G.G. Automotive Gears Reports Strong Q3FY26 Results with 32.5% Profit Growth
G.G. Automotive Gears Limited reported exceptional Q3FY26 results with net profit growing 32.5% to ₹345.96 lakhs and revenue increasing 16.4% to ₹3,400.98 lakhs year-on-year. The nine-month performance was even more impressive, with net profit surging 67.9% to ₹938.94 lakhs and revenue growing 18.2% to ₹9,527.23 lakhs compared to the previous year. The company demonstrated strong operational efficiency with improved earnings per share rising to ₹3.46 in Q3FY26 from ₹2.75 in Q3FY25. The Board also addressed a pending BSE penalty waiver application related to board composition compliance issues during the June-September 2025 period.
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G.G. Automotive Gears Limited has announced strong financial results for the third quarter of FY26, demonstrating significant growth across key performance indicators. The company's Board of Directors approved the unaudited financial results for the quarter ended December 31, 2025, during their meeting held on January 12, 2026.
Quarterly Financial Performance
The company delivered impressive results for Q3FY26, with substantial improvements in both revenue and profitability metrics compared to the same period last year.
| Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹3,400.98 lakhs | ₹2,922.31 lakhs | +16.4% |
| Total Revenue | ₹3,408.45 lakhs | ₹2,932.27 lakhs | +16.2% |
| Net Profit | ₹345.96 lakhs | ₹261.07 lakhs | +32.5% |
| Basic EPS | ₹3.46 | ₹2.75 | +25.8% |
The company's revenue from operations increased by 16.4% to ₹3,400.98 lakhs in Q3FY26 compared to ₹2,922.31 lakhs in the corresponding quarter of the previous year. Net profit showed even stronger growth, rising 32.5% to ₹345.96 lakhs from ₹261.07 lakhs in Q3FY25.
Nine-Month Performance Analysis
The year-to-date figures for the nine months ended December 31, 2025, reveal sustained growth momentum across the business.
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹9,527.23 lakhs | ₹8,056.86 lakhs | +18.2% |
| Net Profit | ₹938.94 lakhs | ₹559.03 lakhs | +67.9% |
| Basic EPS | ₹9.40 | ₹5.88 | +59.9% |
For the nine-month period, revenue from operations grew by 18.2% to ₹9,527.23 lakhs compared to ₹8,056.86 lakhs in the previous year. The company achieved remarkable profitability growth with net profit surging 67.9% to ₹938.94 lakhs from ₹559.03 lakhs in the corresponding period of FY25.
Operational Efficiency and Cost Management
The company demonstrated improved operational efficiency during the quarter. Total expenses for Q3FY26 stood at ₹2,903.49 lakhs compared to ₹2,654.20 lakhs in Q3FY25. Key expense components included cost of materials consumed at ₹1,267.23 lakhs, employee benefits expenses of ₹391.82 lakhs, and other expenses totaling ₹655.73 lakhs.
Finance costs decreased to ₹50.25 lakhs in Q3FY26 from ₹62.48 lakhs in the same quarter last year, indicating better financial management. The company's tax expense increased significantly to ₹159.00 lakhs compared to ₹17.00 lakhs in Q3FY25, reflecting higher profitability and normalized tax provisions.
Corporate Governance Updates
The Board discussed a penalty imposed by BSE Limited on November 28, 2025, for non-compliance with Regulation 17(1) of LODR Regulations regarding board composition during June 1, 2025, to September 30, 2025. The company submitted a clarification letter on December 3, 2025, and filed a penalty waiver application on December 16, 2025, which remains pending with BSE Limited.
Share Capital and Earnings Per Share
The company's paid-up equity share capital increased to ₹999.00 lakhs as of December 31, 2025, compared to ₹950.00 lakhs in the previous year, with a face value of ₹10.00 per share. Basic earnings per share for Q3FY26 improved to ₹3.46 from ₹2.75 in Q3FY25, while diluted EPS stood at ₹3.46 compared to ₹2.61 in the corresponding quarter last year.
The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors, S.N. Gadiya & Co., conducted a limited review of the unaudited financial statements and issued their report confirming compliance with applicable accounting standards and SEBI regulations.
Historical Stock Returns for GG Automotive Gears
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.28% | +2.75% | +0.26% | +24.74% | +70.73% | +2,553.06% |
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