Bagmane Prime Office REIT Reports Loss of 2.57 INR Million on Q3 FY2025-26

Bagmane Prime Office REIT Reports Loss of 2.57 INR Million on Q3 FY2025-26​

Bagmane Prime Office REIT, a real estate investment trust primarily focused on commercial office investments in India, reported a loss of 2.57 INR million for the financial period spanning May 30, 2025, to March 31, 2026. The REIT’s balance sheet reflected total assets of 64.40 INR million against total liabilities of 66.97 INR million, resulting in negative unitholder's equity.

The financial results for the period indicate a net loss of 2.57 INR million. This loss was driven by total expenses of 2.57 INR million, leading to a loss before tax of (2.57) INR million, which subsequently resulted in a total comprehensive income of (2.57) INR million.

Financial Position Summary​

As of March 31, 2026, the financial position of Bagmane Prime Office REIT was characterized by assets valued at 64.40 INR million and liabilities totaling 66.97 INR million. The trust reported an equity balance of (2.57) INR million.

The key components of the Balance Sheet as of March 31, 2026 are detailed below:

Operational and Market Overview​

The REIT, which is registered as a Real Estate Investment Trust, operates within the commercial office segment in India. The trust does not hold any real estate assets as of March 31, 2026.

Key observations from the financial statements include:

• Unit Issuance: The REIT had not issued any unit capital during the period ending March 31, 2026, making earnings per unit calculations inapplicable for this period.
• Financial Instruments: Trade payables stood at 1.03 INR million. Other financial liabilities amounted to 65.94 INR million. The fair value of these financial assets and liabilities was included in the balance sheet at their equivalent amount, reflecting short-term maturities.
• Risk Management: The REIT monitors credit risk, noting that its exposure to bad debts is not significant and there is no material concentration of credit risk as of the reporting date.

The trust's current ratio stood at 0.96, indicating a measure of liquidity relative to its short-term obligations.

BAGMANE Stock Price Movement​

As of 1:14 PM, shares of Bagmane Prime Office REIT are shedding slightly as they move down 0.17% to ₹103.70. The equity trades within an intraday range spanning from ₹103.5 to ₹104.13, with a total volume of 295,145 shares changing hands in the live market.