Gujarat Credit Corporation Ltd (511441)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Gujarat Credit's revenue was ₹0.0 Cr, and net profit ₹-0.1 Cr (a smaller loss than a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.2 | loss widened | loss widened |
| Net profit | ₹-0.1 | loss narrowed | to loss |
| EPS (₹) | -0.27 | loss widened | to loss |
📢 Recent Corporate Announcements
Gujarat Credit Corporation Ltd announced shareholder approval at its 33rd AGM held on September 30, 2026, for the re-appointment of Mr. Amam Shreyans Shah as Managing Director for a 5-year term from September 4, 2026, to September 3, 2031. Shareholders also approved the continuation of directorship for Mr. Bahubali Shantilal Shah as Non-Executive Director beyond 75 years of age. The company operates at a micro-cap level of Rs 1 Cr with virtually nil operating revenue (TTM Rs 0 Cr) and total debt of Rs 19 Cr.
- Re-appointment of Mr. Amam Shreyans Shah as Managing Director for a period of 5 years
- MD tenure extends from 04th September, 2026 to 03rd September, 2031
- Approval granted for continuation of directorship of Mr. Bahubali Shantilal Shah after attaining 75 years of age
- Resolutions passed at the 33rd Annual General Meeting held on 30th September, 2026
Gujarat Credit Corporation reported a net loss of ₹7.25 Lacs for the quarter ended June 30, 2026, a reversal from the ₹26.13 Lacs profit in the preceding quarter. The company continues to report zero revenue from operations, with its total income of ₹9.00 Lacs derived entirely from 'Other Income'. Total expenses spiked to ₹16.70 Lacs, largely due to a rise in other expenses to ₹12.36 Lacs. The company also appointed M/s. Dhruv M Patel & Associates as Internal Auditors for FY 2026-27.
- Net Loss of ₹7.25 Lacs in Q1 FY27 compared to a profit of ₹26.13 Lacs in Q4 FY26.
- Zero revenue from operations reported for the quarter, consistent with the previous year's trend.
- Other Income fell 70% quarter-on-quarter from ₹30.02 Lacs to ₹9.00 Lacs.
- Total expenses increased significantly to ₹16.70 Lacs from ₹3.70 Lacs in the previous quarter.
- Internal Auditor M/s. Dhruv M Patel & Associates appointed for the 2026-27 financial year.
Gujarat Credit Corporation reported zero revenue from operations for the quarter ended June 30, 2026, continuing a trend of stagnant core business activity. The company earned ‡9.00 Lacs in 'Other Income', which was insufficient to cover total expenses of ‡16.70 Lacs, resulting in a net loss of ‡7.25 Lacs. This is a sharp reversal from the ‡26.13 Lacs profit reported in the previous quarter (March 2026). With a debt of ‡19 Cr against a net worth of ‡11 Cr, the company's financial position remains strained.
- Revenue from operations remained at ‡0.00 for the quarter ended June 30, 2026.
- Net loss of ‡7.25 Lacs reported for Q1 FY27 compared to a profit of ‡26.13 Lacs in Q4 FY26.
- Other Income fell by 70% sequentially to ‡9.00 Lacs from ‡30.02 Lacs in the March quarter.
- Total expenses surged to ‡16.70 Lacs, driven largely by 'Other Expenses' of ‡12.36 Lacs.
- The company continues to operate in a single segment: Real Estate Development.
Gujarat Credit Corporation Ltd has scheduled a board meeting for August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The board will also deliberate on the appointment of an Internal Auditor for the financial year 2026-27. This meeting is critical as the company reported zero revenue for the entire FY26, though it managed a small net profit of Rs 0.08 Cr. Investors should monitor if the company initiates any operational activity in the new fiscal year.
- Board meeting scheduled for August 10, 2026, to review Q1 FY27 results.
- Appointment of Internal Auditor for FY 2026-27 to be considered.
- Trading window for insiders closed until 48 hours after the results are declared.
- Company reported Rs 0 Cr revenue for the trailing twelve months (TTM).
- Debt-to-equity ratio remains high at 1.64 based on latest available data.
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