Board Meeting Details

The Board of Directors meeting was held on October 24, 2026, commencing at 12:30 PM IST and concluding at 1:05 PM IST at the company's registered office in Chennai.

Key Board Approvals

1. Approved the Unaudited Financial Results (Standalone and Consolidated) along with Limited Review Reports for the quarter and half year ended September 30, 2026, pursuant to Regulation 33 of SEBI LODR Regulations, 2015.

2. Took on record the appeal by the Government of Karnataka in the Hon'ble High Court of Karnataka regarding the company's case for additional compensation pertaining to compulsory acquisition of land, which was disposed of by the High Court in favor of the company.

3. Appointed Sri. K. Vijayasarathi as CFO of the Company with effect from October 26, 2026.

Financial Results Summary

Standalone Performance (Amount in ₹ lakh)

Quarter Ended September 30, 2026:

  • Revenue from Operations: 35.82
  • Other Income: 88.30
  • Total Income: 124.12
  • Total Expenses: 187.65
  • Loss before tax: (63.53)
  • Loss after tax: (63.53)
  • EPS: (0.35)

Half Year Ended September 30, 2026:

  • Revenue from Operations: 85.12
  • Other Income: 176.31
  • Total Income: 261.43
  • Total Expenses: 378.00
  • Loss before tax: (116.57)
  • Loss after tax: (116.57)
  • EPS: (0.64)

Consolidated Performance (Amount in ₹ lakh)

Quarter Ended September 30, 2026:

  • Revenue from Operations: 62.23
  • Other Income: 1,133.55
  • Total Income: 1,195.78
  • Total Expenses: 902.86
  • Profit before tax: 292.92
  • Profit after tax: 149.33
  • EPS: 0.83

Half Year Ended September 30, 2026:

  • Revenue from Operations: 136.33
  • Other Income: 1,297.55
  • Total Income: 1,433.88
  • Total Expenses: 455.07
  • Profit before tax: 978.81
  • Profit after tax: 631.37
  • EPS: 3.49

Key Financial Metrics

Standalone Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹6,835.06 lakh
  • Equity Share Capital: ₹904.15 lakh
  • Other Equity: ₹5,621.34 lakh
  • Total Equity: ₹6,525.49 lakh

Consolidated Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹6,882.66 lakh
  • Equity Share Capital: ₹904.15 lakh
  • Other Equity: ₹5,307.70 lakh
  • Total Equity: ₹6,211.85 lakh

Segment Information

The company operates only in one segment: Real Estate Development activities.

Legal Matter

The appeal by the Government of Karnataka in the Hon'ble High Court of Karnataka regarding the company's case for additional compensation pertaining to compulsory acquisition of land was disposed of by the High Court in favor of the company.

Auditor Review

The financial results were reviewed by Senthil Kumar & Sundararajan, Chartered Accountants, who issued an unmodified review conclusion. The review report notes that the statement includes financial results of subsidiary S V Global Finance Private Ltd (total revenue of ₹1,325.20 lakh, net profit of ₹744.97 lakh) and associate The Adyar Property Holdings Company Private Ltd (share of net profit of ₹2.96 lakh) which have not been reviewed/audited.