UN AUDITED RESULT FOR THE QUARTER ENDED 31 DECEMBER 2025 .
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Awaiting price reaction for this filing.
Swati Projects' Board, meeting on 14 February 2026, approved the unaudited standalone and consolidated financial results for the quarter ended 31 December 2025, along with the auditor's limited review report from M Modi & Associates (a clean/unqualified review). The standalone segment appears to have posted a net loss for the quarter (in the rough range of around ₹9 lakh based on the filing), with very modest revenue from operations. The consolidated results, which include two subsidiaries (Radhashree Roadsters and Radhashree Apartments), similarly show a net loss for the quarter. The Board also confirmed non-applicability of the deviation statement under Regulation 32 since IPO proceeds have been used as per the prospectus, and noted that Regulations 52(4), 52(5) and 52(7) do not apply as no debentures are outstanding. Separately, Ms. Papia Naskar Raha (ICSI member with 12+ years of experience) was appointed as Company Secretary and Compliance Officer with effect from 14 February 2026.
The filing is procedural and broadly in line with routine quarterly disclosures, but the continued quarterly loss at both standalone and consolidated levels highlights ongoing profitability concerns for shareholders. The auditor's report carries no qualifications, and the new Company Secretary appointment is a governance positive, though the weak financial performance remains the key takeaway for investors.