Ashima Limited returned to profitability in the quarter ended June 30, 2026, reporting a consolidated net profit of ₹193 lakh. This marks a significant turnaround from the net loss of ₹694 lakh posted in the corresponding quarter of the previous year. The company's revenue from operations for the quarter stood at ₹833 lakh, a sharp increase from ₹277 lakh in the same period last year, driven largely by strong performance in its Investment segment.

On a standalone basis, the company recorded a net profit of ₹133 lakh for Q1FY27, compared to a net loss of ₹281 lakh in the quarter ended June 30, 2025. Standalone revenue from operations increased to ₹774 lakh from ₹244 lakh in the prior year quarter. The Board of Directors approved the unaudited financial results for the period at its meeting held on July 18, 2026.

The financial performance was bolstered by the Investment segment, which reported a segment revenue of ₹516 lakh in the consolidated results, up from ₹244 lakh in the previous year. The Real Estate segment contributed ₹258 lakh to the revenue. The company's total consolidated income for the quarter was ₹1,009 lakh, while total expenses were ₹756 lakh.

Segment Performance

The company operates across reportable segments including Real Estate, Investment, and Investment Management & Advisory Services. The Investment segment was the primary driver of profitability, while the Real Estate segment reported a loss before interest and tax of ₹67 lakh in the consolidated results for the quarter.

The results also include figures from discontinued operations related to cotton textile operations, which were discontinued in the financial year 2024-25. The loss from discontinued operations for the quarter was ₹50 lakh on a consolidated basis.

Financial Review

The company's earnings per share (EPS) for the consolidated entity improved to ₹0.10 for the quarter from a loss of ₹0.13 in the previous year. The basic and diluted EPS for continuing operations was ₹0.13. The statutory auditors, M/s Mukesh M. Shah & Co., provided a limited review report confirming that nothing came to their attention that would suggest the financial statements contained material misstatements.

The paid-up share capital of the company remained unchanged at ₹19,166 lakh. The financial results were prepared in accordance with the Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee prior to Board approval.

Ashima Limited has scheduled its 43rd Annual General Meeting (AGM) for Thursday, August 6, 2026, at 11:30 a.m. via Video Conferencing or Other Audio Visual Means. The company has announced a book closure from Thursday, July 30, 2026, to Thursday, August 6, 2026, both days inclusive, to determine the eligibility of members for the meeting. The cut-off date for determining members eligible to vote on resolutions or attend the meeting is Thursday, July 30, 2026.

The Register of Members and Share Transfer Books will remain closed during this period in compliance with Section 91 of the Companies Act 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting rights of members will be in proportion to their share in the paid-up equity share capital of the company.

The company is providing the facility to members holding shares in physical or dematerialized form to exercise their right to vote by electronic means. This includes remote e-voting and e-voting during the AGM, as per Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management & Administration) Rules, 2014, and Regulation 44 of the Listing Regulations. The remote e-voting period will commence on Monday, August 3, 2026, at 9:00 a.m. and end on Wednesday, August 5, 2026, at 5:00 p.m.

Mr. Tapan Shah, Practicing Company Secretary (Membership No. FCS: 4476; CP No. 2839), has been appointed as Scrutinizer for conducting the remote e-voting and e-voting during the AGM. The information was submitted to BSE Limited and National Stock Exchange of India Ltd and signed by Harshil Shah, Company Secretary and Compliance Officer, on July 15, 2026.