Eldeco Housing and Industries Board Approves Q1 Results; Appoints New Cost Auditor
Eldeco Housing and Industries Limited has announced that its Board of Directors considered and approved the Unaudited Financial Results for the quarter ended June 30, 2026, both on a standalone and consolidated basis. The company also made strategic appointments regarding its cost auditing function and confirmed plans for an upcoming Annual General Meeting (AGM).The meeting, held on Wednesday, August 12, 2026, included the approval of the Directors' Report for the financial year ended March 31, 2026. The company is scheduled to hold its 41st AGM on September 23, 2026, via Video Conferencing or other audio-visual means.
Financial Performance Overview
The results were reviewed and recommended by the Audit Committee before being approved by the Board of Directors.A detailed summary of the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 is presented below:
| Particulars | Standalone (in Lacs) | Consolidated (in Lacs) |
|---|---|---|
| Income / Total Income | 4,482.20 | 5,031.72 |
| Total Expenses | 2,774.73 | 5,403.61 |
| Profit before Tax (PBT) | 1,824.59 | 1,780.88 |
| Tax Expense | 272.59 | 336.21 |
| Net Profit for the Period | 1,558.36 | 1,444.67 |
The financial results were reviewed by M/s Doogar & Associates, Chartered Accountants, the company's statutory auditor.
Appointment of Cost Auditor
A key decision made during the Board meeting was the approval of M/s Paliwal & Associates, Cost Accountants (Firm Registration No. 000368), as the Cost Auditor for the Company. This appointment is set for the financial year 2026-2027.M/s Paliwal & Associates is a firm established in Lucknow and possesses approximately 18 years of experience in cost audit, internal audit, and corporate advisory services. The firm has confirmed that it is not related to any of the Directors of Eldeco Housing and Industries Limited.
Corporate Governance Updates
In addition to the financial approvals, the Board also focused on future corporate events. The notice for the upcoming 41st Annual General Meeting (AGM) was approved, with the full Notice convening the AGM and the complete Annual Report for the fiscal year ended March 31, 2026, scheduled to be dispatched in due course of time.The company confirmed that these financial results are available on its official website.
ELDEHSG Stock Price Movement
Eldeco Housing And Industries Limited stock shed 2.05% of its value on Wednesday, closing at ₹750.30 after falling by ₹15.70 from the previous close. The equity saw a trading volume of 1,254 shares during the session.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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