Chairman outlines FY26 results, Vrindavan JDA, Tier-2 expansion

Order Pipeline DisclosedInvestor Communications View source PDF Explain this filing

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AI summary

FY26: Standalone revenue Rs 146.73 Lakh, loss Rs 1212.94 Lakh (marginally narrower YoY). Consolidated revenue rose to Rs 22875.62 Lakh but company swung to a loss of Rs 8798.85 Lakh vs profit of Rs 6411.66 Lakh last year. Delivered 4 projects totalling 65.31 lakh sq ft. Two ongoing: Palm Village (978 of 1216 units sold, possession by March 2028) and Sunworld Arista (16 of 340 sold, possession by Dec 2029). New 25-acre JDA in Vrindavan marks entry into Tier-2 cities.

Likely market impact

Consolidated swing to loss is a red flag; new Vrindavan project signals growth push beyond NCR.