GAYAPROJ2026-07-012026-09-30GAYAPROJ2026-09-30GAYAPROJ2026-03-31GAYAPROJ2026-04-012026-09-30GAYAPROJ2026-07-012026-09-30in-capmkt:OtherExpenses1MemberGAYAPROJ2026-04-012026-09-30in-capmkt:OtherExpenses1MemberGAYAPROJ2026-09-30OtherNoncurrentFinancialAssetsDomain1GAYAPROJ2026-09-30OtherCurrentAssetsDomain1GAYAPROJ2026-09-30OtherNoncurrentFinancialLiabilitiesDomain1GAYAPROJ2026-09-30OtherCurrentFinancialLiabilitiesDomain1GAYAPROJ2026-09-30OtherCurrentLiabilitiesDomain1GAYAPROJ2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1GAYAPROJ2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532767GAYAPROJNOTLISTEDINE336H01023GAYATRI PROJECTS LIMITEDMain BoardEquity2026-04-012027-03-312026-11-042026-10-27INRLakhsQuarterlySecond quarterSingle segmentConstruction activity2026-11-0413:45:002026-11-0414:45:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated115633100059928000121625900010714020000-2806200001054150003786600046492000107970000108852500012773400036872200049645600030424000030424000046603200000013297000479329000-15580004777710000092859800023.093.09003.093.091. The above published un-audited consolidated financial results for the quarter and half year ended 30th September 2026 have been prepared in accordance with the principles and procedures as set out in Ind AS on financial statements and such other applicable standards as notified under section 133 of the Companies Act, 2013 and Companies (Indian Accounting Standard) Rules 2015, as amended. <br /> 2. The above un-audited consolidated financial results for the quarter and half year ended 30th September 2026 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 4th November 2026. <br /> 3. The Company's Operations primarily consist of Construction activities and there are no other reportable segments. <br /> 4. As on date of these un-audited consolidated financial results, the company has paid its lenders the entire amount as per the approved one time debt settlement u/s 12A of the IBC code 2016 including depositing the DSRA amount. <br /> 5. Exceptional Items <br /> a. During the current quarter, the company has received an arbitration claim of Rs. 2,005.48 Lakhs and the company has paid its lenders an amount of Rs. 421.15 Lakhs being the lenders share of arbitration payable as per the “Framework Agreement” entered with the lenders. The excess provision of lenders share of the corresponding arbitration payable amounting to Rs. 557.60 Lakhs has been written off and recognized as an exceptional item for the quarter and half year ended 30th September 2026. <br /> b. During the previous financial years the company had made a provision of Rs. 4,556.02 Lakhs with respect to the sub-ordinate debt given to its associate company i.e. Gayatri Highways Limited (“GHL”) as the same was written off by GHL unilaterally citing various reasons. During the current quarter and half year ended 30th September 2026, GHL had reinstated/recognized the said amount as a payable to the company and has paid the company the said amount. Accordingly, the reversal of the provision has been recognized as an exceptional item for the quarter and half year ended 30th September 2026. <br /> c. During the previous financial year, the company had paid an amount of Rs. 1,401.60 Lakhs to a corporate guarantee holder on behalf of its associate company i.e. GHL and the same was previously treated as an exceptional expenditure. During the current quarter, GHL agreed to reimburse the aforesaid amount and the company had received the reimbursement and the same was recognized an exceptional item for the current quarter and half year ended 30th September 2026. <br /> d. During the current quarter the company has recognized a further provision for impairment of Rs. 2,828.00 Lakhs on the investment made in 4% Compulsorily Convertible Cumulative Preferential Shares (CCCPS) in Gayatri Hi-tech Hotels Ltd, based on the valuation report of an independent registered valuer. <br /> 6. During the previous financial year, the company had recognized an amount of Rs. 15,455.00 Lakhs as “Collateral Security Enforcement under SARFARESI” under the head “Other Current Assets,” representing the reserve price of certain immovable properties assigned by a subcontractor in respect of their dues to the company. The immovable properties assigned to the company had been taken over by the Company’s lender, Punjab National Bank, under the SARFAESI Act, as the Company defaulted its dues to the bank . As stated in Note. 4 above, as on date of these un-audited consolidated Financial results, the company has paid the lender i.e. Punjab National Bank the entire term loan amount as per the approved one time settlement by way of sale of certain part of the immovable property amounting to Rs. 5,205.00 Lakhs and internal accruals. The management of the company in in active negotiations with prospective buyers to sell the balance immovable property and the impact of the above shall be recognized in the due course. <br /> 7. Gayatri Highways Limited, an associate company in which the company made investments during the previous financial years and the balance of these investments as at 30th September 2026 are Rs. 16,770.03 Lakhs in the form of Non-Convertible Preference Shares (‘NCPS’), Equity Share Capital investment Rs. 1,248.00 Lakhs. During the current quarter and half year ended 30th September 2026, GHL had repaid the entire subordinate debt/unsecured loan to the company from the sale of one of its road assets. As stated in the audited financial statements of the Associate Company, it has been incurring operating losses during the past few years. However, the financial statements of the said associate company have been prepared on a going concern basis as the promoters of the associate company have guaranteed support to the company and its management believes that its investments in several road projects will generate sufficient cash flows to support the company in near future. As per the information made available to the company, the associate company may receive the claims awards in its favor and substantial amounts from sale of investments held by them and the same shall be utilized to repay amounts due to the company and accordingly, the management of the company is of the view that, no provision is required to be made in the un-audited consolidated financial results for the carrying value of the preference shares for the quarter and half year ended 30th September 2026. <br /> 8. An amount of Rs. 2,802.15 Lakhs is receivable from a subcontractor against their agreed settlement amount. The management of the company is in active correspondence with the subcontractor to realize the settlement amount and considering the track record of the subcontractor is of the view that no provision is required to be made in the un- audited consolidated financial results for the balance receivable as at 30th September 2026. <br /> 9. The recovery of work and other advances and receivables from one subcontractor amounting to Rs. 7,483.05 Lakhs as at 30th September 2026 got delayed due to mis-match in cash flows of the sub-contractor and non-extension of adequate financial facilities. During the previous financial years, the said sub-contractor had arranged a payment of Rs. 2,452.80 Lakhs, to the lenders of the company however as there has been a significant delay in recovery of the amounts due the company has made a provision for expected credit loss of Rs. 4,823.50 Lakhs in the un-audited consolidated financial results for the quarter and half year ended 30th September 2026. <br /> 10. Previous period / year figures have been regrouped to facilitate comparison wherever necessary. <br /> 2026-04-012026-09-30UnauditedConsolidated3444066000312530000375659600024119310000626830002126940005968000093081000202660000304272900071386700015031500086418200030424000030424000083375800000016745000850503000-31840008473190000092859800025.455.45005.455.45Other Expenses107970000Other Expenses202660000762132000000000020172660006081400005028300002580910000127984000347102600012271400000401320100070838100010100000003250690006056651000238224000081179910001778402200021255048000928598000875851400096871120009687112000000056872180005687218000882300000569604100010301530005311400024525330002505647000194831700054841170003827830004995000005871895000001156793600021255048000Other non-current financial assets502830000Other current assets8117991000Other non-current financial liabilities5687218000Other current financial liabilities1948317000Other current liabilities382783000592960006009000008331500001337220000-5000000004786370000-58760000000093081000000-433755000-1918800000021215000028280500002703300000023336400010975460000000-7251900010250270000000000011171600063496000000000000000000000212150000069435000002771004000000000209439100000279671000003969420001491404000014914040002269770001718381000Re-measurement gains / (Losses) on actuarial valuation of Post employment defined benefits-2500000-2500000Re-measurement gains / (Losses) on actuarial valuation of Post employment defined benefits-5000000-5000000-942000-1816000-1558000-3184000