Radhe Developers (India) Limited held a meeting of its Board of Directors on July 17, 2026. The meeting commenced at 02:30 p.m. and concluded at 03:40 p.m.

The Board inter-alia considered and approved the following items:

1. Approved the Unaudited Financial Results of the Company for the quarter ended on June 30, 2026, along with the Limited Review Report thereon by the Statutory Auditor of the Company, as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

2. Approved the Notice of the 32nd Annual General Meeting of the Company.

Financial Results for Quarter Ended June 30, 2026 (₹ in Lakhs)

Income Statement Highlights:

  • Total Revenue from Operations: ₹120.44 lakhs
  • Total Expenses: ₹120.44 lakhs
  • Changes in inventories of finished goods, work-in-progress and stock-in-trade: ₹(58.33) lakhs
  • Employee Benefit Expense: ₹27.09 lakhs
  • Finance cost: ₹19.24 lakhs
  • Depreciation & amortization: ₹19.99 lakhs
  • Other Expenditure: ₹33.15 lakhs
  • Profit/(Loss) before extra ordinary and exceptional Items and tax: ₹435.76 lakhs
  • Exceptional Items: ₹0.00
  • Extra Ordinary Items: ₹0.00
  • Profit / (Loss) before Tax: ₹435.76 lakhs
  • Tax expense:
  • Current Tax: ₹0.00
  • Deferred Tax: ₹1.16 lakhs
  • Profit (Loss) for the period from continuing operations: ₹(119.87) lakhs (Net Loss)
  • Profit/(loss) from discontinuing operations: ₹0.00
  • Profit (Loss) for the period: ₹(119.87) lakhs (Net Loss)
  • Other Comprehensive Income: ₹(0.07) lakhs
  • Total Comprehensive Income for the period: ₹(119.87) lakhs
  • Net Profit / (Loss) for the year: ₹(119.87) lakhs

Balance Sheet & Capital Highlights:

  • Paid up equity share capital: ₹5488.82 lakhs
  • Face value of equity share capital: ₹1
  • Reserve excluding Revaluation Reserves: ₹1410.00 lakhs

Earnings Per Share (for continuing operation):

  • Basic: ₹(0.02)
  • Diluted: ₹(0.02)

Earnings Per Share (for discontinued operation):

  • Basic: ₹0.002
  • Diluted: ₹0.002

Comparative Figures (₹ in Lakhs):

Previous Quarter (March 31, 2026):

  • Total Revenue: ₹265.27
  • Profit/(Loss) for the period: ₹10.50
  • Net Profit / (Loss): ₹10.58
  • EPS (Basic): ₹0.07

Year-Ago Quarter (June 30, 2025):

  • Total Revenue: ₹179.37
  • Profit/(Loss) for the period: ₹387.79
  • Net Profit / (Loss): ₹387.79
  • EPS (Basic): Not clearly stated

Notes to the Financial Results

1. The Financial Results for the quarter ended June 30, 2026 were reviewed by the Audit Committee and subsequently approved by the Board of Directors.

2. The results have been prepared in accordance with Companies (Indian Accounting Standard) Rule, 2015 as prescribed under Section 133 of the Companies Act, 2013 and Regulation 33 of the SEBI (LODR) Regulations.

3. The Company's operations fall under the Construction business, which is its only reportable segment as per Ind AS 108.

4. Consolidated Financial Statements are not applicable to the Company.

5. The figures for the corresponding previous period have been restated/regrouped wherever necessary for comparability.

Auditor's Limited Review Report

The statutory auditor, S Parth & Co (Firm Registration Number: 154463W), issued a limited review report on the financial results. The report, signed by CA Parth Shah (Membership Number: 198530), states that based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement, except for the following qualification:

"No provision has been made in the quarterly results for gratuity, which is not in accordance with accounting prescribed under Ind AS 19."

The auditor also noted that they have not reviewed the accompanying financial results and other financial information for the quarter ended 30th June, 2025, which was presented solely based on information compiled by the Management.