Financial Results Overview
Standalone Performance (Amount in ₹ Lacs)
Quarter Ended September 30, 2026:
- Total Income: ₹313.42
- Revenue from Operations: ₹128.48 (Other operating revenue)
- Other Income: ₹184.94
- Total Expenses: ₹768.72
- Loss Before Tax: ₹(455.30)
- Tax Expense: ₹(34.11) (Deferred tax)
- Net Loss: ₹(421.20)
- Other Comprehensive Loss: ₹(74.13)
- Total Comprehensive Loss: ₹(495.33)
- Basic & Diluted EPS: ₹(1.68)
Half-Year Ended September 30, 2026:
- Total Income: ₹817.60
- Net Loss: ₹(709.91)
- Total Comprehensive Loss: ₹(409.63)
- Basic & Diluted EPS: ₹(2.84)
Consolidated Performance (Amount in ₹ Lacs)
Quarter Ended September 30, 2026:
- Total Income: ₹1,198.63
- Revenue from Operations: ₹836.64
- Other Income: ₹361.99
- Total Expenses: ₹1,436.71
- Share in Net Profit of Joint Ventures & Associates: ₹266.94
- Profit Before Tax: ₹28.86
- Tax Expense: ₹(32.64) (Deferred tax)
- Net Profit: ₹61.49
- Other Comprehensive Loss: ₹(96.24)
- Total Comprehensive Loss: ₹(34.75)
- Basic & Diluted EPS: ₹0.25
Half-Year Ended September 30, 2026:
- Total Income: ₹2,538.71
- Net Profit: ₹486.16
- Total Comprehensive Income: ₹396.34
- Basic & Diluted EPS: ₹1.95
Segment Information (Consolidated)
Quarter Ended September 30, 2026:
- Real Estate Services Revenue: ₹128.48; Segment Result: ₹(455.33)
- Travel Services Revenue: ₹721.65; Segment Result: ₹204.35
- Others Revenue: ₹-; Segment Result: ₹12.96
- Inter-segment Revenue: ₹(13.50)
- Gross Revenue: ₹836.64
Key Financial Positions
Standalone Balance Sheet (as at September 30, 2026)
- Total Assets: ₹42,740.87 Lacs
- Non-current Assets: ₹36,555.28 Lacs
- Current Assets: ₹6,185.59 Lacs
- Total Equity: ₹36,352.80 Lacs
- Non-current Liabilities: ₹3,610.89 Lacs
- Current Liabilities: ₹2,777.18 Lacs
Consolidated Balance Sheet (as at September 30, 2026)
- Total Assets: ₹78,108.29 Lacs
- Non-current Assets: ₹64,604.68 Lacs
- Current Assets: ₹13,503.61 Lacs
- Total Equity: ₹68,102.73 Lacs
- Non-current Liabilities: ₹3,753.77 Lacs
- Current Liabilities: ₹6,251.79 Lacs
Cash Flow Statements
Standalone Cash Flows (Half-Year Ended September 30, 2026)
- Net Cash Used in Operating Activities: ₹(1,349.73)
- Net Cash from Investing Activities: ₹1,218.96
- Net Cash Used in Financing Activities: ₹(55.56)
- Net Decrease in Cash: ₹(186.32)
- Cash & Cash Equivalents at End: ₹96.87
Consolidated Cash Flows (Half-Year Ended September 30, 2026)
- Net Cash Used in Operating Activities: ₹(1,806.63)
- Net Cash from Investing Activities: ₹1,230.83
- Net Cash from Financing Activities: ₹331.57
- Net Decrease in Cash: ₹(244.18)
- Cash & Cash Equivalents at End: ₹809.37
Entities Included in Consolidation
Subsidiaries:
- Spin Investment India Limited
- Superior Investment (India) Limited
- Uniglobe Mod Travels Private Limited
- Vinura Beverages Private Limited
Joint Ventures:
- Gujarat Guardian Limited
- Modi Marco Aldany Private Limited
- Asahi Modi Materials Private Limited
Associate:
- IQ Modi Power Private Limited
Shareholding Pattern
- Promoter & Promoter Group: 1,56,98,952 shares (62.69%)
- Public Shareholding: 93,41,580 shares (37.31%)
- No shares pledged/encumbered
Investor Complaints
- Pending at beginning of quarter: NIL
- Received during quarter: -
- Disposed during quarter: -
- Remaining unresolved at end of quarter: NIL
Audit & Approval Details
- Financial results reviewed by Audit Committee and approved by Board of Directors on November 13, 2026
- Statutory Auditors (P N A M & Co. LLP) issued unmodified review reports dated November 13, 2026
- Review conducted under SRE 2410 issued by ICAI
Additional Notes
- EPS calculated in accordance with Ind AS 33
- Figures for quarter represent difference between six-month reviewed figures and published three-month figures
- Previous periods figures regrouped/reclassified for comparability
- Consolidated results include share of net profit from joint ventures and associates whose financial statements are not audited by the statutory auditors