Net profit from continuing operations: ₹31.11 crore
Net profit from discontinued operations: ₹32.37 crore
Total net profit for quarter: ₹63.48 crore
Earnings Per Share (Standalone):
Basic EPS - Continuing operations: ₹2.81
Basic EPS - Discontinued operations: ₹2.93
Basic EPS - Total: ₹5.74
Diluted EPS - Total: ₹5.72
Key Financial Figures - Consolidated (Rs. in Crores)
Income Statement Highlights:
Total Income: ₹205.72 crore
Income from Operations: ₹188.05 crore from sales + ₹0.80 crore other operating income
Other Income: ₹16.87 crore
Total Expenses: ₹287.34 crore
Loss before tax and share of profit/(loss) of joint venture: ₹(81.62) crore
Share of Loss of Joint Venture: ₹(1.38) crore
Loss before exceptional items and tax: ₹(83.00) crore
Loss before tax from continuing operations: ₹(83.00) crore
Profitability:
Net loss from continuing operations: ₹(66.96) crore
Net profit from discontinued operations: ₹32.37 crore
Total net loss for quarter: ₹(34.59) crore
Attributable to owners of the company: ₹(38.55) crore
Attributable to non-controlling interest: ₹3.96 crore
Earnings Per Share (Consolidated):
Basic EPS - Continuing operations: ₹(6.41)
Basic EPS - Discontinued operations: ₹2.93
Basic EPS - Total: ₹(3.48)
Diluted EPS - Total: ₹(3.48)
Segment Information - Standalone (Rs. in Crores)
Revenue:
Real Estate: ₹46.78 crore sales
Others: ₹16.19 crore sales
Pulp and Paper (discontinued): ₹768.08 crore sales
Total sales (continuing and discontinued): ₹830.92 crore
Segment Results:
Real Estate profit after depreciation: ₹24.60 crore
Others profit after depreciation: ₹11.51 crore
Pulp and Paper profit: ₹42.68 crore
Textiles loss: ₹(0.09) crore
Segment Assets:
Real Estate: ₹6,048.03 crore
Others: ₹201.59 crore
Pulp and Paper: ₹3,015.99 crore
Textiles: ₹3.53 crore
Unallocable Assets: ₹4,591.00 crore
Total Assets: ₹13,860.14 crore
Significant Events and Updates
Business Divestment:
The company completed the sale of its pulp and paper business to ITC Ltd on August 1, 2026
Business Transfer Agreement was executed on March 31, 2025
Accounting impact will be recognized in the subsequent quarter
Exceptional Items:
Textiles business impact: Provision of ₹2.50 crore recognized in Q4 FY26 towards JV's working capital requirements
Labour Code changes: Incremental gratuity and leave liability of ₹36.23 crore recognized in FY26
ESOP Activity:
2,06,039 ESOPs exercised during the quarter
80,749 treasury shares sold in open market
No new ESOPs granted during the quarter
Tax Considerations:
Company reversed net deferred tax liability of ₹123.76 crore due to lower tax rate under new tax regime
Company will opt for new tax regime from tax year 2026-27
Segment Reclassification:
Management revised segment classification due to discontinuation of textile business and divestment of paper & pulp business
New segments: "Real Estate" (residential projects, leased properties, investment properties) and "Others" (Viscose Filament Yarn, Tyre Yarn, Salt works, Chemicals)
