We wish to inform you that the Board of Directors of our Company have, at their meeting held on 1ST AUGUST 2025, approved / taken on record the following: 1. The Un-Audited Financial ....
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Narendra Properties Ltd's Board, at its August 1, 2025 meeting, approved the standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Total income surged to Rs. 355.58 lakhs from just Rs. 32.93 lakhs in the same quarter last year, driven by Rs. 275.20 lakhs in revenue from operations (nil in Q1 FY25) and Rs. 80.38 lakhs in other income. The company swung to a net profit after tax of Rs. 77.21 lakhs (EPS of Rs. 1.086), compared to a loss of Rs. 6.87 lakhs (negative EPS of Rs. 0.097) in Q1 FY25. Statutory auditors Sanjiv Shah & Associates LLP issued a clean limited review report with no qualifications. The Board also approved the notice for the 30th AGM on September 29, 2025, and appointed a scrutiniser for e-voting.
A strong year-on-year turnaround from a small loss to a Rs. 77 lakh profit, backed by a clean audit review, is a positive signal for shareholders. The shift into meaningful operational revenue suggests improving business activity, though investors should note that sequential revenue from operations dipped from Rs. 366.64 lakhs in Q4 FY25.