Gayatri Projects delivered a remarkable financial turnaround in the June 2026 quarter, posting a standalone net profit of ₹3,677.53 lakh compared to a net loss of ₹11,027.19 lakh in the corresponding quarter of the previous year. According to the company's unaudited standalone and consolidated financial results approved by the Board of Directors on August 12, 2026, this represents a complete reversal of the company's financial performance, demonstrating significant operational improvements during the quarter.
The company's financial performance was driven by exceptional revenue growth, with revenue from operations rising 199% YoY to ₹22,877.35 lakh in the quarter ended June 2026, compared to ₹7,658.34 lakh in the same quarter of the previous year. As reported in the company's latest financial results, this substantial increase in revenue reflects strong business momentum and operational execution during the quarter. Total income, including other income of ₹2,526.02 lakh, reached ₹25,403.37 lakh for the quarter.
Operating profit before exceptional items improved significantly to ₹5,861.60 lakh from a loss of ₹282.67 lakh year-on-year, demonstrating enhanced operational efficiency during the quarter. The company's total expenses were ₹19,541.77 lakh, comprising cost of materials consumed and work expenditure of ₹13,405.29 lakh and changes in inventories of work in progress amounting to ₹3,433.03 lakh. The profit before tax and exceptional items was ₹5,861.60 lakh, with an exceptional item charge of ₹2,184.07 lakh related to payments made to lenders under an approved one-time settlement scheme for arbitration claims, reducing the profit before tax to ₹3,677.53 lakh.
Gayatri Projects shares are currently trading with a market cap of ₹464.29 crore, with the stock showing mixed performance indicators. According to latest trading data, the stock has recorded a volume of 1,98,073 shares with an Average Traded Price (ATP) of ₹19.12. The stock's upper circuit limit stands at ₹20.47 and lower circuit limit at ₹18.53, with a Value of ₹37.87 lakh. The Delivery Percentage for the day is 0%, and the stock currently falls under the No framework, trading with a market lot size of ₹1.
During the quarter, Gayatri Projects completed a preferential allotment of 27,71,00,315 equity shares at ₹10 per share, raising ₹2,771.00 crore to support the company's ongoing debt resolution strategy. The company has also secured Punjab National Bank's approval for a one-time settlement for the company's secured term loan, requiring payment of ₹135.06 crore within three months. Punjab National Bank has issued a no-objection certificate allowing the sale of mortgaged immovable property to fund this payment, with management actively negotiating with prospective buyers to complete the sale within the stipulated timeline.
