GCM Commodity & Derivatives Reports Significant Net Loss in H1 FY26
GCM Commodity & Derivatives Limited reported a net loss of ₹196.34 lakhs for the half-year ended September 30, 2025, compared to a profit of ₹31.34 lakhs in the same period last year. Total income decreased by 44.4% to ₹41.69 lakhs, while expenses surged by 445.3% to ₹238.03 lakhs. The loss was primarily attributed to a ₹147.08 lakhs loss on stock market trading/investments. EPS turned negative at ₹(2.64). The company's balance sheet showed increased inventory and trade receivables, with decreased cash and cash equivalents.
*this image is generated using AI for illustrative purposes only.
GCM Commodity & Derivatives Limited, a company operating in the finance and investments sector, has reported a substantial net loss for the half-year ended September 30, 2025. The unaudited financial results, released on November 10, 2025, reveal a challenging period for the company.
Financial Performance Highlights
| Particulars (₹ in Lakhs) | H1 FY26 (30.09.2025) | H1 FY25 (30.09.2024) | Change (%) |
|---|---|---|---|
| Total Income | 41.69 | 75.00 | -44.4% |
| Total Expenses | 238.03 | 43.65 | +445.3% |
| Net Profit/(Loss) | (196.34) | 31.34 | -726.4% |
| EPS (Basic & Diluted) | (2.64) | 0.42 | -728.6% |
Key Observations
Revenue Decline: The company's total income decreased from ₹75.00 lakhs in H1 FY25 to ₹41.69 lakhs in H1 FY26, marking a 44.4% reduction.
Expense Surge: Total expenses increased by 445.3%, rising from ₹43.65 lakhs to ₹238.03 lakhs. This surge was primarily driven by:
- A loss of ₹147.08 lakhs on trading/investments in the stock market
- Other expenses of ₹89.00 lakhs, up from ₹24.61 lakhs in the previous year
Profitability Impact: The company swung from a profit of ₹31.34 lakhs in H1 FY25 to a loss of ₹196.34 lakhs in H1 FY26.
Earnings Per Share: The EPS turned negative, dropping from ₹0.42 to ₹(2.64).
Balance Sheet Position: As of September 30, 2025, the company's equity share capital stood at ₹742.70 lakhs, with reserves and surplus showing a deficit of ₹218.51 lakhs.
Other Notable Points
- The company's inventory increased from ₹81.07 lakhs (as of March 31, 2025) to ₹90.77 lakhs.
- Trade receivables rose from ₹304.57 lakhs to ₹496.34 lakhs.
- Cash and cash equivalents decreased from ₹111.51 lakhs to ₹46.85 lakhs.
The auditors have noted that balances in loans, trade receivables, and other financial liabilities are subject to confirmation and reconciliation.
GCM Commodity & Derivatives Limited operates within a single business segment of "Finance & Investments" as per Indian Accounting Standard (IndAS) 108. The company's performance reflects the volatility and challenges in the financial markets during this period.
Investors and stakeholders should note that these results are unaudited and subject to limited review by the company's statutory auditors.
Historical Stock Returns for GCM Commodity & Derivatives
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | -100.00% | -100.00% | -100.00% | -100.00% |
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