Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MPDL Ltd reported its Q1 FY26 results with revenue from operations of Rs 405.21 lacs on a standalone basis, a sharp jump from Rs 16.23 lacs in Q1 FY25 (over 2,400% YoY growth), driven by construction activity at its M-1 Tower project in Faridabad. However, total expenses surged to Rs 570.33 lacs, leading to a standalone loss after tax of Rs 103.79 lacs, wider than the Rs 24.02 lacs loss a year ago. On a consolidated basis (including associate Cambridge Construction), the loss widened to Rs 151.23 lacs versus Rs 54.50 lacs in Q1 FY25, with EPS of Rs (2.04). The auditor issued a clean limited review report, though it noted the associate's financials were based on unaudited management accounts.
Despite a big jump in topline from the real estate project's percentage-of-completion accounting, the company remains firmly in the red with widening losses, which is a negative signal for shareholders. The contrast between soaring revenue and growing losses suggests cost overruns or margin pressure at the M-1 Tower project.