The Board considered and approved the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026, and took on record the Limited Review Report issued by the company's statutory auditors, M/s. B. L. Dasharda & Associates, Chartered Accountants (FRN 112615W).

Financial Results for Q1 FY27 (Quarter ended June 30, 2026)

Income Statement (₹ in lakhs):

  • Revenue from operations (Net): - (Nil)
  • Net Gain On Fair Value Changes: 2.73
  • Other Income: 77.03
  • Total Income: 79.76

Expenses (₹ in lakhs):

  • Employee benefits expense: 2.78
  • Other expenses: 4.67
  • Total Expenses: 7.45

Profitability (₹ in lakhs):

  • Profit before tax: 72.31
  • Tax Expenses: 18.54 (Current tax: 18.20, Deferred tax: 0.34)
  • Profit for the period: 53.77
  • Other Comprehensive Income/(Loss), net of tax: 3,139.01
  • Total comprehensive income for the period: 3,192.78

Comparative Figures:

  • Q1 FY26 (June 30, 2025) Net Loss: ₹(3.35) lakh
  • Q4 FY26 (March 31, 2026) Net Profit: ₹204.52 lakh
  • FY26 (March 31, 2026) Net Profit: ₹642.27 lakh

Earnings Per Share (Face Value of ₹10 each):

  • Basic EPS: ₹4.48
  • Diluted EPS: ₹4.48

Capital Structure:

  • Paid Up Equity Share Capital: ₹120.00 lakh (unchanged from previous periods)

Auditor's Review Report

B. L. Dasharda & Associates conducted a limited review of the quarterly unaudited standalone financial results pursuant to Regulation 33 of SEBI LODR Regulations. The review was performed in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.

The auditors concluded that nothing has come to their attention that causes them to believe that the statement has not disclosed the information required to be disclosed or that it contains any material misstatement. The review report was signed by CA Sushant Mehta, Partner (Membership No.: 112489), with UDIN No: 26112489DDTWBL8874.

Additional Information

  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS 34)
  • The results were reviewed by the Audit Committee and approved by the Board of Directors
  • The company operates in a single segment only
  • Figures have been re-grouped/reworked/re-arranged wherever necessary for comparability
  • The results are available on the company's website (www.sheratonproperties.in) and BSE website (www.bseindia.com)