Unaudited Financial Results for the Quarter and Nine Months Ended December 31, 2025 along with Limited Review Report is enclosed
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Awaiting price reaction for this filing.
The company reported unaudited results for Q3 FY26 and 9M FY26 ending December 31, 2025. There was no revenue from operations during the period — the only income was 'other income' of ₹6.47 lakhs in Q3 FY26 and ₹18.47 lakhs for the 9M period, compared to ₹46.64 lakhs in the same 9-month period last year, a drop of roughly 60%. The company posted a net loss of ₹8.14 lakhs in Q3 FY26 and ₹11.09 lakhs for 9M FY26, against ₹379.75 lakhs loss in 9M FY25 (the prior-year figure was inflated by a large deferred tax reversal). The auditor MSKA & Associates issued an unmodified (clean) review opinion. The company's 'other equity' stands at negative ₹1,561.68 lakhs, indicating accumulated losses far exceed its share capital of ₹315 lakhs. The company operates as a single-segment real estate developer with no subsidiaries.
The nil operating revenue and small, recurring losses point to a dormant or holding-style entity rather than an active business. While the negative net worth is a red flag on paper, the clean audit report and tiny absolute numbers mean results are unlikely to move the thinly-traded stock. Retail investors should treat this as a routine filing with no near-term price catalyst.