GTV Engineering Limited reported a significant improvement in profitability for the first quarter of FY26, with standalone net profit rising 91% year-on-year to ₹3.99 crore. Consolidated net profit for the period attributable to owners of the company reached ₹4.36 crore, up 109% from ₹2.08 crore in Q1FY25. The unaudited financial results were approved by the Board of Directors on August 14, 2026.

Revenue from operations grew robustly, with consolidated figures reaching ₹33.67 crore compared to ₹16.50 crore in the same quarter last year, representing an 85% increase. Standalone revenue stood at ₹29.64 crore, up 80% YoY. The company’s earnings per share (EPS) on a standalone basis rose to ₹0.83 from ₹0.44 in the previous year’s corresponding quarter.

Capital Restructuring and Bonus Issue

Alongside the financial results, the Board approved key corporate actions aimed at enhancing shareholder value and future capacity. These measures require approval from members through a postal ballot via remote e-voting:

• Bonus Share Issue: A 2:1 bonus issue was approved, where two fully paid-up equity shares will be issued for every one existing share held by eligible shareholders. This involves capitalizing free reserves of ₹20.32 crore.
• Authorized Capital Increase: The authorized share capital is proposed to be increased from ₹16.00 crore to ₹31.00 crore.

M/s Ankur Chouksey and Associates has been appointed as the scrutinizer for the postal ballot process, while Central Depository Service (India) Limited (CDSL) will provide remote e-voting services.

E-Voting Schedule and Process

The company has specified the timeline for shareholders to cast their votes on the proposed resolutions. The remote e-voting facility will be available during the following period:

The cut-off date for eligibility is Friday, August 14, 2026. Shareholders whose names appear on the register of members or register of beneficial owners as on this date are entitled to vote. The results of the e-voting will be announced on or before Sunday, September 20, 2026.

Individual shareholders holding securities in demat mode can vote through their depository accounts (CDSL/NSDL). Physical shareholders and non-individual shareholders must log on to the CDSL e-voting website ( www.evotingindia.com ) using their folio number or demat account details. The bonus shares, if approved, will be allotted in dematerialized form only.

Consolidation of Subsidiaries

The consolidated financial statements for Q1FY26 include the results of Chirchind Hydro Power Private Limited and its subsidiary, Shivalik Energy Private Limited, following their acquisition on June 2, 2026. This acquisition contributed to the higher consolidated revenue and profit figures compared to the standalone numbers.

What the Numbers Show

The divergence between standalone and consolidated revenue highlights the impact of recent acquisitions. While standalone revenue grew 80% YoY to ₹29.64 crore, consolidated revenue surged 85% to ₹33.67 crore. The additional ₹4.03 crore in consolidated revenue is attributed to the integration of Chirchind Hydro Power Private Limited and Shivalik Energy Private Limited, indicating that new business lines are already contributing meaningfully to the top line within the first month of consolidation.

The statutory auditor, Rath Dinesh & Associates, issued a limited review report stating that nothing came to their attention to cause them to believe the unaudited financial results contain any material misstatement.

gtv engineering executives participated in an institutional investors' meeting on June 6, 2026, to discuss business operations. The meeting was organized as an exclusive conference hosted by Ashika Group and CNI Infoxchange. No unpublished price sensitive information was shared during the interaction, with discussions limited to information already available in the public domain.

Meeting Details

The interaction was conducted in-person, allowing for direct engagement with the investor community. The format included both one-on-one and group sessions, providing a platform for detailed discussions regarding the company's performance and outlook.

Regulatory Disclosure

This update follows a previous disclosure made by the company on May 21, 2026. The confirmation was submitted to the stock exchange by Ankit Rohit, Company Secretary and Compliance Officer, ensuring compliance with regulatory requirements regarding investor interactions.