Outcome of Board meeting held on 29/07/2025 to consider and approve the unaudited Financial Results for the quarter ended 30th June 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Martin Burn Limited's board approved unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations collapsed to just Rs 0.15 lakh, down sharply from Rs 17.95 lakh in the year-ago quarter, as the company's real estate sales activity nearly dried up. Total income for the quarter was Rs 180 lakh, of which Rs 179.55 lakh came from other operating income (essentially rental income from property). Profit before tax fell to Rs 62.91 lakh (from Rs 515.39 lakh in Q1 FY25), with PAT at Rs 30.33 lakh and EPS of Rs 0.93, compared to Rs 430.88 lakh and Rs 18.51 respectively a year earlier. The debt-to-equity ratio improved to 0.31 (from 0.54), reflecting lower long-term debt of Rs 1,766 lakh against equity of Rs 5,716 lakh. The company flagged that one promoter's shares are pledged/encumbered.
A near-total wipeout of real estate revenue and a ~93% year-on-year fall in profit point to a sharp business slowdown, with the company now reliant on rental income to stay marginally profitable. The disclosure of pledged promoter shares is a risk signal worth watching closely.