Board Meeting Details

The meeting commenced at 04:15 p.m. and concluded at 05:00 p.m. on Monday, 10th August, 2026.

Key Decisions Approved

1. Standalone Unaudited Financial Results: The Board considered and approved the standalone unaudited financial results for the quarter ended 30th June, 2026 along with the Limited Review Report on Un-Audited Financial Results.

2. Appointment of Internal Auditors: Based on the recommendation of the Audit Committee, the Board approved the appointment of M/s. Khush D Patel & Associates, Chartered Accountants (FRN: 161979W) as the Internal Auditors of the company for the financial year 2026-27. The appointment was made to comply with applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations requirements.

Financial Results Summary (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹48.60 lakhs
  • Other Income: ₹0.57 lakhs
  • Total Income: ₹49.17 lakhs
  • Total Expenses: ₹14.64 lakhs (Breakdown: Employee benefit expense ₹0.30 lakhs, Depreciation ₹2.31 lakhs, Other expenses ₹12.03 lakhs)
  • Profit Before Tax: ₹34.53 lakhs
  • Tax Expense: ₹9.71 lakhs (Current tax ₹8.64 lakhs, Deferred tax ₹1.07 lakhs)
  • Net Profit After Tax: ₹24.82 lakhs
  • Other Comprehensive Loss: ₹46.54 lakhs (net of tax)
  • Comprehensive Loss for Period: ₹21.72 lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.21
  • Paid-up Equity Share Capital: ₹1,200.14 lakhs (Face Value ₹10 per share)

Comparative Figures

  • Quarter Ended March 31, 2026: Net profit ₹16.89 lakhs on total income ₹49.54 lakhs
  • Quarter Ended June 30, 2025: Net profit ₹5.25 lakhs on total income ₹28.80 lakhs
  • Year Ended March 31, 2026: Net profit ₹92.91 lakhs on total income ₹177.85 lakhs

Auditor Review

Sorab S. Engineer & Co. (Firm Registration No. 110417W) issued a limited review report confirming the financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and comply with Regulation 33 of SEBI Listing Regulations. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.

Additional Information

  • The company's business activity falls within a single operating segment: "Building and Constructions of Real Estate, Civil Engineering"
  • Previous period figures have been regrouped/reclassified where necessary
  • The results for quarter ended March 31, 2026 represent balancing figures between audited annual figures and previously published unaudited quarterly figures

Internal Auditor Appointment Details

  • Date of Appointment: 10th August, 2026
  • Term: Financial Year 2026-27
  • Firm Profile: M/s. Khush D Patel & Associates (FRN: 161979W); Proprietor Khush Patel has experience in accounting, auditing and related services
  • Relationships: Not applicable (no director relationships disclosed)