Detailed Summary
Board Meeting Details
The Board of Directors meeting commenced at 02:30 pm and concluded at 04:45 pm on August 06, 2026.
Key Decisions and Approvals
1. Financial Results Approval: The Board approved the Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026. The results were reviewed by the audit committee and include a Limited Review Report from the statutory auditor, P.L. Tandon & Co.
2. Management Appointment: The Board appointed Mr. Bal Krishna Misra (DIN: 02125239) as an Additional Director and Whole-time Director designated as Executive Director. The appointment is for a term of 5 (five) years with immediate effect and is subject to ratification by the company's members in the ensuing Annual General Meeting.
Standalone Financial Results (Q1 FY27)
Profit & Loss Statement (Figures in ₹ Lakh, unless specified)
- Total Income: ₹594 Lakh (Q1 FY27) vs. ₹440 Lakh (Q4 FY26) and ₹858 Lakh (Q1 FY26).
- Revenue from Operations: ₹460 Lakh
- Other Income: ₹134 Lakh
- Total Expenses: ₹422 Lakh
- Profit Before Tax (PBT): ₹172 Lakh
- Tax Expense: ₹38 Lakh
- Net Profit for the Period: ₹134 Lakh
- Earnings Per Share (EPS) (Basic & Diluted): ₹5.17 (not annualized)
Segment-Wise Performance (Standalone)
- Real Estate Segment: Revenue of ₹460 Lakh; Segment Result of ₹213 Lakh.
- Information Technology Segment: Revenue was nil for the quarter; Segment Result was nil.
Balance Sheet Highlights (Standalone)
- Paid-up Equity Share Capital: ₹259 Lakh (Face value ₹10)
- Other Equity (excluding Revaluation Reserve): ₹9,235 Lakh (as of March 31, 2026)
Consolidated Financial Results (Q1 FY27)
Profit & Loss Statement (Figures in ₹ Lakh, unless specified)
- Total Income: ₹695 Lakh
- Revenue from Operations: ₹560 Lakh, comprising:
- Real Estate: ₹460 Lakh
- IT Sector Products: ₹0 Lakh
- Jobwork (Biscuit Manufacturing): ₹100 Lakh
- Other Income: ₹135 Lakh
- Total Expenses: ₹524 Lakh
- Profit Before Tax (PBT): ₹171 Lakh
- Tax Expense: ₹38 Lakh
- Net Profit for the Period: ₹133 Lakh
- Earnings Per Share (EPS) (Basic & Diluted): ₹5.14 (not annualized)
Auditor's Review
P.L. Tandon & Co., Chartered Accountants (FRN: 000186C), represented by Partner Girish Kumar Mittal (M. No. 511729), issued an unqualified review conclusion. Based on their review, nothing has come to their attention to believe that the standalone and consolidated financial results are not prepared in accordance with Ind AS 34 and contain no material misstatement. The review was conducted under SRE 2410.
Important Notes to Accounts
1. Revenue from operations (standalone) includes ₹35 Lakh withdrawn from capital reserve on revaluation of land upon sale deed of flats executed during the quarter.
2. Segment reporting is based on operating segments as reviewed by the company's chief operating decision maker.
3. Revenue is recognized on a completed contract method for accounting, but provision for income tax is made using the percentage of completion method.
4. Previous period figures have been regrouped/recasted/restated where necessary.