Board Meeting held on 14th February, 2026 to consider and approve the unaudited Standalone & Consolidated Financial Result for the quarter ended 31st December, 2025
Awaiting price reaction for this filing.
The board approved unaudited standalone and consolidated results for Q3 FY26 (quarter ended Dec 31, 2025) with a clean (unmodified) limited review report. On a standalone basis, revenue from operations was nil for the quarter (down from ₹40 lakhs a year ago), with total income of ₹50.19 lakhs and net profit of ₹19.87 lakhs (vs ₹104.76 lakhs in Q3 FY25). On a consolidated 9-month basis, the company swung to a net loss of ₹129.14 lakhs, compared to a profit of ₹53.58 lakhs in the same period last year, largely driven by project expenses at subsidiary Avishkar Keval Kunj Redevelopment. The board also cleared the acquisition of a 50% stake in Transcon Businesspark Private Limited and proposed raising the investment, loan, and guarantee limit to ₹100 crore under Section 186, subject to shareholder approval via postal ballot.
Zero operational revenue and a consolidated 9-month loss highlight weak core earnings, but the proposed Transcon Businesspark acquisition and ₹100 crore funding headroom signal an expansion push that could reshape the business — shareholders should watch for the postal ballot outcome and clarity on funding for the new stake.