Hemisphere Properties India Limited’s Board of Directors has approved the Unaudited Standalone Financial Results for the period ended September 30, 2026. The results were taken on record following a limited review by the Statutory Auditor, Aggarwal & Rampal, who issued an unmodified opinion. The board meeting concluded on November 5, 2026.
Hemisphere Properties India Limited Board Approves Financial Results
The Board of Directors of Hemisphere Properties India Limited convened a meeting on Thursday, November 05, 2026, during which they considered and approved the Unaudited Standalone Financial Results of the Company for the period ended on September 30, 2026. These results have been formally approved and taken on record by the Board.
Statutory Auditor’s Report
It is noted that the Statutory Auditor, M/s Aggarwal & Rampal, Chartered Accountants, has provided a Limited Review Report on these financial results. The auditor’s opinion was unmodified, indicating that the financial statements are presented fairly, in all material respects. The financial statements are also accessible on the company’s website, www.hpil.co.in.
Meeting Details
The Board meeting commenced at 4:00 PM and concluded at 5:10 PM on the same day.
Financial Highlights (Unaudited)
Statement of Assets and Liabilities as of September 30, 2026
The Statement of Assets and Liabilities as of September 30, 2026, shows total assets of ₹119,070.41 Lakhs, compared to ₹116,284.53 Lakhs as of March 31, 2026. Total Equity and Liabilities stood at ₹119,070.41 Lakhs as of September 30, 2026.
Statement of Profit and Loss for the Six Months Ended September 30, 2026
For the six months ended September 30, 2026, the company reported a Profit/(Loss) Before Tax of (₹668.48 Lakhs), compared to (₹626.05 Lakhs) for the six months ended September 30, 2025. The Total Comprehensive Income for the period was (₹668.48 Lakhs) for the six months ended September 30, 2026.
Cash Flow Statement for the Half Year Ended September 30, 2026
The Unaudited Cash Flow Statement for the half-year ended September 30, 2026, indicates Net Cash from Operating Activities of ₹2471.20 Lakhs. Net cash used in investing activities amounted to (₹2470.20 Lakhs), and Net cash from financing activities was ₹7399.17 Lakhs.
Notes to the Financial Statement
- The financial statements have been prepared in compliance with Indian Accounting Standards (Ind-AS) and relevant regulations.
- A significant land parcel sale transaction in Pune is detailed, with an advance payment of ₹160.1250 crore received.
- A reclassification of stamp duty from Investment Property to Inventory has been accounted for.
Source: BSE
