26-Oct-2026 15:06:45

GSFC Q2 : STANDALONE NET LOSS DOWN 36.8% AT ₹20.19 CR (YOY), UP 2.6% (QOQ). WEAK (ON 1ST LOOK)

Total income up 1.8% at ₹4.18 Cr (YOY), up 2.9% (QOQ). Operating loss before provisions at ₹20.00 Cr v ₹32.11 Cr loss (YOY). Gross and net NPA at 100% of advances; EPS at -₹2.27 for the quarter. Half-year net loss at ₹39.86 Cr v ₹62.98 Cr loss (YOY). Caution: auditors issued a qualified opinion, including on going concern basis with net worth fully eroded.

Gujarat State Financial Corporation

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