Please find enclosed herewith copy of Unaudited Standalone and Consolidated Financial Statements along with copy of Limited Review Report as per SEBI (LODR), Regulations, 2015 for the Quarter ....
THAKDEV · price
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Thakkers Developers reported Q1 FY26 results where on a standalone basis the company narrowed its losses significantly — loss before tax came down to Rs 17.11 lakhs (from Rs 47.12 lakhs loss a year ago) and PAT loss reduced to Rs 17.28 lakhs (from Rs 47.30 lakhs). Total standalone income stood at Rs 343.19 lakhs vs Rs 334.99 lakhs, almost flat year-on-year. On a consolidated basis, the picture was much stronger: total income jumped to Rs 983.40 lakhs (vs Rs 492.01 lakhs, nearly doubling) driven by both Construction and Estate Development segments. Consolidated PAT swung to a profit of Rs 144.45 lakhs versus a loss of Rs 33.24 lakhs in the year-ago quarter, with EPS of Rs 1.61. The statutory auditors (Karwa Malani Kalantri & Associates) issued an unmodified (clean) limited review opinion on both standalone and consolidated results. Previous period figures were recast/restated where required.
Positive for shareholders — consolidated profitability has returned with a sharp jump in revenue and a swing to profit, even though the standalone entity is still marginally in the red. The clean auditor opinion and absence of any loan defaults support near-term stability, though the standalone business continues to operate at a small loss which investors should watch.