Approval of financial results for the quarter and half year ended 30th September 2025.
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The Board approved standalone and consolidated unaudited results for the quarter and half-year ended 30 September 2025, reviewed by statutory auditors M/s. S. Viswanathan LLP with a clean limited review opinion. On a standalone basis, Q2 FY26 revenue from operations was just Rs. 6.57 lakhs versus Rs. 102.90 lakhs in Q2 FY25, a sharp ~94% decline, while the quarter ended with a loss of Rs. 36.57 lakhs (vs Rs. 71.52 lakh loss a year ago). For H1 FY26, standalone revenue fell to Rs. 13.05 lakhs (vs Rs. 217.83 lakhs in H1 FY25), with a loss of Rs. 28.53 lakhs. The company now reports a single segment — Real Estate Development activities — and includes subsidiary SV Global Finance Pvt Ltd and associate Adyar Property Holdings in its consolidated numbers.
Shareholders should note the steep drop in operating revenue and continued losses on a standalone basis, indicating weak top-line momentum; however, the clean auditor review and absence of qualifications offer some comfort. The stock price reaction will likely hinge on whether this revenue slump reflects timing of real estate projects or a structural slowdown.