Indiabulls Enterprises Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
Indiabulls Enterprises Limited announced its Q1 FY26 (quarter ended June 30, 2025) results. On a consolidated basis, revenue from operations stood at Rs. 13.16 crores (vs Rs. 13.42 crores in Q1 FY25), a slight decline. The company reported a net loss of Rs. 5.73 crores, wider than the Rs. 3.39 crore loss a year ago, with loss per share at Rs. 0.29. Standalone revenue dropped about 20% to Rs. 10.68 crores, though standalone net loss narrowed to Rs. 3.08 crores from Rs. 5.18 crores. The auditor (M/s Agarwal Prakash & Co.) issued an unmodified limited review report with no qualifications. The board also accepted the resignation of Whole-Time Director Mr. Vijay Kumar Agrawal (personal reasons) and recommended Mr. Riyaz Javed Khan as the new Executive Director for five years. M/s Sukesh & Co. was recommended as Secretarial Auditor for three years.
Losses are widening on a consolidated basis despite revenue remaining roughly flat, indicating continued pressure on profitability. Shareholders should note the negative other equity of Rs. 230.85 crores and pending NCLT amalgamation scheme that could materially reshape the company. Near-term stock sentiment may be subdued given the persistent losses.