Granite Ridge Resources, Inc. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

128.26

105.48

112.67

109.22

122.93

106.31

94.08

Other Operating Income

0.00

Total Operating income

128.26

105.48

112.67

109.22

122.93

106.31

94.08

Raw Material Cost

92.89

89.04

86.09

79.97

73.05

72.17

63.80

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

10.32

8.50

6.07

5.91

5.01

4.67

4.82

Selling and Distribution Expenses

9.08

8.04

6.99

8.52

7.46

5.94

5.59

Other Expenses

-1.03

-0.85

-0.61

-0.59

-0.50

-0.47

-0.48

Total Expenditure (Excl Depreciation)

101.97

97.08

93.08

88.48

80.52

78.11

69.39

Operating Profit (PBDIT) excl Other Income

26.299999999999997

8.4

19.6

20.7

42.400000000000006

28.2

24.700000000000003

Other Income

-11.95

1.03

0.55

-5.89

-9.85

-4.15

-6.48

Operating Profit (PBDIT)

69.32

67.33

76.08

68.26

81.01

73.90

62.35

Interest

10.32

8.50

6.07

5.91

5.01

4.67

4.82

Exceptional Items

-64.68

-33.66

5.22

23.93

-14.86

-35.64

0.00

Gross Profit (PBDT)

35.37

16.44

26.58

29.25

49.88

34.14

30.27

Depreciation

54.98

57.90

55.95

53.41

48.45

49.85

44.15

Profit Before Tax

-60.66

-32.73

19.29

32.86

12.69

-16.26

13.38

Tax

-13.63

-7.67

4.77

7.78

2.88

-4.64

4.33

Provisions and contingencies

0.00

Profit After Tax

-47.13

-25.12

14.44

24.95

9.76

-11.68

8.99

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-47.13

-25.12

14.44

24.95

9.76

-11.68

8.99

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

-47.13

-25.12

14.44

24.95

9.76

-11.68

8.99

Equity Capital

0.00

Face Value

0.0

Reserves

545.64

605.76

643.89

642.47

631.41

635.35

660.58

Earnings per share (EPS)

-0.36

-0.19

0.11

0.19

0.07

-0.09

0.07

Diluted Earnings per share

-0.36

-0.19

0.11

0.19

0.07

-0.09

0.07

Operating Profit Margin (Excl OI)

20.5%

7.96%

17.39%

18.98%

34.5%

26.52%

26.24%

Gross Profit Margin

-4.43%

23.86%

66.78%

78.99%

49.73%

31.59%

61.16%

PAT Margin

-36.75%

-23.81%

12.81%

22.85%

7.94%

-10.99%

9.56%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 21.61% vs -6.39% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is -87.65% vs -274.31% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 22.62% vs -12.19% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is 21.18% vs 39.34% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of Granite Ridge Resources, Inc. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(USD)

Change(%)

Net Sales

128.26

429.63

-301.37

-70.15%

Other Operating Income

0.00

Total Operating income

128.26

429.63

-301.37

-70.15%

Raw Material Cost

92.89

336.56

-243.67

-72.40%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

10.32

49.85

-39.53

-79.30%

Selling and Distribution Expenses

9.08

23.79

-14.71

-61.83%

Other Expenses

-1.03

-4.99

3.96

79.36%

Total Expenditure (Excl Depreciation)

101.97

360.35

-258.38

-71.70%

Operating Profit (PBDIT) excl Other Income

26.29

69.28

-42.99

-62.05%

Other Income

-11.95

2.12

-14.07

-663.68%

Operating Profit (PBDIT)

69.32

255.56

-186.24

-72.88%

Interest

10.32

49.85

-39.53

-79.30%

Exceptional Items

-64.68

-362.68

298.00

82.17%

Gross Profit (PBDT)

35.37

93.07

-57.70

-62.00%

Depreciation

54.98

186.42

-131.44

-70.51%

Profit Before Tax

-60.66

-343.40

282.74

82.34%

Tax

-13.63

239.17

-252.80

-105.70%

Provisions and contingencies

0.00

Profit After Tax

-47.13

-582.57

535.44

91.91%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-47.13

-582.57

535.44

91.91%

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

-47.13

-582.57

535.44

91.91%

Equity Capital

0.00

Face Value

0.00

0.01

0.00

Reserves

545.64

2,105.58

-1,559.94

-74.09%

Earnings per share (EPS)

-0.36

-15.43

15.07

97.67%

Diluted Earnings per share

-0.36

-15.43

15.07

97.67%

Operating Profit Margin (Excl OI)

20.50%

15.60%

0.00

4.90%

Gross Profit Margin

-4.43%

-36.54%

0.00

32.11%

PAT Margin

-36.75%

-135.60%

0.00

98.85%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 12.83 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 21.61% vs -6.39% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 4.39% vs 38.09% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit -4.71 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -87.65% vs -274.31% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -580.61% vs -39.51% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 8.13 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 22.62% vs -12.19% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -10.56% vs 48.29% in Mar 2025

Quarterly - Interest

Interest 1.03 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 21.18% vs 39.34% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 106.00% vs 56.25% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 20.50%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025