Outcome of Board Meeting of the Company held on February 11, 2026
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The Board of Ansal Housing approved unaudited financial results (standalone and consolidated) for Q3 FY26 and 9M FY26, reviewed by statutory auditors Dewan P N Chopra & Co. Standalone revenue from operations fell to Rs 5,488.27 lakh in Q3 (down from Rs 7,559.32 lakh YoY) and Rs 22,464.25 lakh for 9M (down 15% from Rs 26,494.48 lakh YoY). Standalone Q3 PAT came in at Rs 167.31 lakh profit vs a small loss in Q3 FY25, while 9M PAT was Rs 359.09 lakh (vs Rs 3,400.77 lakh, though prior year included a one-time Rs 11,329 lakh gain from debt restructuring). On a consolidated basis, the company swung to a loss of Rs 884.51 lakh for 9M vs a profit of Rs 3,618.56 lakh last year. The auditor flagged four emphasis-of-matter issues, including disputes with collaborator Samyak Projects (Rs 5,795 lakh receivable), pending court cases, recoverability of land advances, and unreconciled party balances. Exceptional items in the quarter were provisions of Rs 104.13 lakh for litigation matters.
Revenue contraction and a swing to consolidated losses signal continued operational stress, though multiple pending legal disputes and unrecovered advances remain key overhangs. Investors should watch progress on the Samyak Projects recovery and litigation outcomes, which carry material risk.