Lake Shore Realty Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026
Lake Shore Realty Limited (formerly known as Mahaan Foods Limited) has announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved the financial statements and took on record the Limited Review Report issued by M/s PGS & Associates during a board meeting held on July 17, 2026.The financial data highlights a significant shift in profit generation compared to the preceding quarter, primarily driven by other income sources despite a lack of revenue from operations during the period. The company reported a net profit for the period of Rs. 18.80 Lacs for the June 2026 quarter, rebounding from a loss of Rs. 5.60 Lacs reported in the quarter ended March 31, 2026.
Financial Performance Overview (Rs. in Lacs)
| Particulars | Quarter Ended 30-Jun-26 (Un-Audited) | Quarter Ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Un-Audited) | Year Ended 31-Mar-26 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 0.00 | - | 0.30 | 0.30 |
| Other Income | 36.00 | 61.76 | 33.52 | 131.15 |
| Total Revenue | 36.00 | 61.76 | 33.82 | 131.45 |
| Employee Benefits | 4.15 | 3.68 | 5.16 | 12.45 |
| Other Expenses | 6.74 | 56.46 | 5.72 | 95.63 |
| Total Expenses | 10.89 | 60.14 | 10.96 | 108.16 |
| Profit/(Loss) Before Tax | 25.11 | 1.62 | 22.86 | 23.29 |
| Current Tax | 6.31 | 5.75 | 5.86 | 5.87 |
| Profit/(Loss) for the Period | 18.80 | (5.60) | 16.97 | 16.48 |
| Basic and Diluted EPS (Rs.) | 0.54 | (0.16) | 0.48 | 0.47 |
The report highlights that while the company did not generate revenue from operations in the current quarter, it recorded Other Income of Rs. 36.00 Lacs. Total expenses for the period were managed at Rs. 10.89 Lacs, which included employee benefits and other operational costs.
The independent reviewer, PGS & Associates, stated that they conducted a review in accordance with the Standard on Review engaged by Independent Auditors of Entities issued by the Institute of Chartered Accountants of India (ICAI). The review did not reveal any material misstatements or undisclosed information required under current reporting standards.
Stock Price Movement
As of 14:03, Lake Shore Realty Ltd shares are ticking up to ₹72.99, representing a 3.68% gain. The stock has been fluctuating between an intraday low of ₹70.37 and a high of ₹74.50 throughout 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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