BSETulive Developers LtdMediumNeutral
Announced Fri, 13 Feb · 16:54 IST

The Board of Directors of Tulive Developers Limited in their meeting held on February 13, 2026 approved the unaudited standalone financial results for the quarter ended December 31, 2025

Pat NegativeRevenue DeclineResults View source PDF

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AI summary

Tulive Developers' board, meeting on February 13, 2026, approved unaudited results for the quarter and nine months ended December 31, 2025. The company reported zero revenue from operations across all periods, with only 'other income' of Rs 9.65 lakhs in Q3 FY26 (vs Rs 10.70 lakhs in Q3 FY25) and Rs 26.95 lakhs for 9M FY26 (vs Rs 13.70 lakhs in 9M FY25). Net loss for Q3 FY26 stood at Rs 26.57 lakhs, slightly narrower than Rs 27.52 lakhs in Q3 FY25, while the 9M FY26 loss improved to Rs 73.00 lakhs from Rs 94.41 lakhs a year ago. EPS was Rs (1.23) for the quarter and Rs (3.39) for nine months. The auditor (Dagliya & Co.) issued an unqualified limited review report. The company noted that its partnership firm Tulive Builder has been dissolved and Tulive Estate has no further development, with maximum amount already withdrawn.

Likely market impact

Continued absence of operating revenue and persistent quarterly losses remain a concern, though narrowing losses and intact reserves of ~Rs 4,398 lakhs provide some cushion. Shareholders should note ongoing erosion of book value, but the clean audit report and absence of fresh operational setbacks limit near-term negative triggers.