Country Condo's Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
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Awaiting price reaction for this filing.
Country Condo's Limited's Board, at its meeting on February 13, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025, reviewed by auditor P. Murali & Co. with a clean (unqualified) review report. Revenue from operations for Q3 FY26 stood at ₹442.89 lakhs, down from ₹489.96 lakhs in Q3 FY25 (a ~9.6% YoY decline), while 9-month revenue was ₹1,380.76 lakhs versus ₹1,409.09 lakhs last year. Net profit for Q3 was ₹7.03 lakhs (vs ₹15.34 lakhs YoY) and ₹41.49 lakhs for 9 months (vs ₹50.88 lakhs YoY), reflecting pressure on profitability. The Board also gave in-principle approval for the merger of Amrutha Estate Pvt Ltd (AEPL) with the Company, initiating due diligence and appointing valuers and merchant bankers, though no formal scheme has been finalized yet.
The year-on-year decline in both revenue and profit is a mild negative signal, while the proposed merger with AEPL could be a medium-term positive if it strengthens the real estate portfolio. Investors should watch for the formal merger scheme details and its impact on consolidated financials.