Gujarat Natural Resources Limited held a Board of Directors meeting on Friday, 4th November, 2026 from 06:30 P.M. to 07:00 P.M. at the Registered Office of the Company. The Board considered and approved the Consolidated & Standalone Unaudited Financial Results, Statement of Assets and Liabilities and Cash Flow Statement for the Quarter and Half year ended 30th September, 2026 along with Limited Review report thereon.

Standalone Financial Results (Quarter Ended 30/09/2026)

  • Income from Operations: Revenue from operations stood at ₹55.00 lakh, while other income was ₹108.38 lakh
  • Total Income: ₹163.38 lakh
  • Expenses: Total expenses showed negative value of ₹-873.34 lakh, primarily due to significant decrease in inventories of ₹-1221.12 lakh
  • Profit before tax: ₹1053.86 lakh, compared to ₹388.19 lakh in the same quarter previous year
  • Tax Expense: ₹0.03 lakh (₹0.00 current tax + ₹0.03 deferred tax)
  • Profit for the period: ₹1053.86 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.69

Standalone Financial Results (Half Year Ended 30/09/2026)

  • Revenue from operations: ₹82.10 lakh
  • Other Income: ₹261.80 lakh
  • Total Income: ₹343.90 lakh
  • Total Expenses: ₹-715.58 lakh
  • Profit before tax: ₹1059.49 lakh
  • Tax Expense: ₹0.03 lakh
  • Profit for the period: ₹1059.46 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.69

Standalone Balance Sheet (as at 30/09/2026)

  • Total Assets: ₹27,963.00 lakh
  • Non-current Assets: ₹3,957.02 lakh (including Investments: ₹3,039.26 lakh, Loans: ₹855.47 lakh)
  • Current Assets: ₹24,005.98 lakh (including Inventories: ₹2,291.43 lakh, Loans: ₹21,274.04 lakh)
  • Shareholders' Funds: ₹24,157.80 lakh (Share Capital: ₹15,340.26 lakh, Other Equity: ₹8,817.54 lakh)
  • Non-current liabilities: ₹105.00 lakh
  • Current liabilities: ₹3,700.20 lakh

Consolidated Financial Results (Quarter Ended 30/09/2026)

  • Revenue from operations: ₹1019.48 lakh
  • Other Income: ₹120.15 lakh
  • Total Income: ₹1139.63 lakh
  • Total Expenses: ₹756.23 lakh
  • Profit before tax: ₹383.39 lakh
  • Tax Expense: ₹-40.71 lakh (₹15.81 current tax + ₹-56.52 deferred tax)
  • Profit for the period: ₹424.11 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.28

Consolidated Financial Results (Half Year Ended 30/09/2026)

  • Revenue from operations: ₹1591.88 lakh
  • Other Income: ₹285.84 lakh
  • Total Income: ₹1877.72 lakh
  • Total Expenses: ₹484.92 lakh
  • Profit before tax: ₹1532.61 lakh
  • Tax Expense: ₹-26.17 lakh
  • Profit for the period: ₹1558.78 lakh
  • Earnings Per Share (Basic & Diluted): ₹1.02

Subsidiaries Included in Consolidation

1. GNRL Oil & Gas India PVT Limited (Wholly Owned Subsidiary)

2. Heramec Oil & Gas (Singapore) Pte Ltd. (Step Down Subsidiary)

3. Alkor Petro Overseas Ltd. (Step Down Subsidiary)

Auditor's Review

GM CA & CO., Chartered Accountants (FRN: 109850W) issued clean review reports for both standalone and consolidated financial results. The reports state that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement or have not disclosed required information as per SEBI Regulation 33.

Additional Information

  • The company adopted Indian Accounting Standards (Ind AS) effective 1st April, 2017
  • Company operates in Oil and Gas and Trading activities
  • Previous period's figures have been regrouped/rearranged wherever necessary
  • The limited review reports do not contain any observations that could impact the results