Outcome of board meeting held on July 14, 2025.
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Citadel Realty's board approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Standalone income from operations rose to Rs. 98.93 lakhs from Rs. 88.33 lakhs in Q1 FY25, a growth of about 12%. Net profit climbed to Rs. 39.60 lakhs from Rs. 31.00 lakhs, up roughly 28% year-on-year, with EPS at Rs. 0.48 vs Rs. 0.40. Consolidated net profit (after share of associate firm) stood at Rs. 40.60 lakhs vs Rs. 30.53 lakhs. The board also declared an interim dividend of Re. 0.50 per share (5% on face value of Rs. 10), with July 18, 2025 as record date and payment by August 4, 2025. Additionally, Mr. Raj Kukreja was appointed as Whole-Time Company Secretary & Compliance Officer, and Mr. Ashish Mehta as Internal Auditor for FY25-26.
Positive for shareholders - the company posted healthy double-digit profit growth despite flat-to-modest revenue increase, and rewarded investors with an interim dividend. The clean (unmodified) limited review report from auditors and key governance appointments reinforce operational continuity.