Financial Results Summary

Quarterly Performance (Q2 FY27)

  • Total Income: ₹4.99 lakh (compared to ₹4.83 lakh in Q1 FY27 and not available in Q2 FY26)
  • Total Expenses: Negative ₹29.22 lakh (compared to ₹13.40 lakh in Q1 FY27 and ₹9.62 lakh in Q2 FY26)
  • Profit/(Loss) Before Tax: ₹34.21 lakh (compared to loss of ₹8.57 lakh in Q1 FY27 and loss of ₹9.62 lakh in Q2 FY26)
  • Total Tax Expense: ₹33.15 lakh
  • Net Profit/(Loss): ₹1.06 lakh (compared to loss of ₹8.96 lakh in Q1 FY27 and loss of ₹19.57 lakh in Q2 FY26)
  • Earnings Per Share (Basic & Diluted): Negative ₹0.12

Half-Yearly Performance (H1 FY27)

  • Total Income: ₹9.82 lakh (compared to not available in H1 FY26)
  • Total Expenses: Negative ₹15.81 lakh (compared to ₹23.63 lakh in H1 FY26)
  • Profit/(Loss) Before Tax: ₹25.63 lakh (compared to loss of ₹23.63 lakh in H1 FY26)
  • Total Tax Expense: ₹33.54 lakh
  • Net Profit/(Loss): Loss of ₹7.91 lakh (compared to loss of ₹34.65 lakh in H1 FY26)
  • Earnings Per Share (Basic & Diluted): Negative ₹0.03

Annual Comparison (FY26)

  • Total Income: ₹23.37 lakh
  • Total Expenses: ₹290.92 lakh
  • Profit/(Loss) Before Tax: Loss of ₹267.55 lakh
  • Total Tax Expense: ₹414.28 lakh
  • Net Profit/(Loss): Loss of ₹681.83 lakh
  • Earnings Per Share (Basic & Diluted): Negative ₹3.02

Balance Sheet Position (as of September 30, 2026)

Assets

  • Total Assets: ₹13,748.94 lakh (compared to ₹13,315.04 lakh as of March 31, 2026)
  • Non-current Assets: ₹1,902.48 lakh (including Property, plant and equipment: ₹3.57 lakh, Investment Property: ₹924.54 lakh, Investment in Subsidiary/Associate/JV: ₹688.00 lakh)
  • Current Assets: ₹11,760.03 lakh (primarily Inventories: ₹11,072.58 lakh, Cash and cash equivalents: ₹32.92 lakh)
  • Asset classified as held for Sale: ₹86.43 lakh

Liabilities and Equity

  • Total Equity: ₹6,277.60 lakh (Share capital: ₹2,260.00 lakh, Other equity: ₹4,017.60 lakh)
  • Non-current Liabilities: ₹6,142.35 lakh (Borrowings: ₹2,567.25 lakh, Other non-current liabilities: ₹3,575.10 lakh)
  • Current Liabilities: ₹1,328.99 lakh (Borrowings: ₹513.13 lakh, Trade payables: ₹427.17 lakh, Other financial liabilities: ₹203.40 lakh)

Cash Flow Statement (H1 FY27)

  • Cash from Operating Activities: Negative ₹718.22 lakh (primarily due to increase in inventories of ₹1,056.90 lakh)
  • Cash from Investing Activities: ₹123.92 lakh (mainly from withdrawal from partnership firm: ₹83.35 lakh)
  • Cash from Financing Activities: ₹537.37 lakh (from long-term borrowings: ₹129.66 lakh, short-term borrowings: ₹407.71 lakh)
  • Net Change in Cash: Decrease of ₹56.93 lakh
  • Cash at Beginning: ₹89.85 lakh
  • Cash at End: ₹32.92 lakh

Key Notes and Disclosures

Corporate Action

  • The Board of Directors, at its meeting held on September 5, 2026, approved a proposal to sub-divide 1 equity share of ₹10 face value into 5 equity shares of ₹2 face value each.
  • This sub-division is subject to approval of shareholders and other applicable regulatory authorities.
  • The sub-division will not result in any change in the total paid-up equity share capital of the Company.

Accounting Treatment

  • During the period, the Company revised the estimated cost of an ongoing project, resulting in adjustments to the valuation of closing stock and provision for income tax.
  • The net effect of these adjustments has resulted in total expenses for the period being reflected as a negative figure.

Segment Information

  • The Company operates in a single segment: Real Estate Activities as per Ind AS 108.

Additional Filings

  • Statement on Deviation or Variation for Proceeds of Public Issue: Not Applicable
  • Format for Disclosing Outstanding Default on Loans and Debt Securities: Not Applicable
  • Format for Disclosure of Related Party Transactions: Applicable
  • Statement on Impact of Audit Qualifications: Not Applicable