Q1FY27: Revenue plunges about 95% YoY, auditor flags qualified view
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.4 pts less than Nifty Microcap 250 and 7.1 pts less than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Croissance posted Q1FY27 standalone revenue from operations of Rs 3.24 lakh versus Rs 60.68 lakh in Q1FY26, a sharp about 95% drop. Total income was Rs 12.29 lakh; standalone PAT Rs 0.66 lakh vs Rs 5.43 lakh earlier. Board approved a new brand 'Croissance Realty' for its real estate arm and will file trademarks. Auditor YCRJ issued a qualified opinion on both standalone and consolidated results, flagging Rs 9.05 lakh of other income without supporting documents and noting subsidiary Delicieux Restaurants financials were not auditor-reviewed.
Sharp revenue fall and qualified audit opinion may hurt investor confidence, partly offset by new real estate brand push.