Radhe Developers (India) Limited Approves Unaudited Financial Results for June 2026 Quarter
Radhe Developers (India) Limited has approved its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors reviewed and authorized the results during a meeting held on July 17, 2026.The company confirmed that the financial statements were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, as prescribed under Section 133 of the Companies Act, 2013. Management identified the construction business as the sole reportable segment for the group's operations.
The board also approved the notice for the 32nd Annual General Meeting of the company. The meeting proceedings commenced at 2:30 p.m. and concluded at 3:40 p.m.
Financial Highlights and Review
The financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee prior to board approval. The statutory auditor, S Parth & Co, issued a limited review report on the interim financial information.During the review, the auditors noted that no provision has been made in the quarterly results for gratuity, which is not in accordance with accounting standards prescribed under Ind AS 19.
The following table represents data from the unaudited statement of financial results for the quarter ended June 30, 2026:
| Item | Results for the Quarter Ended on June 30, 2026 |
|---|---|
| Net Profit for the period (including other comprehensive income) | 15.29 |
| Paid-up Share Capital | 29.87 |
The company remains focused on its core operations within the construction industry. The results were prepared to ensure comparability with previous periods where restatements or regrouping were necessary.
Stock Price Movement
Ansal Buildwell Ltd shares slipped by 1.32% to settle at ₹75.00 today. The stock traded within a narrow range, finding support at its daily low of ₹74.80 before closing 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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