The board of directors of the company in the meeting held on 14th August 2025 had approved the unaudited financial results for the quarter ended 30th June 2025. The outcome of the meeting is attached
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The board of Tulive Developers approved the unaudited standalone financial results for Q1 FY26 (April-June 2025) on August 14, 2025. The company reported nil revenue from operations, with total revenue of Rs. 9.04 lakhs coming entirely from other income, up from Rs. 4.50 lakhs in the same quarter last year. Total expenses stood at Rs. 33.00 lakhs, dominated by depreciation of Rs. 24.65 lakhs. The company posted a net loss of Rs. 23.61 lakhs (EPS of Rs. -1.10), slightly wider than the loss of Rs. 23.46 lakhs in Q1 FY25 but narrower than the Rs. 30.04 lakhs loss in the previous quarter (Q4 FY25). The results have been subjected to a limited review by the statutory auditors.
Tulive Developers continues to report losses with no operational revenue, indicating the company is not generating income from its core business. For shareholders, this raises concerns about operational viability, though reserves of Rs. 4,471.05 lakhs provide a buffer. The stock price may remain subdued given the persistent unprofitability.