Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI Listing Regulations

Audit Opinion:

Clean/Unmodified opinion - Statutory auditors Bharat J. Rughani & Co. issued an unmodified limited review report stating nothing has come to their attention that causes them to believe the financial results contain any material misstatement.

Key Financial Highlights [₹ in millions]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹4,026.54 (Q2 FY26: ₹3,585.04, +12.3% YoY)
  • Total Income: ₹4,046.84 (Q2 FY26: ₹3,604.74, +12.3% YoY)
  • Net Profit: ₹493.64 (Q2 FY26: ₹464.59, +6.3% YoY)
  • EPS (Basic & Diluted): ₹2.43 (Q2 FY26: ₹2.70)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹9,078.46 (H1 FY26: ₹6,537.72, +38.9% YoY)
  • Total Income: ₹9,133.20 (H1 FY26: ₹6,574.27, +38.9% YoY)
  • Net Profit: ₹1,090.37 (H1 FY26: ₹833.97, +30.7% YoY)
  • EPS (Basic & Diluted): ₹5.37 (H1 FY26: ₹4.85)

Balance Sheet Position (as of September 30, 2026):

  • Paid-up Equity Share Capital: ₹405.63
  • Other Equity: ₹9,407.11
  • Cash and Cash Equivalents: ₹50.45 (March 31, 2026: ₹3,354.77)
  • Total Borrowings: ₹3,440.70 (₹38.82 non-current + ₹3,401.88 current)
  • Total Assets: ₹15,342.47 (March 31, 2026: ₹12,993.89)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹4,086.54 (Q2 FY26: ₹4,040.45, +1.1% YoY)
  • Total Income: ₹4,107.05 (Q2 FY26: ₹4,059.19, +1.2% YoY)
  • Net Profit: ₹493.72 (Q2 FY26: ₹469.12, +5.2% YoY)
  • EPS (Basic & Diluted): ₹2.43 (Q2 FY26: ₹2.73)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹9,138.46 (H1 FY26: ₹7,288.31, +25.4% YoY)
  • Total Income: ₹9,193.41 (H1 FY26: ₹7,323.18, +25.5% YoY)
  • Net Profit: ₹1,090.21 (H1 FY26: ₹842.26, +29.4% YoY)
  • EPS (Basic & Diluted): ₹5.37 (H1 FY26: ₹4.90)

Segment-wise Performance [₹ in millions]:

Consolidated Segment Revenue (Half Year Ended September 30, 2026):

  • EPC Business and Supply of Systems: ₹8,979.31
  • Trading of Solar Cells (DCR) and Others: ₹159.15
  • Total Segment Revenue: ₹9,138.46

Consolidated Segment Profit (Half Year Ended September 30, 2026):

  • EPC Business: ₹1,599.07
  • Trading of Solar Cells (DCR) and Others: ₹3.21
  • Total Segment Profit: ₹1,602.28

Corporate Actions:

Dividend:

  • Final dividend of ₹0.50 per equity share (25% of face value of ₹2 each) for FY26 was approved by shareholders at AGM on August 31, 2026
  • Dividend of ₹101.41 million paid to shareholders on record as of August 24, 2026 during H1 FY27

IPO Proceeds Utilization:

  • Board approved reallocation of unutilized IPO proceeds amounting to ₹19.10 million from "Issue Related Expenses" to "General Corporate Purposes"
  • This reallocation is subject to approval of shareholders and compliance with prospectus terms and regulatory requirements
  • Total IPO proceeds (net of expenses): ₹3,689.43 million fully utilized
  • Funding long-term working capital: ₹3,224.58 million utilized
  • General Corporate Purposes: ₹464.85 million utilized
  • Issue Related Expenses: ₹291.47 million utilized out of ₹310.57 million allocated

Subsidiary Incorporation:

  • Board approved incorporation of five wholly-owned subsidiaries under Companies Act, 2013:

1. GK Energy BESS Private Limited

2. GK Energy BESS One Private Limited

3. GK Energy BESS Two Private Limited

4. GK Energy BESS Three Private Limited

5. GK Energy BESS Four Private Limited

  • Subsidiaries will operate in energy sector with focus on battery energy storage systems
  • Holding company will subscribe to initial share capital at face value
  • 100% ownership maintained by GK Energy Limited
  • Subject to ROC approval

Other Significant Information:

  • Company completed IPO of 30,343,790 equity shares of face value ₹2 each at issue price of ₹153 per share
  • IPO comprised fresh issue of 26,143,790 equity shares (₹4,000.00 million) and offer for sale of 4,200,000 equity shares (₹642.60 million)
  • Shares listed on NSE and BSE on September 26, 2025
  • Total offer expenses estimated at ₹310.57 million
  • Unutilized balance of ₹19.10 million temporarily deposited with scheduled commercial banks in monitoring agency account