SSPDL Limited submitted its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY2026) to BSE Limited in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 13, 2026. The board meeting commenced at 12:05 PM and concluded at 1:07 PM. The statutory auditors, Karvy & Co, issued a limited review report on both the standalone and consolidated results, stating that nothing came to their attention to believe the statements contain any material misstatement.
Standalone Financial Results (₹ Lakhs)
For the Quarter Ended June 30, 2026 (Unaudited):
- Revenue from Operations: ₹162.28
- Other Income: ₹572.84
- Total Revenue: ₹735.12
- Total Expenses: ₹777.83
- Loss before tax and exceptional items: ₹(42.71)
- Tax Expense: ₹0.00
- Net Loss for the period: ₹(42.71)
- Paid-up equity share capital: ₹1,292.93 (Face value ₹10 per share)
- Basic & Diluted EPS: ₹(0.33)
For the Quarter Ended March 31, 2026 (Unaudited):
- Revenue from Operations: ₹1,431.11
- Other Income: ₹16.52
- Total Revenue: ₹1,447.63
- Total Expenses: ₹868.40
- Profit before tax and exceptional items: ₹1,135.55
- Tax Expense: ₹552.01 (Income Tax for Earlier Years)
- Net Profit for the period: ₹583.54
- Basic & Diluted EPS: ₹4.51
For the Year Ended March 31, 2026 (Audited):
- Net Profit for the year: ₹1,160.08
Consolidated Financial Results (₹ Lakhs)
For the Quarter Ended June 30, 2026 (Unaudited):
- Total Comprehensive Income for the period: ₹(42.77)
- Net Loss attributable to owners: ₹(42.77)
- Paid-up equity share capital: ₹1,292.93
- Basic & Diluted EPS from continuing operations: ₹(0.33)
For the Quarter Ended March 31, 2026 (Unaudited):
- Total Comprehensive Income for the period: ₹173.48
- Net Profit attributable to owners: ₹173.48
- Basic & Diluted EPS from continuing operations: ₹1.34
Notes to the Financial Results
1. The company operates in a single segment: Property Development. Separate segment reporting as per IND AS 108 is not required.
2. The company had previously sold a real estate project to Alpha City Chennai IT Park Projects Private Limited and recognized receivables. Due to non-payment, the company repossessed the project area in settlement of the outstanding receivable during the previous year.
3. During the current quarter (Q1 FY2026), the company recognized ₹1.34 Crores from the sale of the remaining portion of this repossessed area.
4. The figures for the quarter ended March 31, 2026, are the balancing figures between the audited figures for the full financial year and the figures for the first three quarters.
5. Figures for previous periods have been regrouped and/or reclassified where necessary.
The document was signed by Prakash Challa, Chairman and Managing Director (DIN: 02257638).