Garuda Construction & Engineering Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, showcasing exceptional operational performance across key financial metrics. The Board of Directors approved both standalone and consolidated financial results during their meeting held on February 12, 2026, in compliance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Outcome and Regulatory Compliance

The company's Board of Directors convened on February 12, 2026, from 9:00 AM to 9:15 AM, approving the unaudited standalone and consolidated financial results for Q3 FY26. The results were prepared in accordance with Indian Accounting Standards (Ind AS 34) and received limited review reports from statutory auditors Agarwal Tibrewal & Co.

Strong Revenue Growth in Q3 FY26

The company delivered impressive revenue performance during the quarter, with standalone revenue from operations reaching ₹14,005.41 lakhs compared to ₹6,221.71 lakhs in Q3 FY25. This represents substantial growth in the company's core construction activities.

Profitability and Operational Efficiency

The company demonstrated strong profitability metrics with net profit for Q3 FY26 reaching ₹3,297.00 lakhs, significantly higher than ₹1,286.93 lakhs recorded in the corresponding quarter of the previous year. Profit before tax stood at ₹4,369.31 lakhs compared to ₹1,719.75 lakhs in Q3 FY25.

Total expenses for the quarter amounted to ₹9,654.18 lakhs, with cost of materials consumed being the largest component at ₹5,608.85 lakhs, followed by construction expenses of ₹3,528.34 lakhs.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, the company achieved robust financial performance across all key parameters:

Consolidated Results and Subsidiaries

The consolidated financial results include performance from three subsidiaries: PKH Projects LLP, PKH Ayodhya Private Limited, and UP World Trade Centre Private Limited. Consolidated revenue from operations for Q3 FY26 was ₹14,001.87 lakhs, with net profit after tax and non-controlling interest of ₹3,289.71 lakhs.

The subsidiaries contributed total revenues of ₹3,016.03 lakhs for the quarter and ₹10,103.45 lakhs for the nine-month period, though they recorded a net loss of ₹2.29 lakhs and ₹6.25 lakhs respectively.

Financial Position and Share Capital

The company maintains a strong financial position with paid-up equity share capital of ₹4,652.09 lakhs and face value of ₹5.00 per equity share. Reserves stood at ₹28,529.94 lakhs. Both basic and diluted earnings per share for Q3 FY26 were ₹3.54, compared to ₹1.43 in the corresponding quarter of the previous year.

The company operates primarily in the construction segment within the Indian geographical market, with results available on the company website and stock exchange platforms BSE and NSE.

Garuda Construction & Engineering has announced the appointment of Mr. Shanti Lal Gaggar as its new Chief Operating Officer (COO) and Key Managerial Personnel, effective November 20, 2025. This strategic move comes as the company reports robust financial performance and a significant order book.

New Leadership to Drive Growth

Mr. Gaggar brings over three decades of experience to his new role at Garuda Construction & Engineering. His expertise spans across retail, infrastructure, accounts, and audit sectors. As a science graduate and Chartered Accountant, Mr. Gaggar is expected to contribute significantly to the company's strategic planning, operational streamlining, and risk management.

Financial Performance and Order Book

Garuda Construction & Engineering has reported impressive financial results for the first half of the fiscal year:

The company's substantial order book of ₹4,876.78 crores indicates a strong pipeline of projects, positioning Garuda Construction & Engineering for continued growth in the coming quarters.

Expansion and Future Outlook

The management has indicated that the company is on a fast-track growth trajectory. To support this expansion, Garuda Construction & Engineering is actively improving its operational bandwidth. The company is also aggressively bidding for new projects and anticipates securing some significant orders in the near future.

Conclusion

The appointment of Mr. Shanti Lal Gaggar as COO, coupled with the company's strong financial performance and robust order book, signals Garuda Construction & Engineering's commitment to sustainable growth and operational excellence. As the company continues to expand its operations and bid for new projects, investors and industry observers will be keen to watch how these developments translate into long-term value creation.