Popular Estate Management Ltd Approves Q2 FY26 Results, Reports Losses of (12.33) Lakhs per Quarter
Popular Estate Management Limited has announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The Board meeting, held on August 10, 2026, formally adopted these results along with the limited review report conducted by Statutory Auditor M/s H. S. Jani & Associates.The company's performance metrics for the quarter showed a total income of 12.33 lakhs, against which total expenses stood at 14.96 lakhs, resulting in a profit or loss from ordinary activities of (12.33) lakhs. Earnings per equity share were reported as (0.07).
The Board also took note of compliances submitted to the stock exchange for the quarter ended June 30, 2026.
Financial Performance Summary
The financial data provided in lakhs reflects the company's operating performance across various periods:| Metric | Q Ended 30/06/2026 (Un-Audited) | Q Ended 31/03/2026 (Audited) | Q End 30/06/2025 (Un-Audited) | Year Ended 31/03/2026 (Audited) |
|---|---|---|---|---|
| Profit / (Loss) from Ordinary Activities | (12.33) | (6.99) | (9.48) | (29.22) |
| Total Income | 12.33 | 6.99 | 9.48 | 14.96 |
| Total Expenses | 14.96 | 9.48 | 29.22 | 29.22 |
Investor Notes and Segment Operations
The unaudited results were reviewed by the Audit Committee and subsequently approved by the Board of Directors, with a limited review conducted by the Statutory Auditor. The company operates exclusively within the Infrastructure segment, meaning there are no other primary reportable segments as required for reporting.Regarding associated businesses, the company maintains substantial interest in two associated partnership firms. However, it has not prepared consolidated financial statements using the equity method of accounting under Ind AS 28, as there was no profit or loss attributable to the company from these partnership firms during the covered period.
Stock Price Movement
As of 14:34, Popular Estate Management Ltd shares are ticking up at ₹17.75, reflecting a gain of 1.43%. The equity has traded within an intraday range, moving between a low of ₹17.75 and a high of ₹18.36.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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