G R Infraprojects Q1 FY27 Net Profit at ₹357.8 Crore

Revenue from operations: ₹2,42,342.22 lakhs (Q1 FY26: ₹1,82,613.54 lakhs)
Other income: ₹6,410.95 lakhs (Q1 FY26: ₹11,625.92 lakhs)
Total Income: ₹2,48,753.17 lakhs (Q1 FY26: ₹1,94,239.46 lakhs)
Total Expenses: ₹2,21,357.14 lakhs (Q1 FY26: ₹1,65,938.98 lakhs)
Profit Before Tax (PBT): ₹27,396.03 lakhs (Q1 FY26: ₹28,300.48 lakhs)
Tax Expense: ₹7,031.50 lakhs (Q1 FY26: ₹6,720.45 lakhs)
Profit After Tax (PAT): ₹20,364.53 lakhs (Q1 FY26: ₹21,580.03 lakhs)
Earnings Per Share (EPS) - Basic: ₹21.05 (Q1 FY26: ₹22.31)
Earnings Per Share (EPS) - Diluted: ₹21.05 (Q1 FY26: ₹22.30)

Revenue from operations: ₹2,78,411.09 lakhs (Q1 FY26: ₹1,98,778.99 lakhs)
Other income: ₹4,508.50 lakhs (Q1 FY26: ₹3,952.42 lakhs)
Total Income: ₹2,82,919.59 lakhs (Q1 FY26: ₹2,02,731.41 lakhs)
Total Expenses: ₹2,46,500.27 lakhs (Q1 FY26: ₹1,75,869.06 lakhs)
Profit Before Tax (PBT): ₹47,972.53 lakhs (Q1 FY26: ₹32,113.38 lakhs)
Tax Expense: ₹12,193.44 lakhs (Q1 FY26: ₹7,672.75 lakhs)
Profit After Tax (PAT): ₹35,779.09 lakhs (Q1 FY26: ₹24,440.63 lakhs)
Earnings Per Share (EPS) - Basic: ₹36.93 (Q1 FY26: ₹25.23)
Earnings Per Share (EPS) - Diluted: ₹36.93 (Q1 FY26: ₹25.22)
Profit attributable to owners of the parent: ₹35,729.16 lakhs

Standalone: No exceptional items in Q1 FY27. For the year ended March 31, 2026, exceptional items of ₹25,315.26 lakhs were recorded, primarily from gains on the sale of four wholly-owned subsidiaries.
Consolidated: An exceptional gain of ₹6,121.44 lakhs was recognized in Q1 FY27 due to the dilution of the Group's stake in its associate, Indus Infra Trust, following a Qualified Institutional Placement (QIP).

Limited Review Report: The statutory auditors, M/s. B S R and Co., issued an unmodified limited review report on both the standalone and consolidated results.
NCD Proceeds Utilization: A statement of utilization of issue proceeds for three privately placed NCDs was provided:
ISIN INE201P08175: ₹75 crores raised on 20/01/2022, fully utilized with no deviation.
ISIN INE201P08191: ₹40 crores raised on 30/08/2022, fully utilized with no deviation.
ISIN INE201P08209: ₹100 crores raised on 05/02/2024, fully utilized with no deviation.
Statement of Deviation: Not applicable, as there was no deviation in the use of funds.
Outstanding NCDs: The company has unsecured listed Non-Convertible Debentures aggregating ₹21,500 lakhs outstanding as of June 30, 2026.

The Group operates in three main segments:

1. Engineering, Procurement and Construction (EPC): Revenue of ₹89,220.93 lakhs in Q1 FY27.

2. Build, Operate and Transfer (BOT)/Annuity Projects: Revenue of ₹1,71,295.86 lakhs in Q1 FY27.

3. Others: Revenue of ₹17,894.30 lakhs in Q1 FY27.

Legal Matters: The company is involved in a CBI case registered in June 2022 under the Prevention of Corruption Act, 1988. Three employees were taken into custody but granted bail. The matter is sub-judice before the Gauhati High Court, which has granted a stay on proceedings. No liability has been recognized.
Income Tax Search: The Income Tax Department conducted a search under Section 132 of the Income Tax Act, 1961, during the year ended March 31, 2026, at company premises and residences of promoters. No assessment order, tax demand, or penalty notice has been received as of the reporting date.
Labor Code Implementation: The company recognized an incremental liability of ₹2,427.30 lakhs as past service cost for post-employment defined benefits, following the effective implementation of the four new Labour Codes from November 21, 2025.
Acquisition: The company acquired 100% equity shares in Rajgarh Neemach Power Transmission Limited for ₹1,888.04 lakhs during the previous year.