Bharat Global Developers Ltd has informed the Bombay Stock Exchange that its board meeting is scheduled to be held on Friday, May 29, 2026. The meeting will take place at the Registered Office of the company to discuss various agenda items.

Agenda for the Meeting

The primary purpose of the meeting is to consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026, along with the audited report. This disclosure is made pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Other Matters

Apart from the financial results, the board will also consider any other matter with the permission of the chairman. The intimation was signed by Keyurkumar Pravinbhai Patel, Managing Director of the company.

Bharat Global Developers Limited (formerly known as Kkrrafton Developers Ltd) has submitted revised unaudited standalone financial results for the quarter and nine months ended December 31, 2025, to the Bombay Stock Exchange. The company reported a significant decline in financial performance during the third quarter of FY26, recording a net loss compared to the profitable performance in the corresponding period of the previous year.

Financial Performance Overview

The company's financial results for Q3 FY26 show a marked deterioration in operational performance. The most striking aspect of the results is the complete absence of revenue from operations during the quarter, which stood at zero compared to ₹27,602.66 lakhs in Q3 FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Bharat Global Developers achieved revenue from operations of ₹2,610.79 lakhs, significantly lower than ₹54,642.86 lakhs recorded in the corresponding period of FY25. Despite the revenue decline, the company maintained profitability for the nine-month period with a net profit of ₹121.26 lakhs, though this was substantially lower than the ₹1,404.03 lakhs profit achieved in the previous year.

Segment-wise Revenue Distribution

The company operates across multiple business segments, with segment-wise revenue showing varied performance patterns. For Q3 FY26, all segments reported zero revenue, while the nine-month period showed concentration in agricultural products, which generated ₹2,610.79 lakhs in revenue. Other segments including construction material, gold, textile, and electronics recorded no revenue during the nine-month period.

Expense Management and Profitability

During Q3 FY26, total expenses amounted to ₹38.63 lakhs, primarily comprising depreciation expenses of ₹1.75 lakhs and other expenses of ₹36.88 lakhs. The absence of revenue resulted in a pre-tax loss of ₹38.63 lakhs. After accounting for deferred tax benefit of ₹0.16 lakhs, the net loss for the quarter stood at ₹38.47 lakhs.

Capital Structure and Share Information

The company maintains a stable capital structure with paid-up equity share capital of ₹10,125.96 lakhs, consisting of shares with a face value of ₹10.00 each. The earnings per share for Q3 FY26 was negative ₹0.04 on both basic and diluted basis, compared to positive ₹0.14 in the corresponding quarter of the previous year.

Regulatory Compliance and Audit

The revised financial results were submitted following discrepancies identified by the stock exchange regarding the format compliance with Ind-AS standards. The unaudited financial results have been reviewed by statutory auditors R.B. Gohil & Co. Chartered Accountants and were approved by the Audit Committee on February 13, 2026, followed by Board approval on the same date.