Elevate Campuses544945Quarterly results
Board approves unaudited Q1 results; auditors' limited review reports taken on record
Elevate Campuses Ltd's board met on Monday, October 19, 2026 and approved the Unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 2,191.35 | 1,668.88 | +31.3% | 2,180.92 | +0.5% |
| Total income | 2,280.55 | 1,760.88 | +29.5% | 2,262.63 | +0.8% |
| Profit before tax | 424.23 | 1,535.84 | −72.4% | 519.98 | −18.4% |
| Profit after tax | 340.58 | 1,187.44 | −71.3% | 536.13 | −36.5% |
| Total comprehensive income | 483.70 | 1,187.56 | −59.3% | 997.57 | −51.5% |
| Basic EPS | 3.85 | 13.43 | −71.3% | 6.06 | −36.5% |
- Total income
- Latest 2,280.55; Year ago 1,760.88 (+29.5%); Prev qtr 2,262.63 (+0.8%)
- Profit after tax
- Latest 340.58; Year ago 1,187.44 (−71.3%); Prev qtr 536.13 (−36.5%)
- Period
- June 30, 2026
Auditor's review
Conclusion: Unmodified
- Other matter: Ind AS financial information of the Group for quarters ended June 30, 2025 and March 31, 2026 has not been subject to an audit or review.
Notes to the results
- Exceptional item: impairment loss on intangible assets and goodwill pursuant to termination of customer contracts of Rs. (69.27) million in quarter ended June 30, 2026.
- IPO: 58.01 million fresh shares issued at Rs. 362.00 each aggregating Rs. 21,000.00 million; shares listed on BSE and NSE on September 30, 2026.
- Acquired 14 K-12 entities for Rs. 11,156.80 million after the quarter; accounted as common control (Appendix C, Ind AS 103) and prior periods restated.
- ESOP: 21,50,000 stock options granted; related expense of Rs. 26.52 million recognised in the quarter.
What the board approved
- At its meeting on Monday, October 19, 2026, the Board of Directors of Elevate Campuses Ltd approved the Unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026.
- The board also received the Limited Review Reports on those results, issued by S R B C & Co LLP, the company's Statutory Auditors. Separate reports were issued for the consolidated results and the standalone results.
- The meeting commenced at 7.02 p.m. (IST) and concluded at 7.35 p.m. (IST).
- The company was formerly known as Good Host Spaces Limited.
What these terms mean
- Unaudited: the numbers have not been through a full statutory audit. For quarterly reporting, companies typically publish unaudited figures that have been reviewed instead.
- Limited review: a lighter check than a full audit. The auditor looks at the interim financial information and reports whether anything came to its attention that suggests the numbers are materially misstated. It is not an opinion on the accounts the way an annual audit report is.
- Standalone vs consolidated: standalone covers the company on its own; consolidated covers the company together with its subsidiaries and other entities it consolidates. The two sets can differ, so it helps to know which one a figure you are reading belongs to.
Why this matters to a shareholder
- Quarterly results are the routine health check on revenue, costs and profit. This update is the intimation that the board has approved them and that the auditor's review reports exist.
- The limited review report is the auditor's own commentary on the interim numbers. Reading it alongside the results tells you whether the auditor flagged any matter for attention.
- When you read the results, match the figure to its exact line item and to whether it is standalone or consolidated, since the same label can carry different numbers across the two sets.
What the disclosure covers
- The intimation records the board's approval of the results, the enclosure of the results and the limited review reports, and the timing of the meeting.
At a glance
- Entity: Elevate Campuses Ltd (formerly Good Host Spaces Limited)
- Exchange symbol: ELEVATE
- What happened: board approved unaudited consolidated and standalone results for the first quarter ended June 30, 2026
- Auditor: S R B C & Co LLP, Statutory Auditors
- Auditor's document: Limited Review Reports on the consolidated and standalone results
- Meeting date: Monday, October 19, 2026
1,535.84 (Rupees millions)Profit before tax, year-ago quarter
Profit after tax, year-ago quarter1,187.44 (Rupees millions)
Profit after tax, latest quarter340.58 (Rupees millions)
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8 Oct 2026
More numbers
- Total income, latest quarter2,280.55 (Rupees millions)
- Total income, year-ago quarter1,760.88 (Rupees millions)
- Total income, previous quarter2,262.63 (Rupees millions)
- Total comprehensive income, latest quarter483.70 (Rupees millions)
- Total comprehensive income, year-ago quarter1,187.56 (Rupees millions)
- Total comprehensive income, previous quarter997.57 (Rupees millions)
- Profit after tax, latest quarter340.58 (Rupees millions)
- Profit after tax, year-ago quarter1,187.44 (Rupees millions)
- Profit after tax, previous quarter536.13 (Rupees millions)
- Revenue from operations, latest quarter2,191.35 (Rupees millions)
- Revenue from operations, year-ago quarter1,668.88 (Rupees millions)
- Revenue from operations, previous quarter2,180.92 (Rupees millions)
- Profit before tax, latest quarter424.23 (Rupees millions)
- Profit before tax, year-ago quarter1,535.84 (Rupees millions)
- Profit before tax, previous quarter519.98 (Rupees millions)
Source: BSE · 19 Oct 2026
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