Attached herewith the Quarter/Half year results for Sept 2025. Meeting Start time - 05.00 PM Meeting End time - 06.30 PM
THAKDEV · price
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Thakkers Developers reported unaudited results for Q2 FY26 (quarter ended Sept 30, 2025) and H1 FY26, approved by the Board on November 14, 2025. On a standalone basis, total income for Q2 FY26 stood at Rs 514.77 lakhs versus Rs 452.15 lakhs in Q2 FY25 (+13.8%), with net profit at Rs 74.12 lakhs versus Rs 63.98 lakhs (+15.8%). For H1 FY26, standalone net profit jumped to Rs 56.84 lakhs from Rs 15.68 lakhs in H1 FY25 — a sharp rise of roughly 262% — driven by lower expenses and improved margins. Consolidated Q2 FY26 total income was Rs 1,897.59 lakhs, benefiting from five wholly-owned subsidiaries. The statutory auditor issued an unmodified (clean) limited review opinion on both standalone and consolidated results, with no investor complaints received during the quarter.
The sharp H1 standalone profit growth (262% YoY) signals a meaningful turnaround from a weak Q1 FY26 (standalone loss of Rs 17.28 lakhs) to a profitable Q2. For shareholders, the cleaner numbers, restated comparatives, and the revenue lift from consolidated subsidiaries are mildly positive, though absolute profit levels remain modest.