BSESamor Reality LtdMediumNeutral
Announced Mon, 11 Aug · 16:47 IST

Dear Sir, Pls find result in PDF file attached herewith.

Pat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Samor Reality Limited reported a loss before tax of ₹14.01 lakhs for Q1 FY26 (quarter ended June 30, 2025), broadly similar to the ₹15.04 lakh loss in the same quarter last year. However, profit after tax swung to a negative ₹15.08 lakhs versus a positive ₹16.38 lakhs in Q1 FY25, mainly because the prior-year quarter had a deferred tax credit of ₹31.42 lakhs that did not recur. Total expenses stood at just ₹14.01 lakhs, heavily impacted by a negative change-in-stock of ₹340.37 lakhs (inventory build-up) offsetting finance costs of ₹95.38 lakhs. The bottom line was rescued by a strong ₹590.15 lakh gain on fair value of FVOCI equity investments in other comprehensive income, pushing total comprehensive income to ₹535.49 lakhs. Diluted EPS turned negative at ₹(0.07) versus ₹0.08 in the year-ago quarter. Statutory auditors Shah & Shah issued an unmodified limited review report with no qualifications.

Likely market impact

The core real estate business remains in a pre-revenue, loss-making phase with no operating income recognised this quarter, and the swing into PAT negative territory is a red flag for shareholders. However, the large unrealised gain on equity investments under OCI masks the weakness of operating performance, so investors should distinguish between paper mark-to-market gains and actual business profitability.