Popular Estate Management Reports Q3 FY26 Loss

Popular Estate Management Limited reported a net loss of ₹5.11 lakhs for Q3 FY26 ended December 31, 2025, compared to ₹11.74 lakhs loss in Q3 FY25, showing improvement in quarterly performance.

Popular Estate Management Reports Net Loss of Rs 17.12 Lakhs in Latest Quarter

Popular Estate Management Limited reported a net loss before tax of Rs 17.12 lakhs for the quarter ended September 30, 2025. The company's cash and cash equivalents increased to Rs 3.42 lakhs from Rs 1.25 lakhs in the previous period. Total assets stood at Rs 5,050.14 lakhs compared to Rs 5,049.02 lakhs previously. The company faces contingent liabilities of Rs 2,216.69 lakhs related to income tax claims, which management is contesting through appellate processes. Borrowings increased to Rs 817.39 lakhs from Rs 796.89 lakhs. The company operates solely in the infrastructure segment and has substantial interests in two associated partnership firms with no operations during the reporting period.

Popular Estate Management Reports Quarterly Loss and Increases Borrowings

Popular Estate Management Limited's Board approved unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a net loss before tax of Rs 17.12 lakhs for the period. Cash and cash equivalents increased from Rs 1.25 lakhs to Rs 3.42 lakhs. The company's borrowings rose by Rs 20.50 lakhs during the quarter. Total assets stood at Rs 5,050.14 lakhs as of September 30, 2025, compared to Rs 5,049.02 lakhs in the previous period. The company faces contingent liabilities of Rs 2,216.69 lakhs related to income tax claims, which management is contesting through appellate processes. Popular Estate Management operates solely in the infrastructure segment and has substantial interests in two associated partnership firms with no current operations.

Popular Estate Management Limited Approves Multiple Board Appointments and AGM Scheduled for September 30, 2025

Popular Estate Management Limited held a board meeting on September 4, 2025, approving several key decisions. The board approved the Director's Report and Secretarial Audit Report for FY 2024-25. The company approved the re-appointment of Mrs. Saritaben Natwarbhai Patel as director, who is liable to retire by rotation. Three new independent directors were confirmed for appointment: Mr. Shaishav Kaushik Shah, Mr. Jignesh Shirish Vasavada, and Mr. Vishalkumar Rameshbhai Patel. The board re-appointed M/s. H. S. Jani & Associates as Statutory Auditors and appointed M/s. Sejal Shah & Associates as Secretarial Auditors. Mrs. Saritaben Natwarbhai Patel was appointed as chairperson of board meetings. The company scheduled its 31st Annual General Meeting for September 30, 2025, at 2:30 p.m. through video conference. The cutoff date for shareholder eligibility to vote is September 23, 2025, with share transfer books closing from September 24-30, 2025. All appointments and decisions are subject to shareholder approval at the upcoming AGM.

Popular Estate Management Reports Net Loss of Rs 9.48 Lakhs for Quarter Ended June 30, 2025

Popular Estate Management Limited reported a net loss of Rs 9.48 lakhs for the quarter ended June 30, 2025, compared to a net loss of Rs 16.08 lakhs in the same quarter last year. The company generated total income of Rs 76.58 lakhs, primarily from other income, while total expenses stood at Rs 9.48 lakhs. Basic and diluted earnings per share were negative at Rs 0.07. The company operates solely in the infrastructure segment and maintains a paid-up equity share capital of Rs 1,400.02 lakhs with 14,002,000 shares of Rs 10 each.