Gujarat Natural Resources Ltd — Results, 29-05-2025: Result

Gujarat Natural Resources Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a standalone net profit of Rs. 18.36 lakh for the year, reversing a loss from the previous year. Revenue was Rs. 70.40 lakh, down from Rs. 224.44 lakh. Finance costs reduced to Rs. 173.60 lakh from Rs. 228.87 lakh previously. The company noted that one proposed subscriber declined convertible warrants, reducing funds raised via the preferential issue from Rs. 75.95 Cr to Rs. 54.25 Cr, impacting allocations to solar/wind projects and general corporate expenses. Consolidated results showed a loss of Rs. 376.03 lakh on revenues of Rs. 2004.98 lakh. Auditor GMCA & Co. issued an unmodified opinion on both standalone and consolidated results.