Date: 30th May, 2026

Board Meeting Outcomes

The Board of Directors meeting was held on 30th May, 2026 at the Corporate Office in Begumpet, Hyderabad, commencing at 4:00 PM and concluding at 7:10 PM. The Board:

  • Approved the Consolidated and Standalone Audited Financial Results for the Quarter and Year ended 31st March, 2026
  • Appointed Mr. Y. Siddharth Reddy, Vice-Chairman, JMD & CEO (DIN: 00815456) as Nodal Officer under Section 125 of Companies Act, 2013
  • Reviewed and approved the Related Party Transactions disclosure for the second half yearly ended 31st March, 2026

Financial Results (Standalone)

Quarter Ended 31st March, 2026 (Audited)

  • Revenue from Operations: ₹1,832.60 lakhs
  • Other Income: ₹3,350.73 lakhs
  • Total Revenue: ₹5,183.34 lakhs
  • Total Expenses: ₹4,293.13 lakhs
  • Profit before Exceptional Items: ₹890.21 lakhs
  • Exceptional Items (Impairment of Goodwill): ₹774.00 lakhs
  • Profit Before Tax: ₹116.21 lakhs
  • Tax Expenses: ₹(47.90) lakhs (Current Tax: ₹(4.83) lakhs, Deferred Tax: ₹(43.07) lakhs)
  • Net Profit for the period: ₹164.11 lakhs
  • Total Comprehensive Income: ₹164.11 lakhs
  • Basic EPS: ₹0.10; Diluted EPS: ₹0.10

Year Ended 31st March, 2026 (Audited)

  • Revenue from Operations: ₹7,831.52 lakhs
  • Other Income: ₹3,791.17 lakhs
  • Total Revenue: ₹11,622.70 lakhs
  • Total Expenses: ₹10,824.62 lakhs
  • Profit before Exceptional Items: ₹798.08 lakhs
  • Exceptional Items (Impairment of Goodwill): ₹774.00 lakhs
  • Profit Before Tax: ₹24.08 lakhs
  • Tax Expenses: ₹(18.89) lakhs (Current Tax: ₹6.26 lakhs, Deferred Tax: ₹(25.15) lakhs)
  • Net Profit for the year: ₹42.96 lakhs
  • Total Comprehensive Income: ₹42.96 lakhs
  • Basic EPS: ₹0.03; Diluted EPS: ₹0.03

Standalone Balance Sheet Highlights (31st March, 2026)

  • Total Assets: ₹57,537.38 lakhs
  • Shareholders' Funds: ₹36,955.89 lakhs (Capital: ₹3,269.29 lakhs, Other Equity: ₹33,686.59 lakhs)
  • Non-Current Liabilities: ₹14,888.76 lakhs
  • Current Liabilities: ₹5,692.73 lakhs

Financial Results (Consolidated)

Quarter Ended 31st March, 2026 (Audited)

  • Revenue from Operations: ₹1,832.60 lakhs
  • Other Income: ₹3,350.73 lakhs
  • Total Revenue: ₹5,183.34 lakhs
  • Total Expenses: ₹4,341.20 lakhs
  • Profit before Exceptional Items: ₹842.14 lakhs
  • Exceptional Items (Impairment of Goodwill): ₹2,561.54 lakhs
  • Profit Before Tax: ₹(1,719.40) lakhs
  • Tax Expenses: ₹35.34 lakhs (Current Tax: ₹7.72 lakhs, Deferred Tax: ₹(43.07) lakhs)
  • Net Loss for the period: ₹(1,684.06) lakhs
  • Total Comprehensive Loss: ₹(1,684.06) lakhs
  • Basic EPS: ₹(1.03); Diluted EPS: ₹(1.03)

Year Ended 31st March, 2026 (Audited)

  • Revenue from Operations: ₹7,831.52 lakhs
  • Other Income: ₹3,791.07 lakhs
  • Total Revenue: ₹11,622.70 lakhs
  • Total Expenses: ₹10,843.45 lakhs
  • Profit before Exceptional Items: ₹779.25 lakhs
  • Exceptional Items (Impairment of Goodwill): ₹2,561.54 lakhs
  • Profit Before Tax: ₹(1,782.29) lakhs
  • Tax Expenses: ₹18.88 lakhs (Current Tax: ₹6.26 lakhs, Deferred Tax: ₹(25.15) lakhs)
  • Net Loss for the year: ₹(1,763.41) lakhs
  • Total Comprehensive Loss: ₹(1,763.41) lakhs
  • Basic EPS: ₹(1.08); Diluted EPS: ₹(1.08)

Consolidated Balance Sheet Highlights (31st March, 2026)

  • Total Assets: ₹51,946.84 lakhs
  • Shareholders' Funds: ₹29,624.08 lakhs (Capital: ₹3,269.29 lakhs, Other Equity: ₹26,354.78 lakhs)
  • Non-Current Liabilities: ₹15,103.06 lakhs
  • Current Liabilities: ₹7,019.70 lakhs

KMP / Board Changes

Mr. Y. Siddharth Reddy, Vice-Chairman, JMD & CEO (DIN: 00815456) was appointed as Nodal Officer of the Company under Section 125 of Companies Act, 2013 with immediate effect.

Standalone Financial Results

  • Auditor: M/s. P. Murali & CO., Chartered Accountants (Firm Reg No. 007257S)
  • Opinion: Unmodified opinion issued
  • Emphasis of Matter: Investments in subsidiary companies are continuing at historical cost and not at fair value
  • The quarter ended March 31, 2026 results represent balancing figures between audited full year and unaudited year-to-date figures up to third quarter

Consolidated Financial Results

  • Auditor: M/s. P. Murali & CO., Chartered Accountants (Firm Reg No. 007257S)
  • Opinion: Unmodified opinion issued
  • Emphasis of Matter: Investments in subsidiary companies are continuing at historical cost and not at fair value
  • Includes results of 26 subsidiary companies and step-down subsidiaries
  • Financial statements of two subsidiaries audited by other auditors (group share: total assets ₹379.21 lakhs, net loss ₹5.28 lakhs)

Related Party Transactions

Disclosure of Related Party Transactions on consolidated basis for second half yearly ended 31st March, 2026 included transactions with:

  • Subsidiary companies: Aquarian Realtors Private Limited, Bright Resorts Private Limited, Chanakyapuri Resorts Private Limited, Club Arzee Limited, and others
  • Promoters: Y. Varun Reddy, Y. Siddharth Reddy, Y. Rajeev Reddy, A. Manjula Reddy
  • Transaction types: Remuneration, Lease Rent
  • Values ranging from ₹2.00 lakhs to ₹121.22 lakhs
  • All transactions approved by Audit Committee

Significant Notes to Accounts

1. Segment-wise profitability not disclosed as infrastructure is common to all revenue-generating activities

2. Figures for quarters ended March 31, 2026 and March 31, 2025 represent balancing figures between audited full year and unaudited year-to-date figures

3. Recognized impairment loss of ₹774 lakhs (standalone) and ₹2,561.54 lakhs (consolidated) for goodwill

4. Modified joint development agreement with M/s. Yoty Estates Private Limited - refundable deposit of ₹2091 crores adjusted against additional area

5. Written back ₹441 lakhs of long-outstanding creditor balances where no further liability expected

6. Consolidated impairment includes ₹1,787.54 lakhs for goodwill from acquisition of Jade Resorts Private Limited and J Arts & Entertainment Private Limited

Dividend Declaration

No dividend declaration mentioned in the document.