The Board of Directors of the Company at its meeting held today i.e., November 13, 2025 approved Unaudited Standalone Financial Results of the Company along with the Limited Review Report ....
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Lake Shore Realty's board approved unaudited standalone financial results for Q2 and H1 FY26 ended September 30, 2025. Total revenue fell sharply to Rs. 1.55 lakhs in Q2 FY26 from Rs. 45.59 lakhs in Q2 FY25, and H1 revenue dropped to Rs. 35.37 lakhs from Rs. 60.77 lakhs. The company swung to a Q2 loss of Rs. 9.89 lakhs versus a profit of Rs. 27.88 lakhs a year ago, though H1 FY26 still posted a small profit of Rs. 7.08 lakhs. The board also appointed Mr. Himanshu Joshi as CFO and Mr. Ankit Singh as Company Secretary & Compliance Officer, and approved shifting the registered office from Delhi to Maharashtra. Cash and bank balance declined to Rs. 689 lakhs from Rs. 1,894 lakhs at year-end, largely due to loans extended to subsidiaries (Rs. 1,260.93 lakhs). The auditor (PGS & Associates) issued an unqualified limited review report.
Sharp sequential revenue and profitability decline in Q2 FY26, including a quarterly loss, may concern shareholders. However, the company remains debt-free with strong cash reserves and net worth of Rs. 2,028 lakhs, and the leadership refresh plus registered office shift to Maharashtra could signal operational restructuring.