GP Petroleums Clarifies No Consolidated Results Required

GP Petroleums responded to NSE's query dated 04.03.2026 on non-submission of consolidated financial results for Q3 FY2026.
Company states it has no subsidiary under Section 2(87) of Companies Act, 2013, making consolidated filing under Regulation 33(3)(b) inapplicable.
Its JV, M/s. Amron Oil Resources Pvt Ltd., is accounted via equity method under Ind AS 28, not consolidated under Ind AS 110, as neither party holds control.
JV had only insignificant operations in Q3; its financials will be included in annual FY2026 results per Ind AS 28.