Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, this is to inform that the Board of Directors of the Company, at its meeting held ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved standalone and consolidated unaudited financial results for Q3 FY26 (Oct–Dec 2025) and noted a Limited Review Report that is qualified by the auditors. Standalone Q3 revenue fell about 21% year-on-year to Rs. 3,018.20 lakhs, with a sharp drop in net profit to Rs. 7.69 lakhs from Rs. 41.05 lakhs; for the nine months, revenue rose modestly to Rs. 12,209.90 lakhs and net profit to Rs. 218.57 lakhs. The company booked a Rs. 295.51 lakhs exceptional expense due to the new Labour Codes, classified as non-recurring. The auditors flagged concerns over the recoverability of a Rs. 701.48 lakhs loan to subsidiary Accel Media Ventures and a Rs. 314.97 lakhs gap between carrying value and fair value of its stake in associate Secureinteli Technologies. The Board also approved the Accel Infinium 2 IT park project — about 5 lakh sq. ft. of premium office space adjacent to Infinium 1, Rs. 250 crore investment, targeted completion by Q2 FY29 — and noted strong leasing progress at Infinium 1 with full occupancy expected by June 2026.
Shareholders should note the qualified auditor review and weak quarterly profitability, partly due to a one-off Labour Codes charge, which may weigh on sentiment. On the positive side, the Rs. 250 crore Infinium 2 expansion signals aggressive growth in the Realty division and could boost future leasing income if demand holds.