Roselabs Finance531324Quarterly results
Board approved Sept quarter results with auditor's unmodified conclusion; merger scheme awaits NCLT
Board met on 22 October 2026 and approved the unaudited results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Profit before tax | (6.04) | (5.98) | −1% | (5.47) | −10.4% |
| Profit after tax | (6.04) | (5.98) | −1% | (5.47) | −10.4% |
| Total comprehensive income | (6.04) | (5.98) | −1% | (5.47) | −10.4% |
| Basic EPS | (0.06) | (0.06) | 0% | (0.05) | −20% |
- Profit after tax - Year ago
- (5.98) (−1%)
- Profit after tax - Prev qtr
- (5.47) (−10.4%)
- Period
- 30-Sep-2026 (Unaudited)
- Total income
- -
Auditor's review
Conclusion: Unmodified
Notes to the results
- Scheme of Merger of the Company with Lodha Developers Limited, its Holding Company, shared with NCLT Mumbai on 11 June 2026, approved by shareholders on 9 October 2026; awaiting NCLT sanction, not yet effective.
What the Board decided
- The Board met on Thursday, October 22, 2026, and approved the unaudited financial results for the quarter and half year ended September 30, 2026.
- The statutory auditors, Walker Chandiok & Co LLP, issued a Limited Review Report with an unmodified conclusion, meaning nothing came to their attention suggesting the statement contains a material misstatement or misses required disclosures.
How the results look (Rs. in lakhs, as printed)
- 'Revenue from operations' and 'Total income' are nil for the quarter and for the half year.
- 'Total expenses' were 6.04 for the quarter and 11.51 for the half year, made up mainly of employee benefits expense of 1.15 and other expenses of 4.89 in the quarter.
- 'Loss for the period' was (6.04) for the quarter and (11.51) for the half year. The year ended 31-Mar-2026 shows 'Total income' of 120.75, 'Total expenses' of 140.53 and a loss of (30.70).
- 'Earnings per share (face value of Rs. 10 each)', basic and diluted, was (0.06) for the quarter.
Balance sheet as at 30-Sep-2026 (Rs. in lakhs)
- 'Total Assets' 3.54, against 5.88 as at 31-Mar-2026.
- Borrowings appear under current liabilities at 515.45; as at 31-Mar-2026 the figure of 507.45 sat under non-current liabilities.
- 'Equity Share Capital' 1,000.00 and 'Other Equity' (1,514.97).
Cash flow for the half year (Rs. in lakhs)
- Net cash used in operating activities (11.63).
- Proceeds from borrowings 8.00.
- Net decrease in cash and cash equivalents (3.63), with closing cash and cash equivalents of 1.65.
Merger update flagged in the notes
- The Scheme of Merger of the Company with Lodha Developers Limited, its Holding Company, was shared with the Hon'ble NCLT, Mumbai Bench on 11 June 2026 and approved by the requisite majority of equity shareholders on 9 October 2026.
- The Scheme is awaiting final sanction by the NCLT and has not yet become effective, so it does not affect these numbers.
Business note
- The company states it operates in a single reportable segment, Real Estate Development, with all operations within India.
What a retail investor can take away
- The auditor has signed off the quarter's numbers without flagging an issue, and the company remains loss-making at the operating level, with nil revenue from operations for the period.
- The pending merger with the holding company is the main corporate event in this update; approval by shareholders is in, and the NCLT's final sanction is what the Scheme still awaits.
Also from Roselabs Finance
Board meeting on October 22, 2026 to consider and approve unaudited financial results
14 Oct 2026
Equity shareholders pass special resolution approving scheme of merger by absorption at NCLT-convened meeting
9 Oct 2026
More numbers
- Revenue from operations, year ended 31-Mar-2026 (Rs in lakhs)120.75
- Loss for the period, half year ended 30-Sep-2026 (Rs in lakhs)(11.51)
- Total expenses, quarter ended 30-Sep-2026 (Rs in lakhs)6.04
- Total assets as at 30-Sep-2026 (Rs in lakhs)3.54
- Borrowings under current liabilities as at 30-Sep-2026 (Rs in lakhs)515.45
- Cash and cash equivalents as at 30-Sep-2026 (Rs in lakhs)1.65
- Paid-up equity share capital as at 30-Sep-2026 (Rs in lakhs)1,000.00
- Total income, latest quarter- (₹ in Lakhs)
- Total income, year-ago quarter- (₹ in Lakhs)
- Total income, previous quarter- (₹ in Lakhs)
- Total comprehensive income, latest quarter(6.04) (₹ in Lakhs)
- Total comprehensive income, year-ago quarter(5.98) (₹ in Lakhs)
- Total comprehensive income, previous quarter(5.47) (₹ in Lakhs)
- Profit after tax, latest quarter(6.04) (₹ in Lakhs)
- Profit after tax, year-ago quarter(5.98) (₹ in Lakhs)
- Profit after tax, previous quarter(5.47) (₹ in Lakhs)
- Revenue from operations, latest quarter- (₹ in Lakhs)
- Revenue from operations, year-ago quarter- (₹ in Lakhs)
- Revenue from operations, previous quarter- (₹ in Lakhs)
- Profit before tax, latest quarter(6.04) (₹ in Lakhs)
- Profit before tax, year-ago quarter(5.98) (₹ in Lakhs)
- Profit before tax, previous quarter(5.47) (₹ in Lakhs)
Source: BSE · 22 Oct 2026
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