Ganesh Benzoplast Reports Q1 Financial Results: Consolidated and Standalone Performance Under Review

Ganesh Benzoplast Reports Q1 Financial Results: Consolidated and Standalone Performance Under Review

Ganesh Benzoplast Reports Q1 Financial Results: Consolidated and Standalone Performance Under Review​

Ganesh Benzoplast Limited has disclosed its Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The results were reviewed by M/s Mittal & Associates, Chartered Accountants, covering both the holding company and its various subsidiaries.

The Board of Directors of Ganesh Benzoplast held a meeting on August 11, 2026, to consider and approve these quarterly financial statements. These results provide insights into the operational performance across the group and the standalone entity for the quarter ended June 30, 2026.

Consolidated Group Performance Highlights​

The consolidated financial statements encompass the holding company and seven subsidiaries, including Infrastructure Logistic Systems Limited, GBL LPG Private Limited, and GC Port Infra Private Limited. For the quarter ending June 30, 2026, the group recorded a total revenue of 1,174.95 million.

The consolidated results show trends across various periods:

ParticularsQuarter ended 30.06.2026 (Unaudited)Quarter ended 31.3.2026 (Audited)Quarter ended 30.06.2025 (Unaudited)Year ended 31.03.2026 (Audited)
Total Income (1+2)1,227.411,164.051,009.514,368.57
Total Expenses-976.71746.94-
Profit / (Loss) before tax (5 +6)240.49187.34253.0320,700
Net Profit / (Loss) after tax (7-8)175.82152.94181.33-
Total Comprehensive Income (9+10)166.98154.69182.8710,351

The segment-wise revenue details for the consolidated group show that the Chemical Division generated 626.93 million in revenue, compared to 548.03 million from the LST Division during the same quarter. Total Segment Revenue stood at 1,174.96 million for the quarter ending June 30, 2026.

Standalone Company Results and Segmentation​

The standalone financial results of Ganesh Benzoplast Limited present a revenue of 781.41 million for the quarter ended June 30, 2026. The company reported Total Income (1+2) at 781.41 million.

Key metrics for the stand-alone entity include:

ParticularsQuarter ended 30.06.2026 (Unaudited)Quarter ended 31.3.2026 (Audited)Quarter ended 30.06.2025 (Unaudited)Year ended 31.03.2026 (Audited)
Total Income (1+2)781.41725.69-2,850.75
Total Expenses565.97617.43412.952,108.40
Profit / (Loss) before tax (5 +6)1184.37163.98196.93830.07
Net Profit / (Loss) after tax (7-8)134.40122.37140.91613.29

Segment performance for the standalone company shows:

SegmentQtr ended 30.06.2026 (Unaudited)Qtr ended 31.3.2026 (Audited)Qtr ended 30.06.2025 (Unaudited)Year ended 31.03.2026 (Audited)
LST Division Revenue495.43598.01405.171,933.79
Chemical Division Revenue207.96-164.37665.82

Auditor's Review and Emphasis of Matter​

Mittal & Associates confirmed that the statements were reviewed in accordance with Standard on Review Engagements (SRE) 2410, obtaining moderate assurance regarding material misstatement.

Both the consolidated and standalone review reports noted a matter requiring emphasis: an ongoing investigation related to an FIR and a complaint lodged with the Economic Office Wing (EOW) in July 2024. The complaint pertains to certain loans and borrowings allegedly undertaken by the then director of GBL Chemical Ltd (WOS) and CEO of the Company, involving an unauthorized bank account opened in the name of WOS with the State Bank of India. The company has filed a petition for quashing the said FIR which is currently pending before the High Court of Delhi.

GANESHBE Stock Price Movement​

Ganesh Benzoplast Limited shares slipped today, settling at ₹116.74 after the stock shed ₹4.16 or 3.46% from its previous closing price. The equity traded a total volume of 91,907 shares during the market session.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:

Editorial Note

This news article was written and created by Shreyas, and published on IST.
Back
Top