G R Infraprojects Limited Board Approves Strong Annual Financials and Key Leadership Changes

G R Infraprojects Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting a robust annual net profit of ₹996.06 crore. The company also announced strategic leadership changes, including the appointment of Mr. Ajendra Kumar Agarwal as Chairman, alongside his current role as Managing Director, and the appointment of Mr. Ashwin Agarwal as a Whole Time Director.

Financial Performance for FY 2026

G R Infraprojects Limited has posted strong financial growth for the fiscal year ended March 31, 2026. The company reported annual revenue from operations of ₹7,620.22 crore, a significant increase from the previous year. The net profit for the year stood at ₹996.06 crore, reflecting a solid operational performance compared to ₹806.61 crore in the previous fiscal year.

For the quarter ended March 31, 2026, the company recorded a quarterly revenue from operations of ₹2,520.90 crore and a quarterly net profit of ₹417.27 crore.

Strategic Leadership Appointments

The Board of Directors has initiated key organizational changes to strengthen its leadership team effective May 11, 2026:

  • Mr. Ajendra Kumar Agarwal has been appointed as the Chairman of the company, in addition to his existing responsibilities as Managing Director.
  • Mr. Ashwin Agarwal has been appointed as an Additional Director and designated as Whole Time Director for a five-year term, subject to shareholder approval.
  • Mr. Rajan Malhotra has been recommended for a second five-year term as an Independent Director, effective May 27, 2027.
  • Mr. Desh Raj Dogra concluded his two terms as an Independent Director on May 11, 2026.

Operational Highlights

The company continues to expand its footprint in the infrastructure sector. During the fiscal year, G R Infraprojects successfully acquired a 100% equity stake in Rajgarh Neemach Power Transmission Limited. Furthermore, the company successfully monetized assets, including the sale of four highway subsidiaries to Indus Infra Trust, further streamlining its portfolio. The Board has also appointed M/s Rajendra Singh Bhati & Co. as Cost Auditors for the 2026-27 financial year.

Source: BSE

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