Ansal Buildwell Limited has reported its unaudited financial results for the quarter and half-year ended September 30, 2026. The company incurred a substantial loss due to the write-off of an investment of ₹34.01 crore and business advances of ₹24.89 crore related to its 100% subsidiary, Ansal Crown Infrabuild Private Limited, which has undergone corporate insolvency resolution. This resulted in significant exceptional items impacting the profit for the period.
Ansal Buildwell’s Financial Update for Q2 FY27
Ansal Buildwell Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company detailed a significant financial impact stemming from the insolvency proceedings of its 100% subsidiary, Ansal Crown Infrabuild Private Limited.
Impact of Subsidiary Insolvency
Following the approval of the resolution plan for Ansal Crown Infrabuild Private Limited by the National Company Law Tribunal (NCLT) on July 2, 2026, Ansal Buildwell has written off its entire investment of ₹34.01 crore in the subsidiary’s equity shares. Additionally, business advances totaling ₹24.89 crore to the subsidiary have also been written off. These write-offs were recognized under Exceptional Items in the Standalone Statement of Profit and Loss.
On a consolidated basis, the company derecognized the assets and liabilities of Ansal Crown Infrabuild Private Limited, leading to a loss of ₹2653.93 lakh on derecognition and a further net loss of ₹3171.07 lakh on account of the investment. The total loss recognized under exceptional items in the Consolidated Statement of Profit & Loss for the period amounted to ₹5825.00 lakh.
Standalone Financial Highlights
For the quarter ended September 30, 2026, the standalone results show a profit before exceptional items and tax of ₹(148.97) lakh. However, due to the exceptional items, the profit before tax stood at ₹(6,039.89) lakh. The profit/(loss) for the standalone period after tax was ₹(5,978.35) lakh.
Consolidated Financial Highlights
The consolidated financial results for the quarter ended September 30, 2026, indicate a profit before exceptional items and share of profit/(loss) of associate and joint ventures of ₹(219.63) lakh. With the inclusion of exceptional items, the consolidated profit/(loss) before tax was significantly impacted, standing at ₹(6,044.63) lakh. The profit/(loss) for the consolidated period after tax was ₹(5,983.21) lakh.
Board Meeting
The Board of Directors approved these financial results at a meeting held on November 14, 2026. The meeting commenced at 12:00 Noon and concluded at 4:00 P.M.
Source: BSE
