GR Infraprojects Board Approves Q3 FY26 Results, Appoints Chairman Emeritus & Internal Auditor
GR Infraprojects approved Q3 FY26 unaudited standalone and consolidated results. Mr. Vinod Kumar Agarwal appointed Chairman Emeritus. PricewaterhouseCoopers appointed Internal Auditor from April 1, 2026. Q3 standalone PAT ₹23,215.03 lakhs. Nine-month standalone PAT ₹57,879.06 lakhs. Company sold GRBAHPL for ₹5,010 lakhs, recording ₹4,110 lakhs gain.
The approval of quarterly results, appointment of key personnel, and auditor changes are material events for a listed company. The sale of a subsidiary and acquisition also have a moderate impact on the company's structure and financials.
The announcement contains routine financial results and corporate governance updates like auditor and chairman emeritus appointments. While the sale of a subsidiary resulted in a gain, the overall tone is factual and lacks significant positive or negative drivers.
G R Infraprojects Limited announced the outcome of its Board Meeting held on February 06, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025.
Key decisions included the appointment of Mr. Vinod Kumar Agarwal as Chairman Emeritus of the Company, effective February 06, 2026. Furthermore, PricewaterhouseCoopers Services LLP has been appointed as the Internal Auditor of the Company, commencing from April 01, 2026, replacing Deloitte Touche Tohmatsu India LLP.
The Board also approved the advancement of any loan, provision of guarantee, or security under Section 185 of the Companies Act, 2013, subject to shareholder approval, and approved the draft of a postal ballot notice for this purpose.
The meeting commenced at 5:00 PM and concluded at 7:05 PM. The financial results for the quarter ended December 31, 2025, showed a Profit After Tax of ₹23,215.03 lakhs on a standalone basis and a total comprehensive income of ₹23,114.67 lakhs. For the nine months ended December 31, 2025, the standalone Profit After Tax was ₹57,879.06 lakhs.
The company also reported the sale of its wholly owned subsidiary, GR Bahadurganj Araria Highway Private Limited (GRBAHPL), to Indus Infra Trust for a total sale consideration of ₹5,010.00 lakhs, resulting in a gain of ₹4,110.00 lakhs, which has been disclosed as an exceptional item. The company also acquired 100% equity shares in Rajgarh Neemach Power Transmission Limited (RNPT) for ₹1,888.04 lakhs.
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