The Board of Directors of GVK Power & Infrastructure Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), met on May 29, 2026, to consider and approve the standalone and consolidated audited financial results for the year ended March 31, 2026. The standalone financial results for the quarter ended March 31, 2026, indicate a revenue from operations of Rs. 0 (as no figure was provided) compared to Rs. 37 Lakhs in the corresponding quarter of the previous year. The company reported a net loss of Rs. 47 Lakhs for the quarter ended March 31, 2026, compared to a net loss of Rs. 35 Lakhs for the quarter ended March 31, 2025.
| Particulars | Quarter Ended 31.03.2026 (Rs. in Lakhs) | Quarter Ended 31.12.2025 (Rs. in Lakhs) | Quarter Ended 31.03.2025 (Rs. in Lakhs) | QoQ Change (%) | YoY Change (%) |
|---|---|---|---|---|---|
| Revenue from Operations | 0 | 0 | 37 | 0% | -100% |
| Net Profit/(Loss) after tax | (47) | (20) | (35) | -135% | -34.29% |
GVK Power & Infrastructure Limited is an Indian conglomerate with a presence in various infrastructure sectors, including energy, transportation, hospitality, and life sciences. The company is currently under the Corporate Insolvency Resolution Process (CIRP) as per the Insolvency & Bankruptcy Code, 2016, following an order by the National Company Law Tribunal (NCLT) dated July 12, 2024.
The company’s operations have faced significant challenges due to accumulated losses, default in loan repayments, and various litigations. The company is involved in ongoing legal proceedings related to its subsidiaries and associates, including investigations by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) regarding alleged financial irregularities. The statutory auditors have issued a disclaimer of opinion on the financial results, citing material uncertainties that cast significant doubt on the company’s ability to continue as a going concern.
The standalone financial results for the year ended March 31, 2026, reflect a net loss of Rs. 103,931 Lakhs, compared to a net loss of Rs. 32 Lakhs for the previous year. The consolidated financial results for the year ended March 31, 2026, show a net loss of Rs. 138,269 Lakhs. As the company is currently undergoing CIRP, information regarding famous investors or specific revenue growth initiatives for 2025 is not highlighted as a primary update in the provided notices, which focus heavily on insolvency proceedings, legal disputes, and the restructuring of debt obligations.
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