Financial Results Approval

The Board approved the Un-audited Standalone and Consolidated Financial Results of the Company for the first quarter and three months ended June 30, 2026, along with the Limited review report of the Statutory Auditors.

Standalone Financial Results (Amount in lakhs)

  • Total Income: ₹11,083.96
  • Total Expenses: ₹10,880.09
  • Cost of Projects: ₹2,561.48
  • Changes in Inventories: ₹60.93
  • Employee Benefits Expenses: ₹39.18
  • Finance Costs: ₹4.66
  • Depreciation and Amortisation Expenses: ₹56.40
  • Other Expenses: ₹8,479.79
  • Profit Before Tax: ₹2,604.17
  • Tax Expense: ₹674.00
  • Profit for the Period: ₹1,930.17
  • Earnings Per Share (Basic and Diluted): ₹4.78
  • Paid-up Equity Share Capital: ₹4,040.10 (Face Value ₹10 per share)
  • Other Equity: ₹10,905.23

Consolidated Financial Results (Amount in lakhs)

  • Total Income: ₹13,662.99
  • Revenue From Operations: ₹13,357.95
  • Other income: ₹305.04
  • Total Expenses: ₹10,958.83
  • Cost of Project: ₹13,691.53
  • Changes in Inventories: (₹2,931.81)
  • Employee Benefits Expense: ₹94.07
  • Finance Costs: ₹39.18
  • Depreciation and Amortisation Expenses: ₹5.89
  • Other Expenses: ₹59.97
  • Profit Before Tax: ₹2,704.16
  • Tax Expense: ₹776.14
  • Profit for the Period Attributable to Owners: ₹1,930.17
  • Earnings Per Share (Basic and Diluted): ₹4.78

Partnership and LLP Investments

  • Approved becoming a partner in partnership firm "Shraddha City Spaces" by acquiring 75% stake.
  • Approved becoming a Designated Partner in proposed LLP "Shraddha Athon LLP" (or other MCA-approved name) by acquiring 51% stake.

Corporate Approvals Subject to Shareholder Approval

  • Approved increase in Borrowing Powers under Section 180(1)(c) of Companies Act, 2013.
  • Approved authority for creation of Security on Properties of the Company (present and future) in favour of Lenders under Section 180(1)(a).
  • Approved proposal for entering into Material Non Material Related Party Transactions.

Operational Updates

  • Approved establishment of corporate office at Manisha Heights Commercial Complex, Back Side, Bal Rajeshwar Marg, Bhatwadi, Vaishali Nagar, Mulund (West), Mumbai – 400080.
  • The 34th Annual General Meeting will be convened on Monday, 28th September 2026.
  • Book Closure fixed from Tuesday, 22 September 2026 to Monday 28 September 2026 (both days inclusive).
  • Approved Board's Report along with annexures for year ended 31st March, 2026.
  • Approved notice of the 34th Annual General Meeting.

Auditor Appointment

  • Appointed M/s JOSHI APTE & ASSOCIATES as Cost Auditor for Financial Year 2026-2027 effective from 01.04.2026 to 31.03.2027.

Additional Notes from Financial Statements

  • The company operates in one reportable segment: Real estate development and related construction activities.
  • Other income includes interest income of ₹304.98 lakhs and share in profit/(loss) from subsidiary LLPs and firm, and associates amounting to ₹7.16 lakhs.
  • Holding Company entered arrangement to retire as partner from subsidiary Aajprav Developers LLP effective June 5, 2026.
  • Holding Company entered Joint Development Agreement with Aajprav Developers LLP for development of Uttar Bhartiva property in Mulund (E).
  • Company entered partnership firm agreement on 07th August, 2026 as partner in Shraddha City Spaces with 75% profit sharing ratio.
  • Company is in initial stages of selling PTC units from Project "Shree Ganeshkrupa SRA CHS" to subsidiary M/s Shree Krishna Raul Developers under SRA clubbing scheme (area approx 4,132.95 SQ MT).

Meeting Details

  • Board Meeting commenced at 3:55 PM and concluded at 5:15 PM on August 13, 2026.
  • Results available on BSE website and company website.