Ind Bank Housing Board Approves Un-Audited Results for Quarter Ended June 30, 2026
Ind Bank Housing Ltd. announced the approval of its un-audited financial results and a limited review report for the quarter ending June 30, 2026. The Board of Directors conducted this meeting on July 4, 2026, to consider and approve these findings.The company's operational focus has been guided by prior regulatory changes concerning its business scope. As noted in the review materials, the Certificate of Registration (COR) to carry on the business of Housing Finance was cancelled by the Reserve Bank of India (RBI) on September 22, 2023. Following this cancellation, the Board had resolved not to continue the housing finance business and is currently focused solely on the recovery and disposal of mortgaged assets in line with its board directions.
The unaudited financial results for the quarter included several key operational indicators:
| Financial Metric | Value (Qtr ended 30.06.2026) |
|---|---|
| Revenue from Operations | 0.00 Lakhs |
| Other Income | 0.00 Lakhs |
| Total Revenue | 0.00 Lakhs |
| Total Expenses (Excluding Tax) | 2317 in previous reporting unit |
| Profit/(Loss) before tax | (8.83) in previous reporting unit |
The company's capital structure also showed a significant figure for paid up equity share capital at the time of the review. Comprehensive Income for the period was reported as 387.54 Lakhs, while Total Comprehensive Income registered (1’77) in one reporting unit.
The Board meeting commenced at 12:10 PM and concluded at 2:00 PM on July 4, 2026.
Stock Price Movement
Ind Bank Housing Ltd shares settled at ₹45.91 on Friday, edging higher after closing 0.88%. The stock moved throughout the trading session, reaching a high of ₹48.95 before finding support when it dipped to a low of ₹45.60.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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