Financial Results Summary (Quarter Ended 30.09.2026)

  • Total Income: ₹54.57 lakh (consisting of Revenue from Operations: ₹50.19 lakh and Other Income: ₹4.38 lakh)
  • Total Expenses: ₹49.55 lakh (consisting of Employee benefits expenses: ₹23.62 lakh, Finance cost: ₹8.70 lakh, and Other Expenses: ₹0.23 lakh)
  • Profit/(Loss) before tax: ₹5.02 lakh
  • Total Tax Expense: Nil
  • Profit/(Loss) for the period: ₹5.02 lakh
  • Other Comprehensive Income: ₹0.03 lakh
  • Total Comprehensive Income: ₹5.05 lakh
  • Earnings per share (Basic & Diluted): ₹0.01

Financial Results Summary (Half Year Ended 30.09.2026)

  • Total Income: ₹57.69 lakh
  • Total Expenses: ₹80.79 lakh
  • Profit/(Loss) before tax: (₹23.10) lakh
  • Total Tax Expense: Nil
  • Profit/(Loss) for the period: (₹23.10) lakh
  • Other Comprehensive Income: ₹0.30 lakh
  • Total Comprehensive Income: (₹22.81) lakh
  • Earnings per share (Basic & Diluted): (₹0.06)

Comparative Figures

Quarter Ended 30.06.2026:

  • Total Income: ₹3.12 lakh
  • Profit/(Loss) for the period: (₹28.12) lakh
  • EPS: (₹0.07)

Quarter Ended 30.09.2025:

  • Total Income: ₹77.41 lakh
  • Profit/(Loss) for the period: (₹22.88) lakh
  • EPS: (₹0.06)

Half Year Ended 30.09.2025:

  • Total Income: ₹138.58 lakh
  • Profit/(Loss) for the period: (₹57.28) lakh
  • EPS: (₹0.14)

Year Ended 31.03.2026 (Audited):

  • Total Income: ₹220.24 lakh
  • Profit/(Loss) for the period: (₹106.38) lakh
  • EPS: (₹0.26)

Capital Structure

  • Paid-up Equity Share Capital: ₹402.24 lakh (Face Value Re 1/- each) remained unchanged across all periods
  • Reserves (as per previous accounting year balance sheet): ₹1,942.49 lakh

Assets and Liabilities Position (as at 30.09.2026)

  • Total Assets: ₹2,536.73 lakh
  • Non-Current Assets: ₹331.64 lakh (including Investment Property: ₹6.63 lakh, Deferred tax assets: ₹301.00 lakh)
  • Current Assets: ₹2,205.09 lakh (including Inventories: ₹1,605.38 lakh, Bank balances: ₹235.14 lakh, Cash and cash equivalents: ₹34.90 lakh)
  • Total Equity: ₹2,321.93 lakh
  • Total Liabilities: ₹214.80 lakh
  • Non-Current Liabilities: ₹110.99 lakh
  • Current Liabilities: ₹103.81 lakh

Cash Flow Statement (Half Year Ended 30.09.2026)

  • Net Cash flow from operating activities: (₹105.53) lakh
  • Net Cash flow from investing activities: ₹5.42 lakh
  • Net Cash flow from financing activities: Nil
  • Net decrease in cash and cash equivalents: (₹100.11) lakh
  • Cash and cash equivalents at period end: ₹270.04 lakh

Business Segment Information

The company is primarily engaged in Real Estate business and has only one reportable segment.

Operational Highlight

The company is unable to launch the next phase of development at Ghatkopar since 2011 as the matter is pending in the Supreme Court.

Auditor's Review

S G D G & Associates LLP, Chartered Accountants (FRN: W100188), reviewed the financial results and issued an unqualified report stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Governance

The results were reviewed by the Audit Committee and approved by the Board of Directors. The signatory to the results is Poult Dave, Whole-time Director (DIN: 01448S3G).