Alpine Housing Development Limited has scheduled its 33rd annual general meeting for Tuesday, September 29, 2026. The event will be conducted through videoconferencing starting at 11:00 am.

The Board of Directors approved the convening of the meeting during its session on Tuesday, September 1, 2026. The board also appointed Mr. Ashok Kumar Tripathy, a practicing company secretary, as the scrutinizer for e-voting at the AGM.

Board Meeting Details

The board meeting commenced at 3:30 pm and concluded at 4:00 pm on September 1, 2026. The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Part A Schedule III.

Kurian Zacharias, Company Secretary and Compliance Officer, confirmed the outcomes in a communication to the BSE Limited.

Alpine Housing Development Corporation reported a sharp year-on-year recovery in profitability for the quarter ended June 30, 2026. The real estate developer posted a net profit after tax of ₹1.95 crore, a significant improvement from the ₹55.55 lakh profit recorded in the corresponding quarter of FY25.

The company’s total income from operations stood at ₹16.76 crore for Q1FY27, down from ₹20.93 crore in the preceding quarter but marginally lower than the ₹17.33 crore logged in Q1FY26. This revenue contraction coincided with a substantial expansion in net margins, highlighting improved cost efficiency or project mix optimization during the period.

Financial Performance Overview

The unaudited results filed with stock exchanges reveal a clear divergence between quarterly and annual performance metrics. While the current quarter showed strong YoY growth, it represented a sequential decline from the March 2026 quarter.

Net profit before tax rose to ₹234.29 lakh in Q1FY27, compared to ₹51.59 lakh in the same quarter last year. This represents a more than four-fold increase in pre-tax earnings. Earnings per share (EPS) also reflected this turnaround, climbing to ₹1.12 per share from ₹0.32 in Q1FY26.

What the Numbers Show

The data reveals a notable margin expansion despite lower top-line revenue compared to the previous quarter. While total income fell by approximately 19.9% sequentially from Q4FY26 to Q1FY27, net profit before tax declined by a lesser proportion, suggesting fixed cost absorption or higher-margin project completions in the current period. Furthermore, the absence of exceptional or extraordinary items indicates that the entire profit surge was derived from core operational activities.

The full-year FY26 context shows that Q1FY27’s revenue of ₹16.76 crore accounts for roughly 22% of the previous fiscal year’s total income of ₹75.78 crore. The company’s equity share capital remained unchanged at ₹17.32 crore throughout the reporting periods.

The results were prepared in accordance with IND AS prescribed under Section 133 of the Companies Act, 2013. The Board of Directors approved the financials on August 13, 2026, with S A Kabeer, Chairman and Managing Director, signing off on the statement. The detailed results are available on the company’s website and the BSE exchange portal.