We hereby attaching the Audited Financial Result along with Audit Report issued by Statutory Auditor of the Company
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The company reported a standalone net loss of Rs. 69 lakh for FY2025-26 compared to a net profit of Rs. 445 lakh in the prior year. Total income dropped sharply to Rs. 2,265 lakh from Rs. 4,868 lakh, a decline driven primarily by a fall in real estate segment revenue to Rs. 1,482 lakh from Rs. 4,403 lakh. On a consolidated basis, the net loss narrowed to Rs. 73 lakh from a restated loss of Rs. 956 lakh in the previous year. Operating cash flow remained healthy at Rs. 4,444 lakh. Prior year figures have been restated due to a change in valuation of an erstwhile associate (Star Hotel Private Limited). A GST demand notice of Rs. 133.96 lakh with equivalent penalty has been received but not provided for as management intends to appeal. The Board recommended a 25% dividend. Statutory auditors issued an unmodified opinion.
The sharp revenue contraction in the real estate segment and move to net loss are concerning, though the company generated strong positive operating cash flows and narrowed consolidated losses. The undisclosed GST demand and prior-year restatements add contingent risk.