Gajanand International Reports ₹26.99 Crore H1 FY27 Revenue

Gajanand International Limited reported unaudited revenue from operations of ₹26.99 crore for the half year ended September 30, 2026, while EBITDA for the quarter declined 29.14% year-on-year to ₹31.59 lakh. The results provide an updated view of the company’s operating performance during the first half of FY27.

What did Gajanand International report for H1 FY27?

Gajanand International reported net sales, or income from operations, of ₹26.9949 crore for the half year ended September 30, 2026. The financial statement was unaudited and was considered by the company’s Board of Directors at its meeting on November 4, 2026.

The company disclosed quarterly EBITDA of ₹31.59 lakh. This was lower than ₹44.54 lakh in the corresponding prior-year quarter, representing a year-on-year decline of 29.14%. The disclosed figures show that the company remained EBITDA-positive for the quarter, although operating profit reduced from the comparable period.

The board said that the half-yearly unaudited standalone financial results were reviewed by the Audit Committee before being approved and taken on record. The results were issued along with a limited review report from the statutory auditors for the half year.

How were the H1 FY27 results approved?

The H1 FY27 results were approved by Gajanand International’s Board on November 4, 2026 after review by the Audit Committee. The company had previously informed the exchange that its board would meet on that date to consider and approve unaudited financial results for the half year ended September 2026.

The filing identifies the reported statements as standalone unaudited financial results. It also states that the statutory auditors issued a limited review report for the period. A limited review is part of the reporting process for unaudited interim financial statements and differs from the audit performed for annual financial results.

Earlier, on May 25, 2026, the board had considered and approved audited standalone financial statements for the half year and full year ended March 31, 2026. The company’s disclosures therefore separate the audited FY26 reporting cycle from the unaudited H1 FY27 update.

How does the latest operating performance compare with FY26?

The latest quarterly EBITDA is below the comparable prior-year figure, with profit at the operating level falling by ₹12.95 lakh from ₹44.54 lakh to ₹31.59 lakh. The company has not provided a detailed cost or segment-wise explanation in the supplied result information, so the disclosed data does not establish the specific reasons for the decline.

For the year ended March 31, 2026, Gajanand International reported revenue of ₹75.23 crore, EBITDA of ₹0.91 crore and net profit of ₹0.04 crore in annual-result data. In FY25, it had reported revenue of ₹95.11 crore, EBITDA of ₹1.63 crore and net profit of ₹0.36 crore.

That annual comparison indicates a reduction in revenue and EBITDA between FY25 and FY26. FY26 revenue was lower by 20.9% based on the supplied growth data, while net profit declined 88.64%. The H1 FY27 release adds a current-period revenue figure and a quarterly EBITDA comparison, but it does not provide a like-for-like H1 FY26 revenue figure in the supplied material.

Why do the results matter for investors?

The H1 FY27 update matters because it provides the latest disclosed revenue level after Gajanand International recorded lower revenue and EBITDA in FY26. Revenue of ₹26.99 crore for the six months to September 2026 is the primary reported measure of business activity in the latest filing.

The 29.14% decline in quarterly EBITDA is also relevant because it shows reduced operating profit compared with the year-earlier quarter. EBITDA measures earnings before interest, tax, depreciation and amortisation, and investors often track it alongside revenue to assess operating performance. However, a margin calculation cannot be derived from the supplied information because quarterly revenue has not been disclosed here.

The company’s FY26 net profit of ₹0.04 crore also indicates that annual earnings were modest relative to reported revenue. Investors assessing the latest result may therefore focus on subsequent disclosures for information on costs, profitability, working capital and whether quarterly operating performance changes over the remainder of FY27.

What corporate developments accompanied the financial update?

Gajanand International held its 17th Annual General Meeting on September 12, 2026. Shareholders approved all six ordinary and special resolutions, with 100% of the 12,997,024 valid votes cast through remote e-voting recorded in favour, according to the supplied announcement.

The approved matters included adoption of FY26 financial statements, re-appointment of director Truptiben Ashokbhai Monsara, and the appointment of M/s Rushabh R. Shah & Co. as statutory auditors for a five-year term. The appointment replaced M/s H.B. Kalaria & Associates. Shareholders also approved alterations to the Main Object clause of the Memorandum of Association.

These governance decisions do not alter the H1 FY27 revenue or EBITDA figures. They establish the company’s auditor appointment and approved corporate-object changes during the period surrounding the latest financial update.

Conclusion

Gajanand International’s H1 FY27 statement reports ₹26.99 crore of unaudited revenue from operations for the six months ended September 30, 2026. Quarterly EBITDA of ₹31.59 lakh was 29.14% below the prior-year figure, placing the latest operating update against a FY26 in which both revenue and EBITDA were lower than FY25.

Investors will watch Gajanand International’s subsequent financial disclosures for a fuller view of FY27 revenue, operating costs, EBITDA and net profit. The supplied filing confirms that the board approved the September half-year results on November 4, 2026, but does not disclose a forward target or outlook.