Gujarat Credit Corporation Limited returned to profitability in the financial year ended March 31, 2026, reporting a consolidated net profit of ₹8.24 lakh, a reversal from the net loss of ₹87.16 lakh recorded in the previous year. The company's standalone net profit for the year was ₹1.57 lakh, compared to a net loss of ₹27.15 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

The company's total consolidated income for FY26 was ₹30.02 lakh, a significant increase from ₹17.02 lakh in the prior year, driven entirely by other income as revenue from operations remained nil. Total expenses decreased to ₹28.25 lakh from ₹45.37 lakh in FY25. On a standalone basis, total income rose to ₹39.02 lakh from ₹17.02 lakh, while total expenses reduced to ₹28.25 lakh from ₹45.37 lakh.

Financial Performance

The turnaround was primarily supported by a share of profit from an associate company, GCCL Infrastructure and Projects Limited, which accounted for ₹6.67 lakh in the consolidated results for the year. For the quarter ended March 31, 2026, the consolidated net profit stood at ₹50.09 lakh, while the standalone net profit was ₹26.13 lakh.

Operational and Segment Details

The company operates in a single reportable segment, Real Estate Development. The auditors, M/s. Sorab S. Engineer & Co., Chartered Accountants, issued an unmodified opinion on the standalone and consolidated financial results. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013.

Assets and Liabilities

The consolidated total assets as of March 31, 2026, stood at ₹3,240.89 lakh, up from ₹3,108.72 lakh in the previous year. Non-current borrowings increased to ₹1,867.17 lakh from ₹1,243.72 lakh. The company's equity share capital was reported at ₹300 lakh as of March 31, 2026, while other equity stood at ₹835.69 lakh.

Gujarat Credit Corporation Limited has rescheduled its Board of Directors meeting originally planned for May 21, 2026. The meeting will now be held on Thursday, May 28, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding the postponement was filed on May 20, 2026, by Managing Director Amam Shreyans Shah due to unavoidable circumstances.

Rescheduled Agenda

The board meeting has been convened to address the following key items:

The primary purpose of the meeting remains the consideration and approval of the audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026, along with the accompanying report from the statutory auditors.

Trading Window Closure

In accordance with the company's code of conduct for the prohibition of insider trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities will remain closed for all directors, officers, and designated employees. This closure will remain in effect until the end of 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.