BEML Land Assets Announces Q1 Financial Results, Reports Net Loss for Quarter Ended 30 June 2026
BEML Land Assets Ltd., a Government of India Company operating under the Ministry of Defence, has announced the approval of its un-audited financial results for the first quarter and three months ended 30 June 2026. The Board of Directors considered and approved these results during a meeting held on 31 July 2026.The company arranged to publish the extract of these results in both national (English) and local (Kannada) newspapers.
Quarterly Financial Performance Highlights
The financial statements reflect key operational and financial metrics for the quarter ended 30 June 2026, compared against earlier periods.The unaudited results show figures for the quarter as follows (X in lakhs, except EPS and Ratios):
| Metric | Q Ended 30.06.2026 (Unaudited) |
|---|---|
| Other income | 3825 |
| EBITDA | 98.25 |
| Employee benefits expense | 14.71 |
| Finance costs | 27.52 |
| Depreciation and amortization expense | 227 |
| Total Expenses | 62.10 |
| Profit before exceptional items and tax | 36.15 |
| Profit before tax | 36.15 |
| Current Tax (MAT) | 5.26 |
| Deferred Tax | 77.90 |
| Profit / (Loss) for the period from continuing operations | (47.01) |
| Total Comprehensive Income for the period | (47.01) |
In terms of per-share metrics, the company reported a basic Earnings Per Share (EPS) of 0.11 and a diluted EPS of 0.05. The Debt Service Coverage Ratio stood at 231.
Limited Review Report Findings
The unaudited quarterly results were subject to a Limited Review Report by Chartered Accountants, N. Tatia & Associates, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The review concluded that nothing came to the attention of the auditors which suggested that the accompanying Statement, prepared according to applicable accounting standards and other recognized accounting practices and policies, did not disclose the required information or contained any material misstatement.
Operational and Governance Context
During the meeting, management noted that as a Government Company under the Ministry of Defence, the Board reviewed the financials. The review report highlighted that the company has not constituted an Audit Committee nor does it have Independent Directors as mandated by certain provisions of SEBI Regulations and the Companies Act. These financial statements were placed before the Board of Directors instead of the Audit Committee.BLAL Stock Price Movement
As of 2:12 PM, BEML Land Assets Limited shares are slipping by 2.34% in live trading, currently clocking in at ₹171 after shedding ₹4.10. The stock has seen 51,036 shares traded so far as investors monitor the intraday performance of the equity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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