the Board of Directors of the Company at their meeting held today i.e. 13th February, 2026, have inter alia approved the: 1. Unaudited Standalone and Consolidated Financial Results for ....
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Tivoli Construction's board approved unaudited standalone and consolidated results for Q3 and nine months ended 31 December 2025. Revenue from operations stood at nil for the quarter, with standalone total income at Rs 0.34 lakh versus Rs 2.72 lakh in the previous quarter, and standalone net loss of Rs 0.88 lakh in Q3 FY26 and Rs 7.46 lakh for the 9-month period (vs a profit of Rs 0.65 lakh a year ago). On a consolidated basis, the company reported a net loss of Rs 0.90 lakh for Q3 and Rs 3.03 lakh for 9M FY26 (compared to Rs 1.81 lakh loss in 9M FY25). The board also appointed M/s Nayan Parikh & Co as Internal Auditor and Ms Hansa Gaggar as Secretarial Auditor for FY25-26. Statutory auditor N.S. Shetty & Co issued an unmodified limited review but flagged an emphasis-of-matter note regarding a subsidiary (Victoria Investment Company) that has stopped accruing interest on an Rs 83 lakh advance to a company facing a 'serious financial crisis,' with Rs 119.12 lakh of interest receivable under recoverability review.
Operations are essentially dormant with no revenue from operations, and the company is reporting small losses; the auditor's emphasis on the subsidiary's likely impairment on the Rs 83 lakh loan and Rs 119 lakh interest underscores asset-quality risk, which could weigh on investor sentiment despite no going-concern flag from the auditor.