Gujarat State Financial Corporation

📉 GSFC Q2 & H1 2025 Results: Net Loss Widens, NPA at 100%

- GSFC's Q2 2025 total income: ₹410.42 lakh, net loss: ₹3,196 lakh.

- H1 2025 total income: ₹817.93 lakh, net loss: ₹6,298.13 lakh.

- Interest earned in Q2 2025 dropped to ₹5.07 lakh vs. ₹33.95 lakh in Q2 2024.

- Other income rose slightly to ₹405.35 lakh in Q2 2025 from ₹378.90 lakh in Q2 2024.

- Gross NPA ratio remains at 100% for Q2 and H1 2025.

- Statutory auditors issued a qualified review report, raising concerns over going concern assumption and unconfirmed dues.

- Net worth fully eroded; liquidity issues led to repayment defaults.

- NPA provisions written back: ₹15.04 lakh (Q2), ₹65.50 lakh (H1).

- Basic & diluted EPS: ₹(3.59) for Q2, ₹(7.07) for H1 2025.