,798.19 lakh in Q4 FY26
  • Q1 FY27 PAT of ₹486.82 lakh vs ₹204.40 lakh in Q1 FY26

Auditor Qualifications and Management Response

The statutory auditors, A K Bhargav & Co., issued a qualified limited review report citing three main concerns:

1. Investment in Nakshatra Special Situation Fund:

  • Carrying value: ₹7.50 crore as of June 30, 2026
  • Insufficient evidence for fair valuation as required under Ind AS 109
  • Impact on carrying value and profit/loss cannot be determined

2. Advance to Silverline Furnishing and Furniture Pvt Ltd:

  • Advance amount: ₹4.50 crore as of June 30, 2026
  • Lack of supporting documents regarding nature, purpose, terms, and recoverability
  • Unable to verify appropriate recognition or need for impairment provision

3. Delay in Deposit of Statutory Dues:

  • Substantial statutory dues remained outstanding during the quarter
  • Company continued business and investment activities despite outstanding dues
  • Insufficient evidence regarding business rationale for investments and inter-corporate deposits

Management's View:

  • No adjustments warranted in the financial results
  • Statutory dues delay due to timing reasons, payment in process
  • Investments and deposits made in ordinary course with bona fide commercial considerations
  • Investments supported by valuation reports from independent registered valuers
  • Carrying values considered appropriate with no foreseeable diminution

Segment-wise Performance (₹ Lakhs)

Revenue Breakdown for Q1 FY27:

  • Trading Division - Infrastructure: ₹2,325.06
  • Dealing In Shares/Securities: ₹(139.90) [Loss]
  • Engineering Based Services: ₹0

Segment Results Before Tax and Interest:

  • Trading Division - Infrastructure: ₹751.51 profit
  • Dealing In Shares/Securities: ₹(139.90) loss

Major Customer Concentration

For Q1 FY27, four major customers in Infra and Energy segment contributed:

  • Customer 1: ₹891.16 Lakhs
  • Customer 2: ₹323.46 Lakhs
  • Customer 3: ₹319.25 Lakhs
  • Customer 4: ₹306.56 Lakhs

Additional Information

  • Meeting duration: 6:25 PM to 7:35 PM on August 12, 2026
  • Financial results prepared in accordance with Ind AS
  • Results reviewed by Audit Committee and approved by Board of Directors
  • Equity shares suspended by BSE Limited for penal reasons
  • No investor complaints during the quarter
  • Results available on company website (www.ggengg.in) and BSE website