Board Meeting Details

The Board of Directors meeting was held on Monday, 27 July 2026, commencing at 11:30 a.m. and ending at 1:00 p.m. The meeting was approved by the Audit Committee and Board of Directors.

Financial Results Overview

Standalone Performance (Quarter Ended 30 June 2026)

  • Total Income: ₹255.40 crore
  • Revenue from Operations: ₹211.80 crore
  • Other Income: ₹43.60 crore
  • Total Expenses: ₹128.36 crore
  • Cost of Materials Consumed: ₹34.14 crore
  • Employee Benefits Expenses: ₹13.79 crore
  • Finance Cost: ₹7.26 crore
  • Depreciation and Amortization: ₹11.67 crore
  • Other Expenses: ₹59.32 crore
  • Profit Before Tax: ₹127.04 crore
  • Tax Expense: ₹27.08 crore
  • Current Tax: ₹26.73 crore
  • Deferred Tax: ₹0.35 crore
  • Profit After Tax: ₹99.96 crore
  • Other Comprehensive Income: ₹0.09 crore
  • Total Comprehensive Income: ₹100.05 crore
  • Basic and Diluted EPS: ₹14.19 (not annualized)
  • Paid-up Equity Share Capital: ₹14.09 crore (Face Value ₹2 each)

Consolidated Performance (Quarter Ended 30 June 2026)

  • Total Income: ₹255.40 crore
  • Profit After Tax: ₹99.96 crore (attributable to owners of the company)
  • Total Comprehensive Income: ₹100.05 crore (attributable to owners of the company)
  • Basic and Diluted EPS: ₹14.19 (not annualized)

Segment Reporting (Standalone)

Revenue from Operations

  • Realty: ₹98.39 crore
  • Bombay Exhibition Center: ₹44.62 crore
  • Indabrator: ₹11.11 crore
  • Foods: ₹67.04 crore
  • Way-Side Amenities: Not separately quantified

Segment Profit Before Tax & Finance Costs

  • Realty: ₹82.85 crore
  • Bombay Exhibition Center: ₹22.10 crore
  • Indabrator: ₹0.12 crore
  • Foods: ₹5.28 crore
  • Way-Side Amenities: ₹7.62 crore
  • Total: ₹117.97 crore

Segment Assets

  • Realty: ₹1,508.30 crore
  • Bombay Exhibition Center: ₹312.78 crore
  • Indabrator: ₹49.35 crore
  • Foods: ₹88.16 crore
  • Way-Side Amenities: ₹82.75 crore
  • Total Segment Assets: ₹2,041.34 crore
  • Unallocable Assets: ₹1,603.24 crore
  • Total Assets: ₹3,644.58 crore

Significant Event

During the quarter, the company surrendered certain premises acquired earlier on long-term lease. The Right of Use Asset and Lease Liabilities for these premises were unwound, resulting in a net gain of ₹11.22 crore, which has been accounted as 'other income' in the Way-Side Amenities segment.

Comparative Figures

Quarter Comparison (YoY)

  • Total Income: Increased from ₹221.45 crore (Q1 FY26) to ₹255.40 crore (Q1 FY27)
  • Profit After Tax: Increased from ₹96.20 crore (Q1 FY26) to ₹99.96 crore (Q1 FY27)
  • EPS: Increased from ₹13.65 (Q1 FY26) to ₹14.19 (Q1 FY27)

Sequential Comparison (QoQ)

  • Total Income: Decreased from ₹272.13 crore (Q4 FY26) to ₹255.40 crore (Q1 FY27)
  • Profit After Tax: Increased from ₹93.05 crore (Q4 FY26) to ₹99.96 crore (Q1 FY27)

Auditor Review

The unaudited financial results were reviewed by S GD G & Associates LLP, Chartered Accountants (FRN: W100188), who issued a limited review report stating that nothing has come to their attention causing them to believe that the statements contain any material misstatement.