To consider and approve the unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2025
Awaiting price reaction for this filing.
The Board of Avishkar Infra Realty Ltd approved its Q1 FY26 financial results on August 11, 2025, with a clean (unmodified) limited review report from auditor SDP M & Co. On a standalone basis, the company swung to a profit after tax of Rs 22.19 lakhs versus a loss of Rs 30.17 lakhs in Q1 FY25, mainly due to higher other income of Rs 46.48 lakhs (vs Rs 3.2 lakhs). However, revenue from operations remained NIL, meaning the profitability came entirely from non-operating income. On a consolidated basis (including subsidiary Avishhar Keval Kunj Redevelopment Private Limited, acquired in March 2025), the company reported a loss after tax of Rs 51.17 lakhs, with consolidated EPS of Rs (0.23). Finance costs surged to Rs 70.12 lakhs (consolidated) from Rs 20.63 lakhs, and the subsidiary added Rs 250.13 lakhs in stock-in-trade purchases, dragging the bottom line into the red.
Mixed for shareholders — standalone turned profitable but only on other income with no core operating revenue, while consolidated results slipped into a loss because of the newly acquired subsidiary's expenses and higher finance costs. Investors should watch for actual operating revenue and the subsidiary's performance in coming quarters.