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GRP Limited — Earnings Release 2026
May 18, 2026
60365_rns_2026-05-18_2d85c0ca-9cdd-4359-849f-cab77711893c.pdf
Earnings Release
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From
Corporate Office: 510, A Wing, Kohinoor City C-I
Kirol Road, Off L.B.Shastril Marg, Kurla (W)
Mumbai - 400 070, India
T: +91 22 6708 2600 / 2500
AHEAD 50 GRP IMPACT POSITIVE
18.05.2026
To
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001.
To
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (E),
Mumbai - 400 051.
Scrip code: 509152
Symbol: GRPLTD – Series: EQ
Dear Sir / Madam,
Sub: Compliance under Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Newspaper Publication
Pursuant to Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Company has published audited standalone and consolidated financial results of the Company for the quarter and financial year ended 31st March, 2026 on Sunday, 17th May, 2026, in English newspaper - Financial Express (all editions) and in Gujarati newspaper-Gujrat Mitra.
Newspaper clippings for the same are being submitted for your records.
Thanking you,
For GRP Limited
Shilpa Mehta
Chief Financial Officer
encl: a/a
GRP Ltd.
CIN No.: L25191GJ1974PLC002555
Registered Office:
Plot No. 8, G.I.D.C., Ankleshwar - 393 002, Dist. Bharuch, Gujarat, India
T: +91 2646 250471 / 251204 / 650433 F: +91 2646 251622
www.grpweb.com
WWW.FINANCIALEEPRESS.COM
FINANCIAL EXPRESS
SUNDAY, MAY 17, 2026
13
GRP Limited
CHI LIEUTELEPRESS (SUNDAY)
Registered Office: Thomas William Robinson - 503 016 3rd, Edwards, Virginia
Tel: (414) 224-5708 (836) / (780) or (424-8714) (120) information www.archives.com/financial-express
EXTRACT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 12/THROUGH, 2026
| Date | Particulars | Sundays | Monetaries | Consolidated | |||
|---|---|---|---|---|---|---|---|
| Quarter ended | Year ended | Quarter ended | |||||
| 31-01-2026 | 31-01-2027 | 31-02-2026 | 31-01-2027 | 31-02-2026 | 31-02-2027 | ||
| 1 | Total income from Operations data | 2,171.05 | 10,371.95 | 2,147.15 | 10,321.15 | 1,751.15 | 2,171.15 |
| 2 | Net Profit (Loss) for the period dated 31-01-2026 | 1,899.01 | 254.97 | 1,754.60 | 1,723.67 | 1,60.96 | 1,624.40 |
| 3 | Operating Profit (Dewatering) data | 1,894.91 | 826.60 | 715.43 | 4,365.89 | 240.98 | 1,703.10 |
| 4 | Other (Sundays) and/or Consultancy terms | 1,751.12 | 1,294.22 | 1,244.48 | 46.10 | 2,048.64 | 1,191.92 |
| 5 | Total other (Sundays) and/or Consultancy terms | 1,751.12 | 1,294.22 | 1,244.48 | 46.10 | 2,048.64 | 1,191.92 |
The above is an extract of the detailed format of financial Results Net with the Stock Exchanges under Regulation 33 of the SEB (1) along and Other Disclosure Requirements (Regulations, 2011). The full format of the Quarter ended Financial Results are available on the Stock Exchange websites viz. www.neericks.com and www.beericks.com and also on the Company's website viz. www.anil.co.in. Exceptional items consist of: The Government of India (raw rodfeel the Code on Wages, 2010; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020) collectively, "Labour Codes" (on November 21, 2020. Based on the revised definition of wages under the Labour Codes, the Company has recognized an estimated additional expense of Rs. 183.45 lakhs and Rs. 970.49 lakhs for the quarter and year ended March 31, 2026 respectively towards gratuity and leave encasement as an exceptional item in the Statement of Profit and Loss. The Company continues to monitor the finalization of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such development as needed.
The Company received an income tax assessment order dated March 27, 2026, under Section 143(2) of the Income Tax Act, 1981 ("Under") from the Assessment Unit of the Income Tax Department for 07 2024-25 (FY 2023-24), raising a tax demand of Rs. 11,132.0 lakhs, including applicable interest, on account of certain additional adjustments made to the income reported by the Company. The Company has filed an appeal against the said Order before the Hon'ble CIT (A) on April 28, 2026 and has assessed the outflow of resources to tax remade.
The Board of Directors has recommended a dividend of Rs. 2.0 (Previous year Rs 2.0) per equity share of Rs. 10 each, aggregating Rs. 953.41 lakhs (Previous year Rs. 953.41 lakhs) for the year ended March 31, 2026. The payment is subject to approval of the shareholders at the ensuing annual general meeting.
The Company has informed the Board of Directors that the balance between the above and the above conditions is subject to approval.
Please see the attached statement.


































WWW.FINANCIALESPRESS.COM
FINANCIAL EXPRESS
SUNDAY, MAY 17, 2026
13
GRP Limited
CHI LIEUTELESPRESS (SUNDAY)
Registered Office: Thomas William Robinson - 520 5th St. (Kensh, Japan)
Tel: 01-22-5155000; E-Mail: [email protected]; www.chiasse-supplement.com; website: www.grpand.com
EXTRACT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 12/1/2026
| Date | Particulars | Stockbrooks | Consolidated | ||
|---|---|---|---|---|---|
| Quarter ended | Year ended | ||||
| 12/1/2026 (Audited) | 1/1/2026 (Unaudited) | 1/1/2026 (Audited) | 1/1/2026 (Audited) | ||
| Total assets | 1,014 | 1,014 | 1,014 | 1,014 | |
| 1 | Total Income from Operations data | 22,170.06 | 10,270.06 | 25,447.35 | 10,320.15 |
| 2 | Net Profit (Laws) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
| 3 | Less: Net Profit (Laws) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
| 4 | Less: Net (Loss) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
| 5 | Less: Net (Loss) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
| 6 | Less: Net (Loss) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
| 7 | Less: Net (Loss) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
| 8 | Less: Net (Loss) for the period ended 31 December 2020 | 1,899.01 | 294.97 | 176.40 | 1,725.61 |
Note: All income includes income from operations and other costs of the income of interest, including profit on 31 December 2020.
VALIANT ORGANICS LIMITED
Third Party: Mgr. of the University of California, San Francisco; First Party: Mgr. of the University of California, San Francisco; First Party: Mgr. of the University of Texas; Second Party: Mgr. of the University of California, San Francisco; Third Party: Mgr. of the University of Texas.
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The above is an extract of the detailed format of the quarter ended Financial Results and other data for the quarter ended 31 December 2020.
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| Balance at end of period | |
|---|---|
| 13/1/2026 | 13/1/2026 |
| 13/1/2026 | 13/1/2026 |
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| Balance at end of period | |
|---|---|
| 13/1/2026 | 13/1/2026 |
| 13/1/2026 | 13/1/2026 |
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WWW.FINANCIALESPRESS.COM
FINANCIAL EXPRESS
SUNDAY, MAY 17, 2026
13
GRP Limited
CHI LIEUTELESPRESS (SUNDAY)
Registered Office: Thomas 3000, 3000 Avenue, 1001505 Box (Branch, Japan)
Tel: +32-51556360; (708) or 424-87; number listed in approved form, website: www.grpand.com
EXTRACT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 12/17/2026 (D. 2226)
| Date | Particulars | Standards | Consolidated | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Quarter ended 31-Mar-25 | Year ended 31-Mar-25 | Quarter ended 31-Mar-25 | Year ended 31-Mar-25 | ||||||
| (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | ||
| 1 | Total Income from Operations Rate | 22,171.05 | 10,373.59 | 25,447.33 | 10,323.15 | 12,171.10 | 22,171.05 | 10,373.59 | 25,447.33 |
| 2 | Net Profit (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 3 | Corporate and/or Extraordinary items | 1,894.91 | 826.60 | 716.44 | 4,365.89 | 240.98 | 1,700.10 | 565.02 | 733.52 |
| 4 | Net Profit (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 5 | Less: Net Capital (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
Pilaca: International Trade Center, 1000000, 1000000, 1000000, 1000000
| 1 | 100,000 |
|---|---|
| 2 | 100,000 |
| 3 | 100,000 |
VALIANT ORGANICS LIMITED
Registered Office: The Times Group, Sumbok town, 5321 Leech Road, Kailina, BRC, Junction, Samoa and East, Mumbai, Maharashtra, India, 400098
Tel: 022 59496222; E-mail: [email protected] Website: www.vnll.co.in
Corporate Identity Number: 12214984100000000000000000000000000000000000000000000000000000000000000000000000000000000000
The above results have been reviewed by the Audit committee and approved by the Board of Directors at their meeting held on 30th May, 2026.
Report for the annual report of the Audit Committee and the report for the annual report of the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the annual report of the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the annual report of the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the 31st May, 2026.
Report for the annual report of the Board of Directors and the report for the 31
| Date | Particulars | Standards | Consolidated | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Quarter ended 31 Mar-25 | Year ended 31 Mar-25 | Quarter ended 31 Mar-25 | Year ended 31 Mar-25 | ||||||
| (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | ||
| 1 | Total income from Operations Rate | 22,171.05 | 10,373.59 | 25,447.33 | 10,323.15 | 12,171.10 | 22,171.05 | 10,373.59 | 25,447.33 |
| 2 | Net Profit (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 3 | Corporate and/or Extraordinary items | 1,894.91 | 826.60 | 716.44 | 4,365.89 | 240.98 | 1,700.10 | 565.02 | 733.52 |
| 4 | Net Profit (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 5 | Less: Net Capital (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 6 | Corporate and/or Extraordinary items | 1,898.01 | 826.60 | 716.44 | 4,365.89 | 240.98 | 1,898.01 | 254.98 | 176.32 |
Pilaca: World Bank, 1000000
| 1 | 100,000 |
|---|---|
| 2 | 100,000 |
| 3 | 100,000 |
FINANCIAL EXPRESS
FINANCIAL EXPRESS




International
International
International
International
International
International
International
International
International
International
| Date | Particulars | Standards | Consolidated | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Quarter ended 31-Mar-25 | Year ended 31-Mar-25 | Quarter ended 31-Mar-25 | Year ended 31-Mar-25 | ||||||
| (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | (In millions) | ||
| 1 | Total income from Operations Rate | 22,171.05 | 10,373.59 | 25,447.33 | 10,323.15 | 12,171.10 | 22,171.05 | 10,373.59 | 25,447.33 |
| 2 | Net Profit (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 3 | Corporate and/or Extraordinary items | 1,894.91 | 826.60 | 716.44 | 4,365.89 | 240.98 | 1,700.10 | 565.02 | 733.52 |
| 4 | Net Profit (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
| 5 | Less: Net Capital (Loss) for the period ended 31 Mar | 1,898.01 | 254.97 | 176.40 | 3,725.61 | 240.98 | 1,898.01 | 254.98 | 176.32 |
Pilaca: World Bank, 1000000
| 1 | 100,000 |
|---|---|
| 2 | 100,000 |
| 3 | 100,000 |
International
International
International
International
International
International
| 3 Months ended 31-Mar-25 (Unaudited) | 3 Months ended 31-Mar-25 (Unaudited) | Year ended 31-Mar-25 (Audited) | Year ended 31-Mar-25 (Audited) |
|---|---|---|---|
| 13,507.90 | 15,991.78 | 15,372.03 | 54,747.21 |
| (221.75) | (373.52) | 1,606.54 | (1,996.62) |
| (383.20) | (1,183.55) | 1,606.54 | (2,987.55) |
| 4,087.00 | 4,087.00 | 4,087.00 | 1,801.90 |
| 1,060.20 | (820.49) | 1,204.26 | (584.04) |
| 1,160.85 | 1,160.85 | 1,160.85 | 4 |
| 1,080.20 | (830.29) | 1,204.26 | 1,160.85 |
| 4,767.04 | 4,767.04 | 4,767.04 | 4,767.04 |
| 10,887.96 | 10,887.96 | 10,887.96 | 10,887.96 |
| 8 | |||
| 1 | |||
| 1.90 | (1.30) | 2.63 | (1.18) |
| 1.85 | (1.30) | 2.63 | (1.18) |
- The above is an extract of the detailed format for the Quarter ended Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Laking and Other Disclosure Requirements) Regulations, 2011). The full format of the Quarter ended Financial Results are available on the Stock Exchange websites viz. www.neensibs.com and www.beaindia.com and also on the Company's website viz. www.anil.co.in. Exceptional items consist of: The Government of India has notified the Code on Wages, 2010; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020 (collectively, "Labour Codes") on November 21, 2020. Based on the revised definition of wages under the Labour Codes, the Company has recognized an estimated additional expense of Rs. 183.45 lakhs and Rs. 970.49 lakhs for the quarter and year ended March 31, 2026 respectively, towards gratuity and leave encasement as an exceptional item in the Statement of Profit and Loss. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such development as needed.
- The Company received an income tax assessment order dated March 27, 2026, under Section 143(2) of the Income Tax Act, 1981 ("Order") from the Assessment Unit of the Income Tax Department for 07 2024-25 (P7 2023-24), raising a tax demand of Rs. 11,132.0 lakhs, including applicable interest, on account of certain additional adjustments made to the income reported by the Company. The Company has filed an appeal against the said Order before the Hon'ble CIT (A) on April 28, 2026 and has assessed the outflow of resources to be remote.
- The Board of Directors has recommended a dividend of Rs. 2.0 (Previous year Rs 2.0) per equity share of Rs. 10 each, aggregating Rs. 353.41 lakhs (Previous year Rs. 353.41 lakhs) for the year ended March 31, 2026. The payment is subject to approval of the shareholders at the ensuing annual general meeting.
- Pursuant to the Income tax Act, 2025, the Company has decided to opt for the new tax regime with effect from April 1, 2026. Accordingly, the Company has remeasured its deferred tax assets and liabilities as at March 31, 2026 using the applicable tax rate under the new tax regime. The impact of such remeasurement resulted in the reversal of Deferred Tax in the Statement of P&L is Rs. 1,717.70 lakhs (out of the total Rs. 2,356.22 lakhs), and the Deferred Tax charge recognised in Other Equity is Rs. 341.50 lakhs.
- The above results were reviewed by the Audit Committee and were thereafter approved by the Board of Directors at their meeting held on May 15, 2026.



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CLASSIFIED AD DEPOT (CAD)
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PATPARGANJ - CHANT ADVERTISERS, PH: 9899701024, 03596997, 02230007, PREST WEAR: AD BRIDGE COMBO- INC(AT)09, Ph: 9810029747, 42431234, 22011310, 0000000000000000000000000000000000000000000000000000000000000000000000
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JAWARTHIN - TRINSINTI ADVERTISERS, Ph: 9810224206, 03030307, KAROL BASH (REINSIRPORAL) 14, R ADVERTISERS, PH: 9810014816, 0310316819, 01547507, KARAN PURA: OAU ADVERTISING & MARKETING PVT. LTD., Ph: 9810020272, 0311320177, 9810600377, NEW INSTI BAGAR: MITTAL ADVERTISING, Ph: 25178183, 9810028182, 9000040003, MITI BAGAR: LBAA ADVERTISERS, Ph: 9012273145, 9800276797, RAINEDI BAGAR: POSITIVE ADS, Ph: 9891160327, 9010066777, 90418504, TELEMANAGE: 03104 ADVERTISERS, Ph: 8891461543, 00060679, 26016839, VIKAS PURI: AAKAR ADVT. MEDIA Ph: 9810491032, 9010467673, 9058796133
CENTRAL
COMMUNICATIONS - CHINA BANKS ADVERTISING & MARKETING, Ph: 9810145273, 23913577, 23920077, 029990077, 029990077
PLAZA: HAR 058 ADVERTISING COMPANY Ph: 9811533181, 42731158
CASHIER
HISTORY
10 HAZARI COURT: OH ADVERTISING, Ph: 9811177189, 63600697, CAMP: SHAGUJI ADVERTISING, Ph: 9810505535, 27436585, PATEL CHEST (GPP, NORRIS BAGAR PRUCE EXISTING: VANHIN ADVERTISING & MARKETING, Ph: 9350304609, 7340590693, PITTARPURA (PRASNANT WEAR): PAAVAN ADVERTISER, Ph: 9317364465, 9311256809, 47057929
LASER
AMBER ENTERPRISES INDIA LIMITED
Registered Office: C. Pincus - 1, 20-25, North Regency Town (Dhaka), Pajana 023001
Corporate Office: Universal Trade Tower, Tel/Floor, Sector 49, Sohna Road, Gurgaon - 122 018, Haryana
E-mail: [email protected] Website: www.anlurgosport.com
Tel: +91 133 502300; Fax: +91 134 3923016, IT
CN: L00010P0165P0,2310283
EXTRACT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 MARCH, 2026
| Consolidated | Year ended | ||||||
|---|---|---|---|---|---|---|---|
| 31 March 2026 | 31 December 2025 | 31 March 2026 | 31 March 2026 | 31 March 2026 | 31 December 2025 | 31 March 2026 | 31 March 2026 |
| (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | (Audited) | (Audited) | (Audited) |
| 4 14,751.94 | 2,84,201.60 | 2,72,304.64 | 12,10,647.56 | 4,67,351.23 | 1 | Total Income from Operations | 3,38,972.90 |
| 21,499.45 | 10,028.70 | 20,126.80 | 48,553.11 | 39,994.15 | 2 | Net Profit for the period before tax, exceptional and extraordinary items, Share of (out of 3) unit remand in year of receipts | 19,946.69 |
| 21,130.08 | 1,654.70 | 19,809.51 | 33,941.61 | 36,996.27 | 3 | Net Profit for the period before and after Exceptions and or extraordinary items, Share of (out of 3) unit remand in year of receipts | 19,946.69 |
| 16,180.75 | (803.92) | 11,942.35 | 22,945.33 | 20,115.14 | 4 | Net Profit for the period after tax (after Exceptional and/or extraordinary items) | 6,429.87 |
| 10,496.17 | 9,917.20 | 6,982.36 | 4,919.17 | 3,180.35 | 5 | Equity from Capital (Face value per share f' 10) | 4,257.24 |
| 4,23,682.55 | 2,20,196.99 | 6 | Fixed-Share (f'10) | 3,819.17 | |||
| 7 | Share earnings (f'10) | 3,819.17 | |||||
| 8 | Earnings for Share (of Rs. 10- each) (for continuing and discontinued operations) | ||||||
| 96.04 | (7.76) | 54.30 | 90.48 | 73.01 | |||
| 7.78 | (7.71) | 54.12 | 90.28 | 71.67 |
Please see below
- The above is an extract of the detailed format of Audible First Aid for the Quarter year Year ended 31 March, 2026. Not with the stock exchange codes. Regulator (C) of the Securities and Exchange Board of India (ASIA), Obligations and Disclosure Requirements) Regulations, 2010 (as amended due to time). The full format of the Audible Financial Results for the Quarter and Year ended 31 March, 2026 is available on the Company's website (https://www.manilagroupindia.com/financial-information/financial-results) and on the website of the stock exchange unless the Company's equity shares are listed viz. BSE Limited (www.heensibs.com) and the National Stock Exchange of India Limited (www.neensibs.com).
- Figures of the previous period have been regrouped, rearranged, reclassified, wherever necessary to comply with financial reporting requirements.
Place: Gunagran
Date: 15 May 2025
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