Integrated Filing — IndAS



General information about company

Scrip Code 544525
NSE Symbol GKENERGY
MSEI Symbol NOTLISTED
ISIN INE1AG301022
Name of company GK ENERGY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 29-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
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 Multi segment
Description of single segment
Start date and time of board meeting 29-10-2026   10:00:00
End date and time of board meeting 29-10-2026   11:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification 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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 40,865.40 91,384.60
Other income 205.10 549.50
Total income 41,070.50 91,934.10
2 Expenses
(a) Cost of materials consumed 27,323.70 63,785.80
(b) Purchases of stock-in-trade 1,536.80 1,536.80
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 814.60 1,583.60
(e) Finance costs 731.50 1,190.00
(f) Depreciation, depletion and amortisation expense 135.60 262.10
(f) Other Expenses
1 Installation and project administration charges 3,069.90 7,394.80
2 Other Expenses 877.10 1,573.90
Total other expenses 3,947.00 8,968.70
Total expenses 34,489.20 77,327.00
3 Total profit before exceptional items and tax 6,581.30 14,607.10
4 Exceptional items 0.00 0.00
5 Total profit before tax 6,581.30 14,607.10
6 Tax expense
7 Current tax 1,674.60 3,709.40
8 Deferred tax (30.50) (4.40)
9 Total tax expenses 1,644.10 3,705.00
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 4,937.20 10,902.10
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 4,937.20 10,902.10
17 Other comprehensive income net of taxes 0.60 (0.70)
18 Total Comprehensive Income for the period 4,937.80 10,901.40
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 4,056.30 4,056.30
Face value of equity share capital 2 2
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 2.43 5.37
Diluted earnings (loss) per share from continuing operations 2.43 5.37
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 2.43 5.37
Diluted earnings (loss) per share from continuing and discontinued operations 2.43 5.37
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 consolidated financial results of GK Energy Limited (formerly known as GK Energy Private Limited, GK Energy Marketers Private Limited) (the Company) for the half year ended September 30,2026 have been reviewed by the Audit Committee and approved by the Board of Directors at it's meeting held on October 29, 2026. The financial results for the year ended March 31, 2026 have been audited and half year ended September 30,2026 have been reviewed by the statutory auditors of the Company who have expressed an unmodified opinion on the financial results for the year ended March 31, 2026 and have issued an unmodified conclusion in respect of the limited review for the half yesr ended September 30, 2026. 2. The above financial results have been prepared in accordance with Indian Accounting Standards (lnd AS) notified under Section 133 of Companies Act, 2013, read together with the Companies (Indian Accounting Standard) Rules, 2015 (as amended). 3. The Company has completed its initial public offer (IPO) of 30,343,790 equity shares of face value of Rs. 2 each at an issue price of Rs. 153 per share. The equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 26, 2025. The issue comprised of a fresh issue of 26,143,790 equity shares aggregating to, 4,000.00 millions and offer for sale of 4,200,000 equity shares by selling shareholders aggregating to, 642.60 millions. The net proceeds have been fully utilised. Of the estimated offer expenses of Rs.310.57 million, Rs.291.47 million had been paid up to September 30, 2026. The balance of Rs.19.10 million, set aside for offer expenses not yet settled, has been temporarily deposited with scheduled commercial banks, maintained in the monitoring agency account. 4. The Board of Directors, at its meeting held on August 7, 2026, recommended a final dividend of Rs.0.50 per equity share (25% of the face value of Rs.2 each) for the financial year ended March 31, 2026. Shareholders approved it at the Annual General Meeting held on August 31, 2026. The dividend of Rs.101.41 million on 202,817,266 equity shares was paid to shareholders on record as of [record date], net of applicable tax deducted at source, during the half year ended September 30, 2026. In accordance with Ind AS 10 – Events after the Reporting Period, the dividend was recognised as a liability on approval by the shareholders and has been adjusted against Other Equity. It is shown under “Dividend Paid” in the Statement of Cash Flows. 5. Previous period figures have been reclassified, wherever necessary, to conform with current period’s classification. 6. The Consolidated Financial Results are available in the Investors section of our website at https://Gkenergy.in and is also available on www.bseindia.com and www.nseindia.com



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 10,804.10
Capital work-in-progress
Investment property
Goodwill 0.00
Other intangible assets 40.10
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 5.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other Financial Assets 1,424.60
Total of other non-current financial assets 1,424.60
Total non-current financial assets 1,429.60
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 6.40
Total of other non-current assets 6.40
Total non-current assets 12,280.20
2 Current assets
Inventories 8,235.30
Current financial asset
Current investments 0.00
Trade receivables, current 1,01,238.40
Cash and cash equivalents 1,157.50
Bank balance other than cash and cash equivalents 18,804.70
Loans, current 0.00
Other current financial assets
Total of other current financial assets 340.10
Total current financial assets 1,21,540.70
Current tax assets (net)
Other current assets
1 Other current assets 12,295.40
Total of other current assets 12,295.40
Total current assets 1,42,071.40
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,54,351.60
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,056.30
Other equity 94,370.60
Total equity attributable to owners of parent 98,426.90
Non controlling interest
Total equity 98,426.90
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 388.30
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 388.30
Provisions, non-current 26.70
Deferred tax liabilities (net) 15.90
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 430.90
Current liabilities
Current financial liabilities
Borrowings, current 34,018.90
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 424.10
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 12,861.10
Total Trade payable 13,285.20
Other current financial liabilities
1 Other financial liabilities 7,882.80
Total of other current financial liabilities 7,882.80
Total current financial liabilities 55,186.90
Other current liabilities 305.90
1 Other current liabilities 305.90
Total of other current liabilities 305.90
Provisions, current 1.00
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 55,493.80
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 55,924.70
Total equity and liabilites 1,54,351.60
Disclosure of notes on assets and liabilities



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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 EPC Business and Supply of Systems 39,273.90 89,793.10
2 Trading of Solar Cells (DCR) and Others 1,591.50 1,591.50
Total Segment Revenue 40,865.40 91,384.60
Less: Inter segment revenue
Revenue from operations 40,865.40 91,384.60
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 EPC Business and Supply of Systems 7,491.20 15,990.70
2 Trading of Solar Cells (DCR) and Others 32.10 32.10
Total Profit before tax 7,523.30 16,022.80
i. Finance cost 731.50 1,190.00
ii. Other Unallocable Expenditure net off Unallocable income 210.50 225.70
Profit before tax 6,581.30 14,607.10
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 EPC Business and Supply of Systems 1,36,529.60 1,36,529.60
2 Trading of Solar Cells (DCR) and Others 4,665.10 4,665.10
Total Segment Asset 1,41,194.70 1,41,194.70
Un-allocable Assets 13,156.90 13,156.90
Net Segment Asset 1,54,351.60 1,54,351.60
4 Segment Liabilities
Segment Liabilities
1 EPC Business and Supply of Systems 54,840.50 54,840.50
2 Trading of Solar Cells (DCR) and Others 627.20 627.20
Total Segment Liabilities 55,467.70 55,467.70
Un-allocable Liabilities 98,883.90 98,883.90
Net Segment Liabilities 1,54,351.60 1,54,351.60
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit plans 0.80 (0.90)
Total Amount of items that will not be reclassified to profit and loss 0.80 (0.90)
2 Income tax relating to items that will not be reclassified to profit or loss 0.20 (0.20)
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 0.60 (0.70)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 14,607.10
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,190.00
Adjustments for decrease (increase) in inventories (2,416.90)
Adjustments for decrease (increase) in trade receivables, current (42,527.20)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (3,251.30)
Adjustments for decrease (increase) in other non-current assets (0.80)
Adjustments for other financial assets, non-current (271.20)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (203.70)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (142.60)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 262.10
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 5.10
Adjustments for other financial liabilities, current 1,574.20
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 547.50
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 165.40
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (46,164.40)
Net cash flows from (used in) operations (31,557.30)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 4,634.10
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (36,191.40)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 150.90
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 547.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (8,024.70)
Net cash flows from (used in) investing activities (7,628.10)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares (225.00)
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 27,115.90
Repayments of borrowings 13,258.20
Payments of lease liabilities 0.00
Dividends paid 1,014.10
Interest paid 1,190.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 11,428.60
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (32,390.90)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (32,390.90)
Cash and cash equivalents cash flow statement at beginning of period 33,548.40
Cash and cash equivalents cash flow statement at end of period 1,157.50