Board approves September quarter results with sharply lower revenue and profit
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On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 0.7 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board approved unaudited results for the quarter ended 30 September 2026. Revenue from operations fell to Rs 19.74 lakh from Rs 42.87 lakh a year earlier, while net profit declined to Rs 8.85 lakh from Rs 22.29 lakh. For the half year, revenue was Rs 39.25 lakh versus Rs 420.97 lakh and net profit was Rs 19.11 lakh versus Rs 231.28 lakh. Operating cash flow was negative Rs 37.16 lakh. The review found no material misstatement.
Weak revenue, lower profit and negative operating cash flow point to weakness and may pressure the stock, though the company remains profitable.