GOCL Corporation Ltd

Financial highlights

• Board approved unaudited standalone and consolidated results for Q1 June 30, 2026.
• Consolidated revenue from operations: Rs 42,851 lakhs; total income: Rs 63,128.7 lakhs.
• Standalone revenue from operations: Rs 428.51 lakhs; standalone net profit after tax: Rs 3,210.77 lakhs.
• Consolidated EPS (continuing ops): Rs 8.85; standalone EPS (continuing): Rs 7.47.

Disclosures & strategic actions

• Discontinued operations include Energelics and IDL Explosives; figures regrouped for comparability.
• Ecopolis Bengaluru asset sale: ~Rs 81,500 lakhs; held for sale; conditions pending.
• Kukatpally land: 157.21 acres sold; MOU with Squarespace for 264.50 acres.
• Post-facto approvals: corporate guarantees to HNPCL and Hinduja Energy India Ltd; approved July 7, 2026.
• Scheme of merger with HNPCL observed by NCLT; appeal planned.

Meeting Details

• Date of board meeting: August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve un-audited financial results for Q1 ended June 30, 2026.

Other Notes

• Trading window for designated persons closed from July 01, 2026 until 48 hours after June 30, 2026 declaration.

KYC update for physical holders

• Purpose: dispatch completed to identified physical holders requesting PAN and KYC updates.
• PAN must be linked to Aadhaar; unlinked PAN deemed invalid, folio treated as no-PAN.
• Electronic payments for dividends/interest/redemption applicable from April 1, 2024.
• KYC update forms: ISR-1, ISR-2 (bank attestation), SH-13, ISR-3.
• RTA contact: KFin Technologies Limited, Hyderabad; submission modes include hard copy or electronic.
• Nomination: provide/update 'choice of nomination' for smooth securities transmission.
• If already furnished, no action required; otherwise complete KYC as per SEBI circulars.
• Related forms and circulars available on KFin RIS portal.
• Timing: instructions follow SEBI Master circulars dated May 17, 2023.
• RTA to process payments electronically for those with complete KYC.

Processing of dematerialisation

• Dematerialisation requests processed within 15 days of receipt.
• Dematerialised shares listed on exchanges where the original shares are listed.

Physical certificates handling

• Physical certificates mutilated and cancelled as forwarded by participants.
• Depository name substituted as registered owner in records.

Compliance reporting

• Certifications issued to depositories and stock exchanges per regulations.

Resolutions and outcomes

• Special: Re-appointment of Ravi Jain as Whole-Time Director and CFO; term not disclosed.
• Outcome for Resolution 1: Approved; in-favour 33,859,877; against 5,852.
• Ordinary: Approval of Material Related Party Transaction(s).
• Outcome for Resolution 2: Approved; in-favour 223,730 (91.86%); against 19,828 (8.14%).
• Promoter/promoter group had interest; abstentions not disclosed.
• Material impact: No share capital changes; related party approvals granted.

Financial Performance 📊

• Consolidated total income rose to Rs 20,478.08 lakhs in Q3 FY26 from Rs 6,283.76 lakhs YoY.
• Consolidated profit before tax increased to Rs 18,954.52 lakhs in Q3 FY26 from Rs 1,756.71 lakhs YoY.
• Consolidated net profit after tax was Rs 21,027.21 lakhs in Q3 FY26 versus Rs 9,240.36 lakhs YoY.
• Consolidated EPS for continuing operations was Rs 33.01 in Q3 FY26 compared to Rs 4.70 YoY.
• Discontinued operations contributed Rs 4,662.44 lakhs PAT in Q3 FY26 versus Rs 6,912.47 lakhs YoY.
• Finance costs declined to Rs 675.51 lakhs in Q3 FY26 from Rs 2,456.40 lakhs YoY.

Segment Performance

• Electronics Manufacturing Services revenue was Rs 22.68 lakhs with a loss of Rs 101.33 lakhs in Q3 FY26.
• Realty segment revenue was Rs 159.54 lakhs with a loss of Rs 157.95 lakhs in Q3 FY26.

Other Income & Exceptional Items

• Gain of Rs 14,150.30 lakhs recognized from sale of IDL Explosives in Nov 2025 for Rs 10,700 lakhs.
• Exceptional foreign exchange gain of Rs 390.14 lakhs related to subsidiary share buyback in Q3 FY26.

Balance Sheet & Approvals

• Consolidated total assets stood at Rs 356,489 lakhs and liabilities at Rs 54,778 lakhs as of Dec 31, 2025.
• Board approved merger scheme of Hinduja National Power Corporation Limited into GOCL, pending regulatory approvals.

Standalone Performance

• Standalone total income was Rs 11,498.62 lakhs in Q3 FY26 versus Rs 3,429.45 lakhs YoY.
• Standalone net profit after tax was Rs 13,692.87 lakhs in Q3 FY26 compared to Rs 10,367.51 lakhs YoY.

Financial Performance 📊

• Approved unaudited standalone and consolidated results for Q3 and nine months ended Dec 31, 2025.
• Consolidated net profit after tax: Rs. 21,027.21 lakhs (Q3); Rs. 1,44,684.81 lakhs (nine months).
• Standalone net profit after tax: Rs. 13,692.87 lakhs (Q3); Rs. 1,36,964.94 lakhs (nine months).
• Consolidated total comprehensive income for nine months: Rs. 1,49,111.00 lakhs.
• Consolidated earnings per share for nine months: Rs. 48.35 (continuing operations).

Significant Board Decisions 📍

• Approved sale of entire equity in IDL Explosives Limited to Apollo Defence Industries for Rs. 10,700 lakhs; sale concluded Nov 15, 2025.
• Recognized gain of Rs. 14,150.30 lakhs on sale of IDL, included in other income under continuing operations.
• Classified detonators and blasting devices manufacturing as discontinued operations; assets held for sale per IND AS 105.
• Approved Scheme of Merger by Absorption of Hinduja National Power Corporation Limited into GOCL Corporation, subject to regulatory approvals.

Audit and Compliance ⚠️

• Limited review reports by Haribhakti & Co. LLP issued with unmodified conclusion on standalone and consolidated results.
• Auditor noted exceptional items on foreign exchange fluctuations related to put option derivative in subsidiary HGHL Holdings Limited.
• Financials of one foreign subsidiary reviewed by another auditor; conversion adjustments reviewed by management and auditors.

Other Disclosures

• Total income from discontinued operations (Energetics Division and IDL Explosives) reported separately.
• Segment results showed losses in Electronics Manufacturing Services and Realty segments before finance costs.

🗓️ Meeting Details

• Board meeting scheduled for February 11, 2026.

📊 Financial Results

• To consider unaudited financial results for quarter and nine months ended December 31, 2025.