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Quarterly ResultsArchiveLast updated 6 October 20261 min read

Gammon India's Q1 Revenue Jumps 50% YoY, But Losses Widen

Infrastructure firm Gammon India reports a sharp year-on-year revenue increase, though quarterly sales fell sequentially and net losses expanded.

By Abhinav Singhvi, Founder & CEO Hexawealth · Created 6 October 2026

Gammon India's Q1 FY27 revenue grew 50% from a year ago, but the company's net loss widened significantly. The quarter saw a sharp sequential drop in sales from the previous period.

Gammon India reported a mixed set of numbers for the first quarter of fiscal year 2027. While revenue showed a strong year-on-year increase, the company's net loss deepened significantly, highlighting ongoing challenges in its profitability.

Revenue for the quarter ended June 2026 stood at ₹2.19 crore, a 50% jump from the ₹1.46 crore reported in the same quarter last year. However, this represents a steep 97% decline from the ₹80.41 crore revenue in the immediately preceding quarter (Q4 FY26). The net loss for the quarter widened to ₹372.75 crore, nearly doubling from the ₹193.63 crore loss in Q1 FY26, though it improved 19% sequentially from Q4 FY26.

A look at the recent quarterly performance shows a volatile revenue pattern and persistent losses.

Revenue (₹ Cr)

Profit (₹ Cr)

MetricCurrentQ1 FY27PreviousQ4 FY26Same quarter LYQ1 FY26
Period Ended
June 2026
March 2026
June 2025
Revenue (₹ Cr)
2.19YoY +50%
80.41
1.46
Profit (₹ Cr)
-372.75YoY -93%
-313.92
-193.63

Key Points

  • The trailing twelve-month (TTM) revenue stands at ₹95.21 crore, with a TTM net loss of ₹1,349.44 crore.
  • For the full fiscal year 2026, the company reported an annual loss of ₹1,169.56 crore on revenue of ₹94.48 crore.
  • Key financial health metrics remain under pressure, with a current ratio of 0.01 and an interest cover of 0.13.

The company's ability to convert its sporadic revenue spikes into consistent, profitable growth remains the central question for its financial turnaround.

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