We wish to inform you that the Board of Directors of our Company have, at their meeting held on 11TH NOVEMBER 2025, approved / taken on record the following: 1. The Un-Audited Financial ....
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Awaiting price reaction for this filing.
On November 11, 2025, the board of Narendra Properties Ltd approved the standalone unaudited financial results for Q2 FY26 (quarter ended September 30, 2025), reviewed by statutory auditors Sanjiv Shah & Associates LLP with an unqualified review report. For the quarter, revenue from operations dropped to zero from ₹369.45 lakh a year ago, while the company reported a net profit of ₹40.26 lakh (down ~29% YoY) cushioned by a sharp rise in other income to ₹75.23 lakh. For the half year (H1 FY26), net profit more than doubled to ₹117.47 lakh versus ₹49.79 lakh, with EPS at ₹1.65. The balance sheet stays nearly debt-free with cash and equivalents surging to ₹486.91 lakh (from ₹18.43 lakh), and loans given rising to ₹1,710 lakh. The board also approved a related party transaction with Ankur Foundation Private Limited for property leasing and appointed Mr. Rishabh Haran as the new Company Secretary and Compliance Officer.
The zero operational revenue in Q2 is a red flag for the core property development business, but bottom-line growth was propped up by interest/other income and a strong cash position, so the near-term stock reaction may be muted. The RPT approval and compliance officer change are routine governance items but worth tracking.