Key Financial Figures (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹9.68
  • Other income: ₹32.63
  • Total Income: ₹42.31
  • Employee benefit expense: ₹2.83
  • Depreciation and amortization: ₹0.06
  • Impairment loss: (₹100.00) [reversal]
  • Other expenses: ₹7.85
  • Total expenses: (₹89.26)
  • Profit before tax: ₹131.57
  • Tax expense: ₹9.09
  • Current tax: ₹8.01
  • Earlier year: ₹1.07
  • Deferred tax: ₹0.01
  • Net Profit after tax: ₹122.48
  • Other Comprehensive Income: ₹0.02
  • Total Comprehensive Income: ₹122.50
  • Basic and Diluted EPS: ₹2.45

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹9.68
  • Other income: ₹77.03
  • Total Income: ₹86.71
  • Employee benefit expense: ₹5.78
  • Depreciation and amortization: ₹0.11
  • Impairment loss: ₹305.05
  • Other expenses: ₹14.66
  • Total expenses: ₹325.60
  • Loss before tax: (₹238.89)
  • Tax expense: ₹17.87
  • Current tax: ₹16.81
  • Earlier year: ₹1.07
  • Deferred tax: (₹0.01)
  • Net Loss after tax: (₹256.76)
  • Other Comprehensive Income: ₹0.01
  • Total Comprehensive Income: (₹256.75)
  • Basic and Diluted EPS: (₹5.14)

Comparative Figures (Quarter Ended):

  • June 30, 2026: Net Loss after tax of (₹379.24), EPS (₹7.60)
  • September 30, 2025: Net Profit after tax of ₹20.11, EPS ₹0.48

Comparative Figures (Half Year Ended):

  • September 30, 2025: Net Profit after tax of ₹42.25, EPS ₹0.85
  • March 31, 2026 (Audited): Net Profit after tax of ₹125.23, EPS ₹2.51

Assets and Liabilities Position as at September 30, 2026 (₹ in lakhs)

Assets:

  • Non-current assets: ₹2.47
  • Current assets: ₹3,274.39
  • Inventories: ₹59.99
  • Trade receivables: ₹10.91
  • Cash and cash equivalents: ₹1,067.21
  • Bank balances other than cash: ₹512.25
  • Other financial assets: ₹1,518.34
  • Current tax assets: ₹1.32
  • Other current assets: ₹104.37
  • Total assets: ₹3,276.86

Equity and Liabilities:

  • Equity share capital: ₹500.79
  • Other equity: (₹780.51)
  • Total equity: (₹279.72)
  • Non-current liabilities: ₹3,500.25
  • Other financial liabilities: ₹3,500.00
  • Provisions: ₹0.25
  • Current liabilities: ₹56.33
  • Trade payables: ₹7.68
  • Other current liabilities: ₹48.62
  • Provisions: ₹0.03
  • Total equity and liabilities: ₹3,276.86

Cash Flow for Half Year Ended September 30, 2026 (₹ in lakhs)

  • Cash flow from operating activities: ₹976.25
  • Cash flow from investing activities: ₹82.01
  • Interest received on fixed deposits: ₹82.01
  • Net increase in cash and cash equivalents: ₹1,058.26
  • Cash and cash equivalents at beginning: ₹8.95
  • Cash and cash equivalents at end: ₹1,067.21

Key Notes and Disclosures

1. The accumulated loss of ₹780.51 lakhs as of September 30, 2026, exceeds the paid-up capital, and the net worth stands fully eroded. Total liabilities exceed total assets.

2. The company continues to be a not going concern as present cash flows are inadequate to meet liabilities. Financial statements are prepared on a realizable value basis with assets valued at realization value (where lower than cost) and all known liabilities fully provided for.

3. The company entered into a Memorandum of Understanding (MOU) with Uniron Infrabuild Pvt. Ltd. on September 26, 2025, for property purchase (consideration: ₹30 crores) and paid an advance of ₹5.05 crores. The MOU was canceled on March 17, 2026, making the amount refundable within 90 days (by June 14, 2026).

4. The company recognized an impairment loss of ₹4.05 crores for Q1 FY2027 (quarter ended June 30, 2026). Subsequently, received ₹1.00 crore on July 3, 2026, ₹0.75 crore on October 1, 2026, and ₹0.25 crore on October 9, 2026. Accordingly, ₹1.00 crore impairment loss was reversed in Q2 FY2027, reducing outstanding impairment provision to ₹3.05 crores. The company continues to pursue recovery of the outstanding amount.

5. The company has opted for taxation under Section 200 of the Income-tax Act, 2025 (corresponding to Section 115BAA of the Income-tax Act, 1961).

6. The company's main object is real estate development and related activities with no reportable segments as per Ind AS 108.

7. The financial results were reviewed by the Audit Committee and approved by the Board on October 30, 2026, and subjected to limited review by statutory auditors.