G R Infraprojects Limited has reported its financial results for the quarter and year ended March 31, 2026. The company achieved a strong annual standalone profit of ₹996.06 crore and consolidated annual profit of ₹902.58 crore. Alongside the financial performance, the company announced strategic leadership changes, including the appointment of Mr. Ajendra Kumar Agarwal as Chairman and the induction of Mr. Ashwin Agarwal as a Whole Time Director.
Annual Financial Performance Highlights
For the fiscal year ending March 31, 2026, G R Infraprojects Limited demonstrated robust financial growth. On a standalone basis, the company reported annual revenue from operations of ₹7,620.22 crore, with a profit after tax of ₹996.06 crore. Consolidated annual results showed revenue from operations reaching ₹8,398.62 crore, resulting in a consolidated profit after tax of ₹902.58 crore attributable to the owners of the parent.
Strategic Leadership Restructuring
The Board of Directors approved several key leadership appointments effective May 11, 2026. Mr. Ajendra Kumar Agarwal has been appointed as the Chairman of the company, while continuing his role as the Managing Director. Additionally, Mr. Ashwin Agarwal joins the Board as an Additional Director designated as a Whole Time Director for a five-year term. These changes follow the successful completion of two terms by Mr. Desh Raj Dogra, who ceased to be an Independent Director at the end of the business day on May 11, 2026.
Reappointments and Governance
In addition to new appointments, the Board has recommended the reappointment of Mr. Rajan Malhotra as an Independent Director for a second consecutive term of five years, effective from May 27, 2027, pending shareholder approval. Furthermore, M/s. Rajendra Singh Bhati & Co. have been appointed as Cost Auditors for the Financial Year 2026-27 to oversee cost compliance.
Operational Updates
The company continues to execute its infrastructure portfolio with a focus on value engineering. Notable events during the year included the successful sale of 100% equity stakes in several highway project subsidiaries to the Indus Infra Trust, contributing to gains recognized as exceptional items. Additionally, the company is actively integrating its recent acquisition, Rajgarh Neemach Power Transmission Limited, as part of its strategic expansion in the infrastructure sector.
Source: BSE
