B&B Realty Limited reported a standalone net loss of ₹18.40 lakh for the quarter ended June 30, 2026, widening significantly from a loss of ₹7.04 lakh in the corresponding period of FY25.

The Bengaluru-based developer submitted revised financial results to the Bombay Stock Exchange on August 18, 2026, following a query regarding its initial disclosure. The revision incorporated requirements for Other Comprehensive Income presentation as per Schedule III of the Companies Act, 2013.

Financial Performance

Revenue from operations stood at zero for Q1FY27, mirroring the preceding quarter’s performance. This contrasts with ₹18.27 lakh in operating revenue recorded in Q1FY25. Total income for the current quarter was limited to ₹0.03 lakh from other sources, down sharply from ₹16.20 lakh in the year-ago period.

Expenses totaled ₹18.43 lakh, comprising ₹12.54 lakh in employee benefits and ₹5.89 lakh in other expenses. While total expenses declined from ₹25.31 lakh in Q1FY25, the absence of operating revenue drove the loss expansion.

What the Numbers Show

The divergence between revenue collapse and persistent fixed costs highlights operational strain. Employee benefit expenses remained relatively stable at ₹12.54 lakh compared to ₹11.96 lakh in Q1FY25, despite operating revenue dropping to zero. This indicates that core staffing costs continue to consume cash reserves without offsetting income generation during the quarter.

Regulatory and Audit Details

The unaudited results were approved by the Board of Directors on August 14, 2026. A C M B & Co., the statutory auditors, conducted a limited review under Standard on Review Engagements (SRE) 2410. Partner Chiraag Mutha issued the review report on August 14, 2026, stating no material misstatements were found.

The company operates a single reportable business segment. Paid-up equity capital remained unchanged at ₹1,485.90 lakh. Basic earnings per share were (₹0.12), compared to (₹0.05) in the prior year quarter.

B&B Realty Limited has scheduled its 43rd Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will convene to adopt the audited standalone financial statements for FY26 and approve key administrative resolutions.

The Board of Directors approved the notice during a meeting held on September 4, 2026. The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars.

Auditor Appointment

A primary agenda item is the appointment of M/s. A C M B & Co., Chartered Accountants, as statutory auditors. The firm will fill a casual vacancy caused by the resignation of M/s. S R P C & Co LLP, which tendered its resignation on August 9, 2026.

M/s. A C M B & Co. holds Firm Registration Number 030487S and Peer Review Number 025777. The appointment, subject to shareholder approval, covers a term of five consecutive financial years from FY27 through FY31. Remuneration will be mutually agreed upon between the Board/Audit Committee and the auditors.

Director Re-appointment

Shareholders will also vote on the re-appointment of Mr. Gaurav Kumar Bhandari (DIN 01339056), who retires by rotation at this meeting. He is eligible and seeks re-appointment as a Director liable to retire by rotation.

Mr. Bhandari holds a Bachelor’s degree in Economics and Finance. He currently holds 10,04,800 shares in the company and is the brother of Managing Director Bharat Kumar Bhandari. He has no other directorships in public companies.

AGM Logistics and E-Voting

The meeting is scheduled for 12:00 noon on September 28, 2026. The record date for determining voting eligibility is Monday, September 21, 2026. The register of members and share transfer books will remain closed from September 22, 2026, to September 28, 2026.

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). The voting window opens on Friday, September 25, 2026, at 9:00 am and closes on Sunday, September 27, 2026, at 5:00 pm. Mr. Vikram Raj G A, a practicing company secretary, has been appointed as the scrutinizer for the e-voting process.

Members holding shares in demat mode can vote via their depository participants or directly through the NSDL e-voting portal. Physical shareholders must use their Folio Number and EVEN number for login. Proxy appointments are not permitted for this meeting, though body corporates may appoint authorized representatives.