GR Infraprojects’ Board has approved unaudited financial results for the quarter ended December 31, 2025. Mr. Vinod Kumar Agarwal was appointed Chairman Emeritus effective February 6, 2026. Additionally, PricewaterhouseCoopers Services LLP has been appointed as the Internal Auditor from April 1, 2026. The board approved advancing loans, providing guarantees, or security under Section 185 of the Companies Act, 2013, subject to shareholder approval.
Financial Results Approved
The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (Q3 FY26). Full financial details are available in the official statement. These results were reviewed in a board meeting held on February 6, 2026.
Leadership Changes
Effective February 6, 2026, Mr. Vinod Kumar Agarwal has been appointed as the Chairman Emeritus of the company. This transition reflects ongoing leadership adjustments within GR Infraprojects.
Appointment of Internal Auditor
PricewaterhouseCoopers Services LLP will take over as the internal auditor of the company starting April 1, 2026. This decision follows the conclusion of the previous auditor’s term and is aimed at maintaining rigorous oversight.
Other Key Decisions
The Board has given its nod to advance any loan, give a guarantee, or provide security under Section 185 of the Companies Act, 2013, pending shareholder approval. The approved draft of the postal ballot notice will be sent to shareholders.
Utilization of Issue Proceeds
The statement also confirms that the proceeds from the issuance of non-convertible debentures have been fully utilized.
Subsidiary Updates
GR Infraprojects has sold 100% of its stake in wholly-owned subsidiary GR Bahadurganj Araria Highway Private Limited (GRBAHPL) to Indus Infra Trust for a total sale consideration of ₹ 5,010.00 lakhs. This yielded a gain of ₹ 4,110.00 lakhs.
Compliance with New Labour Codes
The Company estimates an incremental liability of ₹ 20 crores relating to its own employees following the effectiveness of the new Labour Codes from November 21, 2025.
Financial Highlights (Consolidated)
Key consolidated financial figures for the period are as follows:
- Revenue from operations: ₹ 5,89,820.63 lakhs
- Profit before tax: ₹ 93,801.75 lakhs
- Total comprehensive income: ₹ 69,043.45 lakhs
Source: BSE
