Emami Realty Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
EMAMIREAL · price
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Emami Realty's Board, at its meeting on August 12, 2025, approved the unaudited Q1 FY26 (quarter ended June 30, 2025) financial results with an unmodified auditor opinion. Standalone revenue from operations rose to ₹584.85 lakhs from ₹445.02 lakhs a year ago, but the company swung to a much wider loss of ₹5,078.65 lakhs versus ₹1,399.72 lakhs in Q1 FY25, mainly due to a ₹5 crore impairment provision on loans and elevated finance costs of ₹2,311 lakhs. The Board also appointed M/s V.K. Jain & Co as Cost Auditors for FY25-26, approved voluntary delisting of equity shares from the Calcutta Stock Exchange, and fixed September 24, 2025 as the date for the 17th AGM via video conferencing. Paid-up equity capital rose to ₹876.68 lakhs following a preferential allotment of shares and warrants to promoter group entities in April 2025.
Sharp widening of losses and a ₹5 crore loan impairment are negative for near-term sentiment, even as operating revenue grew ~31% YoY. Voluntary delisting from the Calcutta Stock Exchange is largely administrative and unlikely to affect NSE/BSE liquidity, while promoter-led preferential allotment signals continued promoter support.