Binny Limited reported a 15.8% rise in standalone net profit to ₹115.48 crore for the quarter ended December 31, 2025, supported by a significant increase in revenue from operations. The company's revenue from operations for the quarter stood at ₹190.83 crore, compared to ₹144.26 crore in the preceding quarter ended September 30, 2025. For the nine months ended December 31, 2025, the net profit was ₹252.38 crore on a total income of ₹444.35 crore.

The Board of Directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025, at a meeting held on June 20, 2026. The results were reviewed by the Audit Committee and are subject to a Limited Review Report by the statutory auditor. The company operates a single business segment focused on real estate.

Venkatesh & Co., Chartered Accountants, issued a qualified conclusion in their review report. The auditors noted that the company had advanced ₹2,918.05 lakhs to RRB Energy Limited, for which sufficient appropriate audit evidence supporting recoverability was not provided. No impairment has been considered in the financial results, though the company has filed an application before the National Company Law Tribunal (NCLT), New Delhi, seeking initiation of insolvency proceedings against the party. The tribunal admitted the application on February 19, 2026.

Additionally, the auditors highlighted a sale agreement with M/s Sankhlecha Infra Projects Private Ltd for a total consideration of ₹4,170 lakhs. While possession of the land was handed over and construction completed, the company has not recognised revenue in accordance with Ind AS 115 due to the non-receipt of the balance consideration of ₹1,912.00 lakhs. The management stated that revenue would be recognised upon receipt of the balance amount and execution of the sale deed.

The financial results include revenue recognised under a Second Amended and Reinstated Joint Development Agreement dated August 6, 2025, amounting to ₹4,189.44 lakhs. This settlement, valued using the Discounted Cash Flow method, involves a lump sum payment for Phase I development and an area-sharing model for Phase II. The company also reported progress on the implementation of a settlement scheme with M/s Mohan Breweries and Distilleries Limited, including the sale of windmill and Chengalpet lands.

Standalone Financial Results (INR in Lakhs)

Binny Limited has scheduled a board meeting on June 20, 2026, to consider and approve the unaudited financial results for the quarter ended December 31, 2025. The meeting will be held to review the company's performance for Q3FY26 and take the results on record.

The intimation was sent to BSE Limited pursuant to Regulation 29(1)(a) and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exchange has been requested to note the scheduled meeting.

Meeting Details

The filing was signed by B. Sathyanarayanan, Whole Time Director of Binny Limited. The company's registered office is located at No.1, Cooks Road, Perambur, Chennai - 600 012.