Q1 FY27 results: loss widens to 5.97 lakh, nil revenue, new CEO appointed
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Board approved Q1 FY27 (quarter ended June 30, 2026) unaudited results. Revenue from operations nil, total income nil. Loss after tax widened to 5.97 lakh versus 4.27 lakh loss in Q1 FY26. Total expenses at 5.97 lakh. EPS stood at minus 0.19. Other equity remains negative at 1,551.72 lakh. Auditor MSKA and Associates gave an unmodified review conclusion. Board also reappointed Ms Ritika Bhalla and Mr Jinesh Shah as independent directors for second terms and appointed Mr Vikas Jain as CEO effective July 14, 2026.
Continued quarterly losses with no operating revenue and negative reserves. New CEO and independent director reappointments signal leadership continuity under Lodha group.