NSEOutcome of Board Meeting12 Oct 2026 · 12 Oct 2026, 03:57 pm
Outcome of Board Meeting
Gammon India Limited · GAMMONIND
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Gammon India Limited has submitted its unaudited financial results for the half year ended September 30, 2025, showing a profit after tax of (314.36) crore.
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Gammon India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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Date: 11" December, 2025
To, To,
The Listing Department, The Listing Department,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring,
Plot No. C/1, G Block, Rotunda Building,
Bandra - Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (East), Mumbai - 400 051 Dalal Street, Mumbai - 400 001
NSE Code: GAMMONIND BSE Code: 509550
Dear Sir/ Madam,
Sub: Outcome of Board Meeting held on 14™ November, 2025 pursuant to
Regulation 33 of the SEBI (Listing Obligations And Disclosure
Requirements) Regulations, 2015.
Pursuant to Regulation 33 of SEBI (Listing Obligations And Disclosure
Requirements) Regulations, 2015, you are hereby informed that the Board of
Directors (“Board”) of the Company at its meeting held on 14" November, 2025
which commenced at 04:15 p.m. and concluded at 05:00 p.m. inter - alia approved
the Un-Audited Standalone and Consolidated Financial Statements of the Company
for the quarter and half year ended 30" September, 2025; The aforesaid Financial
Results duly reviewed by the Audit Committee, have been approved and taken on
record by the Board of Directors together with the Limited Review Report of the
Statutory Auditors and the same are placed on the
http://www.gammonindia.com/investors/financial-results.htm.
You are requested to take the above information on record.
Thanking you,
For, Gammon India Limited
Vemparal Dakshinamurty
Additional Director
DIN No 00644561
Encl: As above
GAMMON INDIA LIMITED
Registered Office: Floor 3rd, Plot - 3/8, Hamilton House, J. N. Heredia Marg, Ballard Estate,
Mumbai - 400 038. Maharashtra, India; Telephone: +91-22-2270 5562
E-Mail: investors@gammonindia.com ; Website: www.gammonindia.com
CIN: L74999MH1922PLC000997
‘GAMIMON INDIA LIMITED
CIN:74999MH1922PLC000997
Statement of Standalone Assets and Liabilities s at September 30, 2025
(% in crore)
Particutars September 30, 2025] March 31,2025
Audited Audited
ASSETS
NON-CURRENT ASSETS
(a1 Property, piant and equipment 0239 0323
(6} Capitat workin-progress - -
(c) Financial assets
i) investments in subsidiary (At cost) 2518 218
i) Other tnvesiments 1848 1833
i) Trade receivanle 141.96 44237
iv) Loans 5365 53.20
) Others 1583 1583
(e Deferred tex assets fnet) - -
fe Other non-current assets 3731 3725
TOTAL NON-CURRENT ASSETS 1,004.80 99533
CURRENT ASSETS
{2l Inventories 187 228
{6 Financial assets
i} investments 000 000
(i Trade receivables 268 284
(i) Cash and cash equivalents 000 002
(i) Bank balances 5.00 334
) toans 004 005
i) Others a7s 473
{0 Current tax assers net) - -
i) Other current assets 1627 1545
TOTAL CURRENT ASSETS 3067 2873
TOTAL ASSETS 103547 3,024.12
EQUITY AND LIABILITIES
EQuITY
(@) Equity shere copital 7.1 711
(b} Other equity (11,234.33) (10,639 95)
TOTAL EQUITY (21,160.22) (10,565.89)
LIABILITIES.
NON-CURRENT LIABILITIES
{a) Financiat liabitities
() Borrowings - -
(i) Trade payables
~Total autstanding dues to Micro and Small Enterprises
- Total outstanding dues to other than Micro and Small Enterprises 469 472
(i) Other financiel iabiliies - -
(6] Provisions 0.57 088
(el Deferred tax liabilites [net} 66.43 6178
() Other non-curren liabitties 24,09 4401
TOTAL NON-CURRENT LIABILITIES 11587 11433
CURRENT LIABILITIES
() Financiallisbilities
() Borrowings - -
(i} Trade payables
~Total outstanding dues to Micro and Small Enterprises 029 029
~Toral ousstanding dues 1o other than Micro and Small Enterprises 4955 4928
i) Other financial libilities 1153579 10,930.25
(b) Other current liobilitics 557 726
(€ Provisions 48860 488.49
(@) Current tax liabiities fnet) - 5
TOTAL CURRENT LIABILITIES 12,075.80 1147557
TOTAL EQUITY AND LIABILITIES 103547 102312
GAMMON INDIA LIMITED
CIN:A74399MH1922PLC000997
Unaudited Statement of Standalone Financial Results for the half Year Ended September 30, 2025
®inCrore)
5. Farticulars Quarter ended Half year ended Year ended
No. 305ep25 | 30dunzs | 305ep24 | 305ep25 | 30Sep2d | 3iMarzs
Unoudited | Unaudited | Unaudited | Unaudited | Unaudited Audited
1 fincome
2) Revenue from Operations .16 068 6.56 284 1261 2.23
b) Other Income 376 030 (0.92) 406 095 696
Total Income {a+b) 7.92 098 .60 830 1357 28.19
I [Expenses
a) Cost of material consumed 0.01}] .42 204 0.41 3.78 908
) Subcontracting Expenses [EE) 017 11 030 192 145
6} Employee benefits expense 133 126 164 259 318 638
c) Finance Costs 27785 267.66 247.97 54511 9123 1.005.42
) Depraciation & amortization 041 043 051 0.84 102 209
lg) Other expenses 4286 1977 1392 6262 1558 87.97
[Total Expenses 32237 289.71 267.19 61187 516.71 111539
il Profit/{Loss) before exceptional ltems and tax (314.25) (288.72)] (261.55)] (602.98) {503.15)! (1,087.20)
1 |Exceptional items (Income) / Expenses - - 22.45 2233
V. [Profit / {Loss) before tax (312.25) (288.72) 1261.55) (602.98) (525.59) [109.64)
VI Tax expenses
Current Tax - - -
Excess / Short Provision of Earlier years - - -
Deferred Tax Liability / (asset) 011 0.09 013 020 027 3150)
[Total Tax expenses 011 009 013 0.20 027 (31.50)
VIl [Profit/ (Loss) after tax for the period (314.36) {288.82)] {261.68) (603.18) (525.86) (1,078.18)
Vil |Other Comprehensive income:
items that will not be reclassified to profit o loss { net of Tax )
- Remeasurement gainy/ (loss) on defined benefit pians [net of tax f any} 005 0.04 (©01) 009 001 003
et gain/ {loss) on fair value of equity istruments through OCI {net of 245 624 - 870 (a21) 861
ax if any]
Other Comprehensive Income: 251 628 0.01) 879 (@17 .64
X {Totai Comprehensive Income / (Loss) For The Period / Year (311.85) (282.59)| (261.69) (594.39) (530.03) (1,069.50)
X |Paid up Equity Share Capital { Face Value % 2 per Equity share ) 7411 7.1 711 7411 7411 7411
(10,639.95)
XI [Other Equity
Xt |Earnings per equity share
Basic & Dilutive (Rs.} { before exceptional) (8.52) (7.83) (7.09) (16.35) {13:65) (28.62)
Basic & Ditutive (Rs.) (after exceptional) (8.52) (7.83) (7.09) (16.35) 114.26) (2023}
[See accompanying notes to the financial results
GAMMON INDIA LIMITED
CIN:L74999MH1922PLCO00YS7
Unaudited Standalone Cash Flow Results for the year ended 30 September, 2025
(Al Figures are in %, in Crore uniess otherwise stated)
Particulars April to September 2025 April to September 2024
Audited Audited
CASH FLOW FROM OPERATING ACTIVITIES
Net Profit/ (Loss) Before Tax (602.98) (503.15),
Adjustments for
Depreciation 0.84 1.02
interest Expenses 544.21 491.23
Provision for Contract Assets, 3.42) -
Foreign Exchange Loss / (Gain) 60.31 11.90
interest Income (0.00); 0.00
Dividend Income (0.03) -
Reversal of expected credit loss 0.00 -
Sundry Balances Written off 0.03 -
Operating Profit Before Working Capital Changes (1.03) 1.00
Trade and Other Financial Receivables 381 (0.50)
Inventories 0.40 0.98
Trade Payables and Provision 023 (1.96)
Other Financials and Non Financial Assets (0.69) {1.58)
Other financial liabilities 019 1.95
Other non-financial liabilities (1.17) 0.23
CASH GENERATED FROM THE OPERATIONS 174 0.12
Direct Taxes Paid / (Refund) - -
Net Cash from Operating Activities 174 0.12
CASH FLOW FROM INVESTMENT ACTIVITIES -
Other Bank Balance (1.71) (1.37)
Interest Received 0.02 1.26
Net Cash from investment Activities (1.69) (0.11)
CASH FLOW FROM FINANCING ACTIVITIES
Interest paid (0.07) 0.15
Net praceeds/ (Repayment) from Short term Borrowings 0.00 (0.15)
Net Cash from Financing Activities {0.07) {0.01)
NET INCREASE IN CASH AND CASH EQUIVALENTS (0.02}; (0.01}]
Opening Balance 0.02 0.00
Closing Balance 0.00 0.01
NET INCREASE IN CASH AND CASH EQUIVALENTS (0.02)| 0.01
Components of Cash and Cash Equivalents
Cash on Hand 0.00 0.01
Total Balance 0.00 0.01
MNotes:
The above unaudited standalone Financial Results for the quarter and half year ended
September 30, 2025 were reviewed by the Audit Committee and approved by the Board of
Directors of the Company at its meeting held on November 14, 2025
The Statutory Auditors of the Company have carried out limited review of the unaudited
standalone financial results and have issued their modified conclusion thereon.
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