Board Meeting Details
The Board of Directors meeting was held on Thursday, May 28, 2026. The meeting commenced at 05:00 PM and concluded at 05:30 PM.
Financial Results Approval
The Board considered and approved:
- Audited Standalone Financial Results for quarter and year ended March 31, 2026
- Audited Consolidated Financial Results for quarter and year ended March 31, 2026
- Auditors Report on both standalone and consolidated results
Audit Opinion
Both standalone and consolidated financial results received unmodified audit opinion, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations.
Key Financial Highlights - Standalone (Rs. in Lacs)
Income Statement for Year Ended March 31, 2026:
- Total Income: ₹30.02
- Employee benefits expense: ₹15.04
- Finance costs: ₹0.10
- Depreciation and amortization expense: ₹0.10
- Other expenses: ₹13.11
- Total Expenses: ₹28.25
- Profit before tax: ₹1.77
- Tax Expense: ₹0.20 (Current tax: ₹0.00, Deferred tax: ₹0.20)
- Net Profit for the year: ₹1.57
- Other Comprehensive Loss (net of tax): ₹(0.31)
- Total Comprehensive Income: ₹1.26
Quarterly Performance (Standalone):
- Q4 FY2026: Net Profit of ₹26.13
- Q4 FY2025: Net Loss of ₹(21.15)
Capital Structure:
- Paid-up Equity Share Capital: ₹850.00 lacs (face value ₹10 each)
- Other Equity: ₹953.63
- Earnings per Share (Basic & Diluted): ₹0.02
Key Financial Highlights - Consolidated (Rs. in Lacs)
Income Statement for Year Ended March 31, 2026:
- Group Net Profit for the year: ₹2.24
- Total Comprehensive Income: ₹7.93
- Earnings per Share (Basic & Diluted): ₹0.10
Consolidated Entities:
- Parent Company: Gujarat Credit Corporation Limited
- Associate Company: GCCL Infrastructure and Projects Limited (accounted using Equity Method)
Quarterly Performance (Consolidated):
- Q4 FY2026: Group Net Profit of ₹50.09
- Q4 FY2025: Group Net Loss of ₹(11.88)
Segment Information
The Company has only one reportable segment: Real Estate Development.
Additional Notes
1. The New Labour Codes consolidation effective November 21, 2025 had no significant impact on employee benefits provision. Company will evaluate additional impact upon government notification of related Rules.
2. Quarterly results include balancing figures between audited full-year figures and published unaudited year-to-date figures up to third quarter, which were subject to limited review by statutory auditors.
3. Previous period figures have been regrouped/reclassified where necessary to conform to current period's classification.
Annexures Included
- Annexure-I: Audited Statement of Assets and Liabilities as at March 31, 2026
- Annexure-II: Audited Statement of Cash Flows for Year Ended March 31, 2026