Financial Results (Standalone) - Half Year Ended September 30, 2026 (₹ in Lakhs)

Income Statement:

  • Revenue from Operations: ₹1,771.99
  • Other Income: ₹12.92
  • Total Income: ₹1,784.91
  • Employee Benefits Expense: ₹1,052.81
  • Finance Cost: ₹116.39
  • Depreciation and Amortization: ₹32.58
  • Other Expenses: ₹322.67
  • Total Expenses: ₹1,524.46
  • Profit Before Tax: ₹260.46
  • Tax Expenses: ₹65.64 (Current Tax: ₹67.80, Deferred Tax: ₹(2.15), Short/Excess Provision: Not applicable)
  • Net Profit for the Period: ₹194.81

Key Metrics (Standalone):

  • Paid-up Equity Share Capital: ₹672.92 (Face value ₹10 per share)
  • Basic EPS: ₹0.35 (Not Annualized)
  • Diluted EPS: ₹0.35 (Not Annualized)

Financial Results (Consolidated) - Half Year Ended September 30, 2026 (₹ in Lakhs)

Income Statement:

  • Revenue from Operations: ₹1,771.99
  • Other Income: ₹12.92
  • Total Income: ₹1,784.91
  • Employee Benefits Expense: ₹1,052.81
  • Finance Cost: ₹116.46
  • Depreciation and Amortization: ₹32.58
  • Other Expenses: ₹322.67
  • Total Expenses: ₹1,524.52
  • Profit Before Tax: ₹260.39
  • Tax Expenses: ₹65.63 (Current Tax: ₹67.78, Deferred Tax: ₹(2.15))
  • Net Profit for the Period: ₹194.76
  • Share of Minorities in Subsidiary Company: ₹2.92
  • Net Profit for the Period of the Group: ₹191.84

Key Metrics (Consolidated):

  • Paid-up Equity Share Capital: ₹672.92 (Face value ₹10 per share)
  • Basic EPS: ₹0.35 (Not Annualized)
  • Diluted EPS: ₹0.35 (Not Annualized)

Balance Sheet Position (Standalone) as at September 30, 2026 (₹ in Lakhs)

  • Total Equity and Liabilities: ₹4,934.30
  • Shareholder's Funds: ₹3,176.38 (Equity Capital: ₹672.92, Reserves and Surplus: ₹2,503.46)
  • Non-Current Liabilities: ₹483.40 (Long Term Borrowing)
  • Current Liabilities: ₹1,274.53 (Short Term Borrowing: ₹950.20, Trade Payables: ₹135.05, Other Current Liabilities: ₹189.27)
  • Total Assets: ₹4,934.30
  • Non-Current Assets: ₹1,644.44 (Property, Plant and Equipment: ₹193.89, Non-Current Investments: ₹0.99, Other Non-Current Assets: ₹941.15, Deferred Tax Assets: ₹11.52, Long-term loans and advances: ₹496.91)
  • Current Assets: ₹3,289.85 (Trade Receivables: ₹1,474.21, Cash and Cash Equivalents: ₹65.56, Short-term loans and advances: ₹85.49, Other Current Assets: ₹1,664.60)

Cash Flow Statement (Standalone) - Half Year Ended September 30, 2026 (₹ in Lakhs)

  • Cash Flow from Operating Activities: ₹(921.54)
  • Cash Flow from Investing Activities: ₹(641.66)
  • Cash Flow from Financing Activities: ₹1,369.98 (Issue of Equity Share Capital including share premium: ₹1,619.20, Net Repayment of Borrowings: ₹(132.84), Finance Cost: ₹(116.37))
  • Net Decrease in Cash: ₹(193.21)
  • Cash at Beginning: ₹258.77
  • Cash at End: ₹65.56

Subsidiary Information

The consolidated results include:

  • Gulf Lloyds Engineering and Consultancy Services Private Limited (98% ownership)
  • Gulf Lloyds Testing & Training Services Private Limited (98.5% ownership)

Auditor Review

Sukrut Shah & Associates, Chartered Accountants, issued an unmodified limited review report on both standalone and consolidated financial results, confirming no material misstatements were found.

Capital Structure Change

The company significantly increased its paid-up equity share capital from ₹491.00 lakhs (as at March 31, 2026) to ₹672.92 lakhs (as at September 30, 2026), representing a substantial equity issuance.