Integrated Filing — IndAS



General information about company

Scrip Code 517300
NSE Symbol GIPCL
MSEI Symbol NOTLISTED
ISIN INE162A01010
Name of company GUJARAT INDUSTRIES POWER COMPANY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Power
Start date and time of board meeting 12-02-2026   12:30:00
End date and time of board meeting 12-02-2026   15:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 36,994.33 1,06,286.17
Other income 1,258.86 5,278.74
Total income 38,253.19 1,11,564.91
2 Expenses
(a) Cost of materials consumed 16,736.59 47,109.06
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 3,066.97 8,670.52
(e) Finance costs 3,614.17 6,123.04
(f) Depreciation, depletion and amortisation expense 7,756.94 18,752.49
(f) Other Expenses
1 Generation Expenses 3,873.97 12,989.94
2 Other Expenses 1,083.42 3,239.72
Total other expenses 4,957.39 16,229.66
Total expenses 36,132.06 96,884.77
3 Total profit before exceptional items and tax 2,121.13 14,680.14
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,121.13 14,680.14
6 Tax expense
7 Current tax 370.93 2,565.91
8 Deferred tax 2,070.41 4,558.24
9 Total tax expenses 2,441.34 7,124.15
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (320.21) 7,555.99
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (320.21) 7,555.99
17 Other comprehensive income net of taxes (557.01) (862.86)
18 Total Comprehensive Income for the period (877.22) 6,693.13
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 15,521.60 15,521.60
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.21 4.87
Diluted earnings (loss) per share from continuing operations -0.21 4.87
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.21 4.87
Diluted earnings (loss) per share from continuing and discontinued operations -0.21 4.87
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Unaudited Financial Results have been reviewed and recommended by the Audit Committee in its meeting held on 11th February 2026 and subsequently approved by the Board of Directors in its meeting held on 12th February 2026. 2. Limited Review of the Unaudited Financial Results for the quarter and nine months ended on 31st December 2025 has been carried out by the Statutory Auditors. 3. The Government of India has notified the implementation of four new Labour Codes, effective from 21st November 2025, by consolidating and rationalizing 29 existing labour laws. Although the amount assessed by the Company based on the information available, is not material, the Company has made a provision due to impact of the new Labour Codes. Once Central/ State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate impact, if any and would provide appropriate accounting effect basis of such development as needed. 4. The Company has only one reportable business segment namely Power Generation. 5.The Company has no subsidiary/associate/joint venture company(ies), as on 31st December 2025. 6. Figures of the previous period/year have been re-grouped /re-arranged wherever necessary. 7. The Company has designated an exclusive e-mail ID viz. investors@gipcl.com for investor grievance redressal.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of define benefit obligation 1.48 4.44
2 Equity Instrument through OCI (570.19) (824.93)
Total Amount of items that will not be reclassified to profit and loss (568.71) (820.49)
2 Income tax relating to items that will not be reclassified to profit or loss (11.70) 42.37
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (557.01) (862.86)