GMR Power & Urban Infra's Q2 FY 2026-27 Quarterly Results

Result Summary

• GMR Power & Urban Infra Ltd reported a 9.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 17.2%.
• Its expenses for the quarter were down by 5.5% QoQ and 20.5% YoY.
• The net profit decreased 535.2% QoQ and decreased 82.8% YoY.
• The earnings per share (EPS) of GMR Power & Urban Infra Ltd stood at 1.97 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GMR Power & Urban Infra Ltd. operates within the infrastructure sector, primarily focusing on energy and urban infrastructure development. The company's key offerings include power generation and distribution, as well as infrastructure projects related to urban development. GMR Power & Urban Infra Ltd. is a part of the larger GMR Group, which is known for its diverse infrastructure projects across India and several other countries. The company is involved in developing, operating, and maintaining power plants and urban infrastructure, contributing significantly to regional development. Recent major developments are not specified in the provided data, so an overview of the company's broader activities is presented here.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), GMR Power & Urban Infra Ltd. recorded a total income of ₹1590.73 crores. This represents a decline of 9.1% compared to the first quarter of fiscal year 2027 (Q1FY27), where the total income was ₹1749.20 crores. Additionally, on a year-over-year basis, the total income decreased by 17.2% from ₹1922.04 crores in the second quarter of fiscal year 2026 (Q2FY26). The decline in total income both sequentially and annually suggests a contraction in revenue streams during this period.

Profitability

Profitability metrics reveal significant fluctuations over the analyzed periods. The profit before tax (PBT) for Q2FY27 was ₹180.16 crores, marking a substantial increase of 980.7% from the previous quarter, Q1FY27, which reported a PBT of ₹16.67 crores. However, when compared to the same quarter last year (Q2FY26), which had a PBT of ₹887.80 crores, there is a decrease of 79.7%. The profit after tax (PAT) for Q2FY27 stood at ₹153.97 crores, a remarkable recovery from a negative PAT of ₹-35.38 crores in Q1FY27. Compared to Q2FY26, which had a PAT of ₹894.70 crores, the PAT decreased by 82.8%. Earnings per share (EPS) in Q2FY27 was ₹1.97, up from a negative ₹-0.53 in Q1FY27, but down by 84.2% compared to ₹12.43 in Q2FY26. These figures indicate notable changes in profitability over the quarters and the year.

Operating Metrics

Total expenses for Q2FY27 were ₹1636.48 crores, showing a decrease of 5.5% from the previous quarter's expenses of ₹1732.53 crores. On a year-over-year basis, there is a more pronounced reduction of 20.5% from ₹2057.21 crores in Q2FY26. The tax expenses in Q2FY27 were ₹22.05 crores, down 50.2% from Q1FY27's tax figure of ₹44.24 crores, and the tax expense saw a significant change from Q2FY26, which reported a tax credit of ₹-29.67 crores. The changes in expenses and tax liabilities reflect adjustments in the company's cost structure and tax obligations over the periods.