GRP Limited submitted its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY26) to BSE Limited and National Stock Exchange of India pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The results were reviewed by the Audit Committee and approved by the Board of Directors at meetings held on July 23, 2026. The board meeting commenced at 02:30 PM (IST) and concluded at 04:30 PM (IST).
Standalone Financial Performance (₹ in Lakhs)
Revenue:
- Q1 FY26: ₹15,565.01 (₹15,439.13 from Rubber Recycling segment + ₹1,438.79 from Others)
- Q4 FY25: ₹14,293.12
- Q1 FY25: ₹11,922.36
Profit Before Tax:
- Q1 FY26: ₹882.90
- Q4 FY25: ₹173.27
- Q1 FY25: ₹470.91
Segment Performance (Profit Before Tax & Interest):
- Rubber Recycling: Q1 FY26 ₹1,922.86 vs Q1 FY25 ₹1,123.63
- Others: Q1 FY26 ₹221.94 vs Q1 FY25 ₹213.45
Finance Costs: ₹385.14 in Q1 FY26 vs ₹317.31 in Q1 FY25
Consolidated Financial Performance (₹ in Lakhs)
Revenue from Operations: ₹15,683.08 in Q1 FY26
Total Income: ₹15,729.13 in Q1 FY26
Profit Before Tax: ₹841.20 in Q1 FY26
Tax Expense: ₹421.36 (Current Tax: ₹371.38, Deferred Tax: ₹49.98)
Net Profit: ₹419.84
Earnings Per Share (Basic): ₹7.87 (not annualized)
Segment Information
The company has renamed its reportable segment to 'Rubber Recycling' with smaller business segments grouped under 'Others'. Previous period figures have been regrouped accordingly.
ESOP Grant
During the quarter, the company granted an additional 52,530 stock options under the second tranche of ESOS-2024 to eligible employees at an exercise price of ₹1,756 per option. The options will vest over a maximum period of four years from the date of grant, subject to specified vesting conditions.
Subsidiaries Included in Consolidation
- GRP Circular Solutions Limited (Subsidiary Company)
- Gripsurya Recycling LLP (Limited liability partnership with majority stake)
Auditor Review
The financial results were subject to limited review by the statutory auditors, Rajendra & Co. Chartered Accountants (Firm Registration No. 108355W), who issued an unqualified review report dated July 23, 2026.
Additional Information
The figures for the quarter ended March 31, 2026 (Q4 FY25) are derived as balancing figures between audited full-year figures and unaudited published year-to-date figures up to the third quarter of previous financial year.
All documents are available on the company website at https://www.grpweb.com/investors.