Gayatri Highways Limited reported a standalone net profit of ₹2,053.16 lakh for the financial year ended March 31, 2026, a significant increase from ₹30.67 lakh in the previous year. The company's revenue from operations for the year stood at ₹1,455.15 lakh, while total income reached ₹5,205.83 lakh. The board of directors approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026.

Standalone Financial Performance

For the year ended March 31, 2026, the company recorded a total income of ₹5,205.83 lakh, up from ₹2,586.66 lakh in the prior year. Total expenses for the period were ₹3,120.20 lakh. The profit before tax for the year was ₹2,085.63 lakh. Earnings per share (EPS) for the year were reported at ₹0.86.

Quarterly Results

In the quarter ended March 31, 2026, the company reported a net loss of ₹239.42 lakh. Revenue from operations for the quarter was ₹1,455.15 lakh, and total income stood at ₹1,512.35 lakh. Total expenses for the three-month period amounted to ₹1,749.64 lakh.

Consolidated Financial Results

The consolidated financial results for the year ended March 31, 2026, showed a total comprehensive loss of ₹118.02 lakh. Profit from discontinued operations for the year was ₹1,33,793.63 lakh. The group's share of profits in jointly controlled entities was a loss of ₹2,174.53 lakh for the year.

Audit Qualifications

M/s. PRSV & Co. LLP, the statutory auditors, issued an audit report with a modified opinion on the standalone and consolidated financial results. The qualifications relate to the write-back of a Zero Interest Subordinate Loan payable to Gayatri Projects Limited, defaults in term loan repayments to IL&FS Financial Services Limited, and the non-provision of interest on the outstanding term loan. Additionally, the auditors noted the need for impairment of investments and loans in jointly controlled entities, Cyberabad Expressways Limited and Hyderabad Expressways Limited, due to their negative net worth.

Gayatri Highways Limited has secured shareholder approval for three material related party transactions totaling ₹250 crore through a postal ballot process. The voting results, declared on May 21, 2026, confirm the passing of all ordinary resolutions put forth by the board.

The first resolution authorizes the company to alter the terms of Cumulative Redeemable Preference Shares held in its associate company, HKR Roadways Limited. This includes a waiver of the redemption premium amount receivable up to ₹150 crore. Shareholders also approved two separate loan transactions of ₹50 crore each with subsidiary companies Gayatri Jhansi Roadways Limited and Gayatri Lalitpur Roadways Limited.

Voting Results Summary

The remote e-voting process commenced on April 21, 2026, and concluded on May 20, 2026. A total of 123 valid ballots were received, representing 61,935,775 votes, which constituted approximately 25.84% of the total outstanding shares. The resolutions received strong support from the promoter group and a majority of public shareholders.

Scrutinizer's Report

C.N. Kranthi Kumar, Company Secretary in Practice, was appointed as the scrutinizer to oversee the postal ballot voting. The report confirmed that the company engaged KFin Technologies Limited to facilitate the remote e-voting process. The scrutinizer certified that the voting was conducted in a fair and transparent manner, complying with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The detailed voting results and the scrutinizer's report have been made available on the company's website. The approvals enable the company to proceed with the specified financial transactions with its associate and subsidiary entities.