GMR Power and Urban Infra Credit Rating

GMR Power and Urban Infra Merger & Restructuring Worth ₹0.05 Cr

GMR Energy, a subsidiary, subscribed to the MOA of newly incorporated GMR Andhra Pradesh Renewable Energy-II Limited. The Rs. 0.05 crore cash commitment gives 100% control.

Value

₹0.05 Cr

GMR Power and Urban Infra Merger & Restructuring

GMR Power and Urban Infra's subsidiary GMR Energy incorporated GAPREL-II, a wholly owned renewable energy step-down subsidiary. The company has not yet begun business operations.

GMR Power and Urban Infra Other Announcement

GMR Power filed a monitoring agency report for the quarter ended September 30, 2026. Preferential issue proceeds are fully utilised, with no deviation from the offer document.

GMR Power and Urban Infra Investor Presentation: Key Takeaways

Q2FY27 total income ₹15.9bn (-17% YoY), EBITDA ₹4.1bn (26% margin), PAT ₹1,531mn vs ₹8,950mn LY (exceptional-driven). Net debt ₹89.7bn.

GMR Power and Urban Infra Q2 FY27 Results: Net Profit ₹154 Cr, Down 82.8% YoY

GMR Power and Urban Infra Ltd reported revenue from operations of ₹1,528 Cr (-15.6% YoY) and net profit of ₹154 Cr (-82.8% YoY) for Q2 FY27.

Key figure

Net profit ₹154 Cr · -82.8% YoY

GMR Power and Urban Infra Board Meeting Date

GMR Power and Urban Infra schedules a board meeting for October 30, 2026 to consider unaudited standalone and consolidated results for the quarter ended September 30, 2026. The trading window stays closed until 48 hours after the results.

Shree Ajit Pulp & Paper Credit Rating

ICRA reaffirmed Shree Ajit Pulp & Paper's ratings at BBB+ long-term and A2 short-term. The outlook was revised to Positive from Stable.

Bhagyanagar India Credit Rating

ICRA assigned an [ICRA]A- (Stable) rating to Tieramet Limited's long-term fund-based bank facilities. Bhagyanagar India disclosed the rating covering a Rs.654 Crore facility.

Aye Finance Credit Rating

ICRA upgraded Aye Finance's credit rating to A+ with a Stable outlook. The upgrade signals improved creditworthiness for investors.

Shristi Infrastructure Development Corporation Credit Rating

Brickwork Ratings reviewed and assigned BWR C to Shristi Infrastructure's Rs.145 crore secured redeemable NCDs. The filing intimates the rating under Regulations 30, 51 and 55.

Adani Power Credit Rating

ICRA upgraded Adani Power's long-term rating to AA+ (Stable) from AA and reaffirmed its short-term A1+ rating. The action covers about ₹90,500 Crore of rated facilities.

Sahyadri Industries Credit Rating

ICRA upgraded Sahyadri Industries' long-term bank facilities to [ICRA]A (Stable) and short-term facilities to [ICRA]A1. The action covers existing bank limits and involves no new capital raised.