GMR Power and Urban Infra logo

GMR Power and Urban Infra results

NSE: GMRP&UIBSE: 543490PowerSmall Cap

Last close ₹95.67down ₹0.95 (0.98%)BSE ₹95.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹96.62.

52-week range of traded prices to 23 Oct 2026
₹86.80Low, 2 Sep 2026₹136.30High, 20 Nov 2025
Market cap
₹7,472 Cr625th largest listed
P/E
13.2
P/E without one-offs
Lossover the last 12 months
P/B
3.9
Dividend yield
Nonein the last 12 months
ROE
45.5%
ROE without one-offs
−26.5%
ROCE
7.2%
Debt to equity
5.46
Volume, NSE
8,95,78335.8% delivered

Q1 results, quarter to Jun 2026

Consolidated: the company and its subsidiaries together. ₹ crore.GMR Power and Urban Infra annual results and balance sheet

Revenue
₹1,705 Cr+3.4% on a year ago · −14.9% on the quarter before
Operating profit
₹453 Cr+13.2% on a year ago · −1.1% on the quarter before
Net profit
−₹35 Cr
Earnings per share
−₹0.53
Operating margin
26.6%
Net margin
−2.1%

From revenue to net profit, ₹ crore

  1. Revenue1,705
  2. Materials and goods−398
  3. Employee costs−72
  4. Other expenses−782
  5. Operating profit453
  6. Depreciation−163
  7. Other income+44
  8. Finance costs−318
  9. Profit before tax17
  10. Tax−44
  11. Joint ventures−7.8
  12. Discontinued businesses0.0
  13. Net profit−35

GMR Power and Urban Infra results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreMar 2022Q4Filed 23 MayJun 2022Q1Filed 17 AugSep 2022Q2Filed 23 NovDec 2022Q3Filed 17 FebMar 2023Q4Filed 24 MayJun 2023Q1Filed 10 AugSep 2023Q2Filed 18 NovDec 2023Q3Filed 20 FebMar 2024Q4Filed 4 JunJun 2024Q1Filed 16 AugSep 2024Q2Filed 28 OctDec 2024Q3Filed 30 JanMar 2025Q4Filed 12 JunJun 2025Q1Filed 30 JulSep 2025Q2Filed 14 NovDec 2025Q3Filed 6 FebMar 2026Q4Filed 21 MayJun 2026Q1Filed 14 Aug
Revenue from operations1,2111,0691,5811,4471,4281,1246271,1031,6341,6121,3841,6121,7371,6481,8101,8692,0041,705
1,1299281,5241,3231,3709635058071,1961,0999731,2701,3571,2481,4471,5001,5451,252
Materials and goods bought8136721,1161,1031,09973929424821166102370412307570594596398
Employee costs212024262726273959616660646475717372
Other expenses294237384194244197185519927972805839882877802836876782
Operating profit before depreciation821405712558161122296438513411341380401363369459453
Operating margin6.8%13.1%3.6%8.6%4.1%14.4%19.5%26.9%26.8%31.8%29.7%21.2%21.9%24.3%20.1%19.7%22.9%26.6%
Depreciation and amortisation44474736223940100127185154152148160164166176163
Other income6195465617166511061351231231521261201121346444
Finance costs346324411276326279272405523450367366394441446379392318
Profit before one-off items and tax−247−136−355−131−120−90−139−102−77114−26−36−81−135−42−4617
One-off items−1580914524−206−118502213331,3942103294661,023−12500
Profit before tax−405−136559393−326−208−891182561,394224−23257−15888−167−4617
457870−13202945−1015−1120−308811644
Tax rate––15.5%0.0%–––1.4%3.7%3.2%−4.6%–−4.1%–−3.3%––265.4%
Share of profit of joint ventures and associates177344597−54−1459−14−74−761215−71−900−229648−8
Profit from discontinued businesses00–00−16000000−128280000
−2722021,069339−471−218−123431701,362250−10849−7895−160−114−35
Other comprehensive income−1132715126−2151−59−3610−14−3427−35−2−51
Total comprehensive income−2842341,140390−445−220−123941111,326260−1221520859−162−119−34
Net margin−22.5%18.9%67.6%23.4%−33.0%−19.4%−19.6%3.9%10.4%84.5%18.0%−6.7%––49.4%−8.6%−5.7%−2.1%
Net margin without joint ventures and associates−37.1%−13.4%29.9%27.2%−22.8%−20.2%−17.4%10.6%15.1%83.7%16.9%−2.3%––50.7%−13.7%−8.1%−1.6%
Earnings per share−₹3.55₹3.52₹17.94₹5.97−₹7.84−₹3.40−₹1.74₹0.75₹2.69₹20.30₹3.63−₹1.49₹0.61−₹0.11₹12.43−₹2.36−₹1.47−₹0.53
Diluted earnings per share−₹3.55₹3.52₹16.31₹5.97−₹7.84−₹3.40−₹1.74₹0.75₹2.69₹18.05₹3.63−₹1.49₹0.61−₹0.11₹12.43−₹2.36−₹1.47−₹0.53
Earnings per share in rupees, restated for later splits and bonuses. Net margin is left blank for Mar 2025 and Jun 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company reports a discontinued business.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.GMR Power and Urban Infra segment results by year

  • Power

    Revenue, ₹ crore
    Profit, ₹ crore
  • Smart Meter Infrastructure

    Revenue, ₹ crore
    Profit, ₹ crore
  • Others

    Revenue, ₹ crore
    Profit, ₹ crore
  • Roads

    Revenue, ₹ crore
    Profit, ₹ crore
  • EPC

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue of all businesses6531,1581,8561,6721,4331,6571,7921,7031,8491,9342,0351,726
Company revenue, as in its results6271,1031,6341,6121,3841,6121,7371,6481,8101,8692,0041,705
Revenue2797981,3731,3401,2251,3191,4481,3501,4091,3201,3281,355
Revenue growth−69.8%−22.8%41.6%84.2%339.4%65.4%5.5%0.8%15.0%0.1%−8.3%0.4%
Profit−18117287331283202211295236352279295
Profit growth–––689.3%–72.6%−26.7%−11.1%−16.7%73.8%32.7%−0.1%
Margin−6.4%14.7%20.9%24.7%23.1%15.3%14.5%21.8%16.7%26.7%21.0%21.7%
Assets2,23013,51012,51212,66812,80112,72211,82811,57711,44210,69210,65010,531
Liabilities2,5665,0263,6673,4983,5853,7603,1162,8311,5941,6459,2418,967
Capital employed−3368,4848,8469,1709,2158,9638,7128,7469,8489,0471,4091,564
Revenue–––––171150183289433512225
Revenue109992528674688793781229468
Revenue1721781952056062705352466757
Revenue948336427537372421133321
Profit is before tax and finance costs, the way companies report their segments.