This is to inform you that the Board of Directors of the Company, at its meeting held today, i.e. February 13, 2025, has considered, approved and took on record the Unaudited Financial ....
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The Board approved unaudited financial results for Q3 FY26 (quarter ended 31/12/2025) and 9M FY26. Revenue from operations for the quarter jumped sharply to Rs 173.13 lakhs from just Rs 19.09 lakhs in the same quarter last year. Total income for the quarter was Rs 182.68 lakhs versus Rs 21.67 lakhs YoY. Net profit for the quarter was Rs 86.88 lakhs versus Rs 2.31 lakhs in the year-ago quarter. For the 9-month period, revenue rose to Rs 188.55 lakhs from Rs 59.41 lakhs, while PAT increased to Rs 90.47 lakhs from Rs 4.06 lakhs. The company reports two segments — Real Estate and Financing — with Real Estate driving most of the quarter's revenue. The statutory auditors (M/s Manish Goyal & Co) issued a clean Limited Review Report with no qualifications.
Dramatic YoY recovery in both revenue and profit indicates a strong turnaround, which is positive for shareholders. The clean auditor review (no qualifications) adds credibility, though investors should note the small base makes percentage gains less meaningful and the prior-year performance was unusually weak.