Valor Estate Limited (formerly D B Realty Limited) announced the approval of its unaudited standalone and consolidated financial results for the first quarter and three months ended June 30, 2026. The board also approved the appointment of M/s. Mehta Chokshi & Shah LLP as its new Statutory Auditors for a five-year term, commencing from the conclusion of the 20th AGM in 2026, subject to shareholder approval. The appointment of the new auditors follows the completion of the term for the existing auditors, M/s. N. A. Shah Associates LLP.
Valor Estate Approves Q1 FY27 Financials
Valor Estate Limited, previously known as D B Realty Limited, has officially approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors, in their meeting held on August 14, 2026, reviewed and accepted these results, along with the accompanying limited review report from the statutory auditors.
New Statutory Auditors Appointed
Following a recommendation from the Audit Committee, the Board has approved the appointment of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants, as the company’s new Statutory Auditors. This appointment is for an initial term of 5 consecutive years, starting from the conclusion of the 20th Annual General Meeting (AGM) in 2026 and continuing until the conclusion of the 25th AGM in 2031. This appointment is contingent upon the approval of the shareholders at the upcoming 20th AGM.
Transition from Existing Auditors
The company also noted that its current Statutory Auditors, M/s. N. A. Shah Associates LLP, appointed for a five-year term starting at the 15th AGM on September 30, 2021, will complete their tenure at the conclusion of the 26th AGM in 2026. Details concerning these appointments are provided in Annexure I.
Financial Highlights (Unaudited Standalone)
The unaudited standalone financial results for the quarter ended June 30, 2026, indicate a Profit/(loss) before tax of (₹2,144.02) lakhs and a Profit/(loss) for the period of (₹2,168.63) lakhs. Total comprehensive income stood at (₹2,172.02) lakhs.
Financial Highlights (Unaudited Consolidated)
On a consolidated basis, the results for the quarter ended June 30, 2026, show a Profit/(Loss) before tax of (₹118.65) lakhs and a Profit/(Loss) for the period of (₹132.87) lakhs. Total comprehensive income amounted to (₹135.87) lakhs.
Source: BSE
