HOMRE Ltd Announces Q1 Financial Results and Key Board Appointments
HOMRE Ltd, formerly known as Triton Corp Limited, has announced the outcome of its recent Board meeting, approving the Unaudited Financial Results for the quarter ended June 30, 2026. The board also approved significant changes in director appointments and designations, alongside noting a resignation within the company.The Company provided both standalone and consolidated unaudited financial results for the period, which were reviewed by an independent auditor and approved by the Board of Directors on July 23, 2026.
Financial Performance Review
Standalone Results (Quarter Ended June 30, 2026)The Unaudited Standalone Financial Results showed Total Income reaching 1,239.47 Lakhs. The company reported a loss before exceptional items and tax of 84.82 Lakhs, with Tax expenses recorded at 21.36 Lakhs.
Key figures from the standalone financial statements for the quarter ended June 30, 2026, are detailed below:
| Particulars | Value (Rs. in Lakhs) |
|---|---|
| Total Income | 1,239.47 |
| Cost of materials consumed | 820.00 |
| Profit/Loss before tax and share of associates | 84.82 |
| Tax expenses | 21.36 |
Consolidated Results (Quarter Ended June 30, 2026)
The Unaudited Consolidated Financial Results also reflected a Total Income of 1,239.47 Lakhs. The Group reported Profit/Loss before exceptional items and tax at 84.80 Lakhs.
| Particulars | Value (Rs. in Lakhs) |
|---|---|
| Total Income | 1,239.47 |
| Cost of materials consumed | 8.20 |
| Profit/Loss before exceptional items and tax | 84.80 |
Board Changes and Appointments
The Board meeting on July 23, 2026, addressed several critical governance matters regarding the company's leadership structure. New appointments were made, and designations for existing directors were modified.New Appointments:
Two individuals were appointed as Non-Executive Independent Directors (NEID):
- Mr. Ashok Chopra: Appointed NEID effective July 23, 2026. Mr. Chopra is a Bachelor of Technology in Chemical Engineering with over 30 years of experience spanning the Oil & Gas upstream sector, refining, and petrochemicals.
- Mrs. Puneeta K Sharma: Appointed as NED effective July 23, 2026. Mrs. Sharma is a qualified Company Secretary (ACS) and practicing Advocate with over 15 years of experience in corporate law and governance.
Designation Change:
Two directors saw changes in their designation from Non-Executive Non-Independent Director to Non-Executive Independent Director (NEID), effective June 23, 2026:
- Mr. Rohit Inder Himatsingani: Has been approved for the change in designation. Mr. Himatsingani is a Captain in the Navy with extensive experience in leadership and strategic management within the maritime sector.
- Mr. Abhishek Bhagwat Bharad: Approved for the change in designation. Mr. Bharad is an accomplished Agribusiness Consultant and Market Research Specialist with over 15 years of experience in agricultural economics and rural development.
Resignation Noted:
The Board noted the resignation of Mr. Sachin Kumar Bhimrajka, Executive Director. Mr. Bhimrajka tendered his resignation due to personal reasons, effective from the closing hours of June 22, 2026.
Stock Price Movement
At the close of trade today, shares of HOMRE Ltd settled at ₹2.05, edging higher after a 0.49% gain. The stock demonstrated solid range management throughout the session, trading between an intraday low of ₹2.04 and a high of ₹2.08.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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