Ansal Buildwell Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a substantial loss of ₹5,978.35 lakh for the quarter and ₹5,965.26 lakh for the half-year, primarily due to an exceptional write-off of ₹5,825.00 lakh related to an investment and business advances in its subsidiary, Ansal Crown Infrabuild Private Limited, which has undergone insolvency proceedings.
Ansal Buildwell Reports Significant Loss Driven by Subsidiary Insolvency
Ansal Buildwell Limited has released its unaudited financial results for the quarter and half-year ending September 30, 2026. The company experienced a considerable net loss, reporting ₹5,978.35 lakh for the quarter ended September 30, 2026, and ₹5,965.26 lakh for the corresponding half-year period. This downturn is largely attributed to a significant write-off under exceptional items.
Exceptional Write-off Impacts Financials
The primary driver behind the reported losses is an exceptional write-off of ₹5,825.00 lakh recognized in the standalone statement of profit and loss. This write-off pertains to the company’s investment of ₹34.01 crore in equity shares and business advances of ₹24.89 crore made to its 100% subsidiary, Ansal Crown Infrabuild Private Limited. The subsidiary was admitted into Corporate Insolvency Resolution Process (CIRP) following an order dated April 21, 2023, by the National Company Law Tribunal (NCLT). Subsequently, the NCLT approved a resolution plan on July 2, 2026.
Furthermore, in the consolidated financial statements, a loss of ₹2,653.93 lakh on derecognition of assets and liabilities of Ansal Crown Infrabuild Private Limited, along with a net loss of ₹3,171.07 lakh on account of investment, was recognized under exceptional items, totaling ₹5,825.00 lakh for the consolidated period.
Standalone Performance Highlights
In the standalone statement of financial results, the company reported a profit before exceptional items and tax of (₹148.97) lakh for the quarter and ₹81.51 lakh for the half-year. However, the substantial exceptional item led to a profit before tax of (₹6,039.89) lakh for the quarter and (₹5,809.41) lakh for the half-year. The profit/(loss) for the standalone period stood at (₹5,978.35) lakh for the quarter and (₹5,788.53) lakh for the half-year.
Consolidated Performance Highlights
On a consolidated basis, the company recorded a profit before exceptional items and share of profit/(loss) of associate and joint ventures of (₹219.63) lakh for the quarter and ₹105.91 lakh for the half-year. After accounting for exceptional items of ₹5,825.00 lakh, the profit/(loss) before tax for the consolidated period was (₹6,044.63) lakh for the quarter and (₹5,719.09) lakh for the half-year. The consolidated profit/(loss) for the period was (₹5,983.21) lakh for the quarter and (₹5,459.70) lakh for the half-year.
Balance Sheet Snapshot
As of September 30, 2026, Ansal Buildwell Limited reported total assets of ₹38,187.52 lakh (standalone) and ₹39,281.33 lakh (consolidated). Total equity stood at ₹6,603.21 lakh (standalone) and ₹7,490.67 lakh (consolidated). The company’s total liabilities were ₹31,584.31 lakh (standalone) and ₹31,790.66 lakh (consolidated).
Cash Flow Insights
The standalone statement of cash flow for the year ended September 30, 2026, shows a net cash used in operating activities of (₹1,041.90) lakh. Cash used in investing activities was (₹458.37) lakh, and cash used in financing activities was ₹1,492.12 lakh. This resulted in a net decrease in cash and cash equivalents of (₹1,361.04) lakh for the period.
Source: BSE
