Radhe Developers (India) Limited has announced the outcome of its Board Meeting held on November 06, 2026. The Board considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026. These results have been reviewed by the company’s auditors, and the limited review report is also enclosed. The financial statements are prepared in accordance with applicable accounting standards.
Board Approves Financial Results
Radhe Developers (India) Limited has officially released its unaudited financial results for the quarter and half-year ended September 30, 2026. The approval came during a meeting of the Board of Directors held on Friday, November 06, 2026.
Key Financial Highlights
The statement of standalone financial results for the quarter ended September 30, 2026, shows a Revenue from operations of ₹3.06 Lakhs and a net loss of (₹116.99 Lakhs). For the half-year ended September 30, 2026, the company reported a Revenue from operations of ₹4.79 Lakhs and a net loss of (₹236.86 Lakhs). The total expenses for the quarter were ₹119.47 Lakhs, and for the half-year, they were ₹239.91 Lakhs.
The balance sheet as of September 30, 2026, indicates total assets of ₹14404.44 Lakhs and total equity and liabilities of the same amount. Key assets include Property Plant and Equipment, Investments, and various current assets like inventories and trade receivables. Liabilities comprise borrowings, provisions, and trade payables.
Auditor’s Limited Review
A limited review report from S Parth & Co, Chartered Accountants, accompanies the financial results. The auditors stated that based on their review, nothing has come to their attention that causes them to believe that the accompanying unaudited financial results prepared in accordance with applicable accounting standards and recognized accounting practices have not disclosed the information required. However, they noted that no provision has been made in the quarterly results for gratuity, which is not in accordance with accounting prescribed under Ind AS 19.
Operational Segments
The company’s operations fall under the Construction business, which is considered its only reportable segment by management. Consolidated financial statements are not applicable to Radhe Developers (India) Limited.
Source: BSE
