to consider and approve unaudited Financial Results for the quarter ended on 30th June 2025
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The Board of Advance Lifestyles Ltd, at its meeting on August 6, 2025, approved unaudited financial results for the quarter ended June 30, 2025. Total income for Q1 FY26 came in at Rs. 8,754.60 thousand (up marginally from Rs. 8,708.09 thousand in Q1 FY25), with the entire amount coming from 'other income' as no revenue from operations was reported. Profit after tax stood at Rs. 1,230.42 thousand, sharply lower than Rs. 2,652.22 thousand in Q1 FY25, while basic and diluted EPS dropped to Rs. 0.20 from Rs. 0.43. The company noted that Q1 FY25 (June 30, 2024) figures included a one-time gain of Rs. 11,620.98 thousand from the sale of an investment property under a settlement agreement dated May 2, 2024, which largely explains the year-on-year decline. Auditors Piyush J. Shah & Co. issued an unmodified limited review opinion. The Board also approved the 36th AGM for September 18, 2025, and reappointed Mr. Pradeep Kushwah as Internal Auditor for 5 years (FY26–FY30).
The headline PAT drop reflects the absence of a Rs. 11.6 lakh one-time property sale gain that had inflated Q1 FY25, rather than a deterioration in core operations. With operating revenue near nil and both business segments (textiles and real estate) classified as non-reportable, the company appears to be in a wind-down phase post the property disposal, leaving limited earnings visibility for shareholders.