Financial Results Overview

The Board of Directors meeting held on November 5, 2026, approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.

Standalone Financial Performance (₹ in lakhs):

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹338.13
  • Other Income: ₹936.52
  • Total Income: ₹1,274.65
  • Total Expenses: ₹583.58
  • Profit Before Tax: ₹691.07
  • Tax Expense: ₹163.10
  • Net Profit After Tax: ₹527.97
  • Basic EPS: ₹0.41
  • Diluted EPS: ₹0.41

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹563.64
  • Other Income: ₹1,374.56
  • Total Income: ₹1,938.20
  • Total Expenses: ₹1,089.74
  • Profit Before Tax: ₹848.46
  • Tax Expense: ₹200.79
  • Net Profit After Tax: ₹647.67
  • Basic EPS: ₹0.51
  • Diluted EPS: ₹0.51

Consolidated Financial Performance (₹ in lakhs):

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹477.25
  • Other Income: ₹982.93
  • Total Income: ₹1,460.18
  • Total Expenses: ₹720.73
  • Profit Before Tax: ₹768.61
  • Tax Expense: ₹182.21
  • Net Profit After Tax: ₹586.40
  • Basic EPS: ₹0.45
  • Diluted EPS: ₹0.45

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹838.44
  • Other Income: ₹1,454.97
  • Total Income: ₹2,293.41
  • Total Expenses: ₹1,363.70
  • Profit Before Tax: ₹999.00
  • Tax Expense: ₹250.58
  • Net Profit After Tax: ₹748.42
  • Basic EPS: ₹0.57
  • Diluted EPS: ₹0.57

Segment-wise Performance

Revenue Breakdown (Consolidated, ₹ in lakhs):

Quarter Ended September 30, 2026:

  • Real Estate: ₹185.72
  • Mini Hydro: ₹160.66
  • Job Work Services: ₹148.78
  • Total Segment Revenue: ₹495.16
  • Less: Inter Segment Revenue: ₹(17.91)
  • Net Revenue from Operations: ₹477.25

Half Year Ended September 30, 2026:

  • Real Estate: ₹371.43
  • Mini Hydro: ₹208.71
  • Job Work Services: ₹294.47
  • Total Segment Revenue: ₹874.61
  • Less: Inter Segment Revenue: ₹(36.17)
  • Net Revenue from Operations: ₹838.44

Segment Results (Consolidated, ₹ in lakhs):

Quarter Ended September 30, 2026:

  • Real Estate PBIT: ₹263.58
  • Mini Hydro PBIT: ₹61.21
  • Job Work Services PBIT: ₹1.74
  • Other-Unallocated: ₹425.29
  • Total PBIT: ₹751.82

Associate Company Performance

  • Share in Profit/(Loss) after tax from Associates: ₹29.16 lakhs (Q2 FY27), ₹69.29 lakhs (H1 FY27)

Assets and Liabilities Position (Consolidated)

As at September 30, 2026 (₹ in lakhs):

  • Total Assets: ₹1,86,714.34
  • Non-current Assets: ₹1,53,627.69
  • Current Assets: ₹33,086.65
  • Total Equity: ₹1,52,716.52
  • Non-current Liabilities: ₹15,323.05
  • Current Liabilities: ₹18,674.77

Cash Flow Statement (Consolidated)

Half Year Ended September 30, 2026 (₹ in lakhs):

  • Net Cash from Operating Activities: ₹1,119.60
  • Net Cash used in Investing Activities: ₹(779.11)
  • Net Cash used in Financing Activities: ₹(384.63)
  • Net Decrease in Cash: ₹(44.14)

Management Appointment

The Board approved the appointment of Ms. Priti Todi (Membership No. A33367) as Company Secretary & Compliance Officer effective November 5, 2026. The appointment details comply with SEBI (LODR) Regulations, 2015 and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Auditor Review

The financial results were reviewed by the statutory auditors L. B. Jha & Co. LLP who issued limited review reports with unmodified opinion for both standalone and consolidated results dated November 5, 2026.

Meeting Details

The Board meeting commenced at 3:00 PM and concluded at 4:40 PM on November 5, 2026.