Key Decisions and Financial Results

The Board of Directors meeting was held on Monday, August 10, 2026, commencing at 5:00 PM and concluding at 6:45 PM.

1. Financial Results Approval

The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.

Standalone Financial Results (₹ in Lakhs):

  • Revenue from Operations: ₹21,859.93 (vs. ₹8,046.00 in Q1 FY26)
  • Other Income (net): ₹28.32
  • Total Income: ₹21,888.25
  • Profit Before Tax: ₹1,552.75 (vs. ₹632.16 in Q1 FY26)
  • Tax Expense: ₹427.27
  • Net Profit After Tax: ₹1,125.48 (vs. ₹471.85 in Q1 FY26)
  • Earnings Per Share (Basic): ₹1.56
  • Earnings Per Share (Diluted): ₹1.48
  • Paid-up Equity Share Capital: ₹3,603.75 lakhs
  • Face value per equity share: ₹5.00

Consolidated Financial Results (₹ in Lakhs):

  • Revenue from Operations: ₹21,859.93
  • Other Income (net): ₹28.32
  • Total Income: ₹21,888.25
  • Profit Before Tax: ₹1,180.41
  • Tax Expense: ₹427.27
  • Net Profit After Tax: ₹753.14
  • Share in loss of joint venture: ₹(16.71)
  • Net profit including share in joint ventures: ₹736.43
  • Earnings Per Share (Basic): ₹1.02
  • Earnings Per Share (Diluted): ₹0.97
  • Paid-up Equity Share Capital: ₹3,603.75 lakhs

2. Director Appointments

The Board appointed three new Additional Directors to be designated as Non-Executive Independent Directors:

Mr. Swarup Dasgupta (DIN: 09138124)

  • Term: August 10, 2026 to August 09, 2031 (5 years)
  • Profile: Seasoned banking professional with over four decades of experience in corporate credit, risk management, banking operations, recovery, MSME financing, international operations, compliance and corporate governance. Currently serving as Advisor - Corporate Credit with Punjab & Sind Bank. Previously served as Executive Director of Bank of India. Holds MBA in Finance and Bachelor of Engineering in Electronics and Telecommunication.

Mr. Manoj Aggarwal (DIN: 07189255)

  • Term: August 10, 2026 to August 09, 2031 (5 years)
  • Profile: Retired Indian Administrative Service (IAS) Officer of the Gujarat Cadre, 1990 Batch, with over 45 years of experience in public administration, governance, infrastructure, industrial development, rural development, social welfare and health administration. Held positions including Additional Chief Secretary, Principal Secretary, Development Commissioner, Vice Chairman and Managing Director of Gujarat Industrial Development Corporation and Managing Director of Gujarat Mineral Development Corporation.

Mr. Dhanraj Onduji Tawade (DIN: 02911849)

  • Term: August 10, 2026 to August 09, 2031 (5 years)
  • Profile: Seasoned civil engineering and infrastructure professional with about 37 years of experience in the Government of India. Retired as Member (Technical), National Highways Authority of India (NHAI) under the Ministry of Road Transport & Highways. Holds Bachelor of Engineering (Civil) degree from Nagpur University with specialized training in the United Kingdom and Japan.

All appointments are subject to approval of members in the ensuing Annual General Meeting. None of the directors are related to any existing directors or debarred from holding office.

Additional Information

  • The company operates in one segment: Infrastructure Construction Services
  • The Trading Window for insider trading remains closed up to 48 hours after the meeting
  • Financial results were reviewed by Statutory Auditors Manubhai & Shah LLP
  • The consolidated results include subsidiaries: GHV Infra FZ-LLC, GHV Infra Inc. (Ohio, USA) and joint ventures: GHV INFRA PROJECTS-RKS-TCIPL, GHV INFRA BIL
  • Two entities (GHV Infra Inc. and GHV INFRA BIL) have not commenced operations and have no financial impact
  • Previous period figures have been regrouped and reclassified for comparability
  • During previous year, the company issued bonus shares and undertook subdivision of equity shares, requiring EPS adjustments for prior periods