DB Realty’s Board of Directors has approved the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025. The standalone results reflect a profit of ₹5,521.89 lakhs after tax for the quarter. The consolidated results show a profit of ₹996.64 lakhs after tax. Key updates involve a resettlement housing project approval and land conveyance in Malad.
Financial Performance Highlights
DB Realty (now Valor Estate Limited) announced its unaudited financial results for the quarter ended September 30, 2025. The board of directors officially approved the results on November 14, 2025.
Key Standalone Figures:
- Total Income: ₹7,107.17 lakhs
- Profit After Tax: ₹5,521.89 lakhs
Key Consolidated Figures:
- Total Income: ₹13,714.10 lakhs
- Profit After Tax: ₹996.64 lakhs
Project Updates and Developments
The company received approval from the Brihanmumbai Municipal Corporation (BMC) for a resettlement housing project with approximately 13,374 tenements. The company holds a 75% economic interest in this project.
The company also completed land conveyance to BMC, representing an intermediary contractual requirement. Transferable Development Rights (TDRs) were received, measured at fair value.
Malad Land Considerations
DB Realty has become unconditionally entitled to additional consideration related to the Malad land conveyance. This resulted in income recognition of ₹7,555.00 lakhs, with ₹5,000.00 lakhs received and ₹2,555.00 lakhs outstanding as of the reporting date.
Name Change
It’s important to note that D B Realty Limited is now known as Valor Estate Limited.
Source: BSE