3P Land Holdings Limited has informed the Exchange regarding Board meeting held on May 10, 2025.
3PLAND · price
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Awaiting price reaction for this filing.
The Board of 3P Land Holdings approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. Total revenue from operations grew about 26% year-on-year to ₹447.26 lakhs (from ₹355.76 lakhs), driven by higher investment income (₹262.61 lakhs vs ₹233.61 lakhs) and service income. Profit after tax rose roughly 16% to ₹209.02 lakhs (from ₹180.79 lakhs), translating to an EPS of ₹1.16 (vs ₹1.00). Employee costs jumped about 80% to ₹133.82 lakhs, which pushed total expenses up sharply and compressed operating margins. The Board did not recommend any dividend for FY25. Mr. Romie Shivhari Halan was re-appointed as Non-Executive Independent Director for a second 5-year term, and M/s Parikh & Associates was appointed as Secretarial Auditor for FY26–FY30. Statutory auditor J M Agrawal & Co. issued an unmodified opinion on the financial results.
Investors get cleaner results with a clean audit opinion, no dividend, and double-digit profit growth, but the steep rise in employee costs and the large negative fair-value swing in equity investments (reflected in OCI) are points to watch. The stock price reaction may be muted given the absence of a dividend and the margin pressure, even as the investment portfolio continues to grow the balance sheet.