Un-audited financial results - 31.12.2025
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Prime Urban Development India Ltd reported nil revenue from operations for the quarter and nine months ended December 31, 2025. Standalone Q3 net loss widened to Rs. 15.89 lakhs versus a loss of Rs. 3.24 lakhs in the year-ago quarter, though the 9-month loss narrowed significantly to Rs. 0.75 lakhs from Rs. 89.16 lakhs a year earlier. The statutory auditor flagged a material going-concern uncertainty, noting that net worth has been eroded. The Board also appointed Mr. Kishor Khandelwal, who has been with the company for about 6 years, as the new Chief Financial Officer effective February 11, 2026. The company remains a single-segment realty business but plans to add investment and trading activities to generate future revenue.
Shareholders should note the going-concern qualification from auditors and the continued nil operational revenue, which together signal serious business challenges and could weigh on sentiment. The CFO appointment brings internal continuity but does not address the fundamental revenue and net-worth concerns.