Pursuant to Regulation 33 and Regulation 30 , the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2025 along with ....
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The Board of Directors of Shree Salasar Investments Ltd approved the unaudited financial results (both standalone and consolidated) for the quarter and half year ended September 30, 2025 at its meeting held on 14th November 2025. The auditor, Satya Prakash Natani & Co., issued an unmodified (clean) limited review report. On a standalone basis, revenue collapsed to Rs 1.99 lakh in Q2 FY26 from Rs 32.02 lakh a year ago, with H1 FY26 revenue at Rs 34.57 lakh versus Rs 88.12 lakh in H1 FY25, and standalone profit fell to Rs 20.09 lakh (H1) from Rs 68.13 lakh. However, on a consolidated basis (including three un-reviewed subsidiaries — Vinca Realtors, Marine Drive Realtors and Hariyana Developers), revenue surged to Rs 3,172.68 lakh in Q2 FY26 (vs Rs 899.08 lakh YoY) and H1 FY26 PAT jumped to Rs 800.99 lakh from Rs 66.07 lakh, driven by the real-estate subsidiaries. Total consolidated assets grew to Rs 29,699.21 lakh as on 30 Sept 2025 from Rs 25,528.05 lakh in March 2025.
The sharp divergence between weak standalone numbers and strong consolidated growth highlights that value sits in the subsidiaries, mainly real-estate businesses. Shareholders should note that three subsidiaries' financials were not independently reviewed, which is a governance caution. Overall, the consolidated results are positive, but the standalone decline and reliance on un-reviewed subsidiary numbers warrant careful scrutiny before drawing conclusions on stock price direction.