Country Condos Limited reported a net profit of ₹59.41 lakh for the financial year ended March 31, 2026, with revenue from operations rising to ₹1,748.35 lakh. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. The meeting also approved the appointment of Mr. Sunkara Vijaya Kumar as Chief Financial Officer (CFO) and accepted the resignation of Mr. Upputuri Gandhi from the position of CFO due to health reasons.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹17.92 lakh on a total income of ₹367.69 lakh. In comparison, the net profit for the same period in the previous year was ₹8.87 lakh on a total income of ₹262.40 lakh. The basic and diluted earnings per share (EPS) for the quarter stood at ₹0.02. For the full year, the EPS was ₹0.08, unchanged from the previous year.

The auditors, M/s. P. Murali & Co., Chartered Accountants, issued an unmodified opinion on the financial results. The board also disclosed related party transactions, including remuneration paid to the Vice-Chairman & CEO.

Key Financial Metrics

Board Decisions

Pursuant to the recommendations of the Nomination and Remuneration Committee, the board appointed Mr. Sunkara Vijaya Kumar as CFO effective May 30, 2026. Mr. Kumar is a postgraduate with an MBA and holds 15 years of experience in finance and accounts. Simultaneously, the board accepted the resignation of Mr. Upputuri Gandhi as CFO, also effective May 30, 2026, citing unstable health conditions. The meeting was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Country condos Limited has received a compliance certificate from its registrar and share transfer agent, confirming adherence to regulatory requirements for dematerialization activities during the first quarter of 2026.

Compliance Certificate Details

Aarthi Consultants Private Limited, acting as the Category I Registrars & Share Transfer Agent, issued the compliance certificate dated April 3, 2026. The certificate validates compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period from January 1, 2026 to March 31, 2026.

Regulatory Compliance Actions

The certificate confirms that Aarthi Consultants completed all required dematerialization actions within the mandated 15-day timeframe upon receipt of security certificates from depository participants. The compliance actions undertaken include:

• Verification that dematerialized securities remain listed on the same stock exchanges as previously issued securities
• Mutilation and cancellation of physical security certificates forwarded by participants
• Substitution of the depository name as the registered owner in company records

About the Registrar

Aarthi Consultants Private Limited operates as a SEBI-registered Category I Registrars & Share Transfer Agent under registration number INR000000379. The company, incorporated with CIN U74140TG1992PTC014044, provides registrar and transfer agent services to listed companies. Jagan Mohan Gobburi serves as the Compliance Officer for the organization.

This compliance certificate demonstrates Country Condos Limited's adherence to SEBI's depositories regulations and ensures proper maintenance of investor records during the dematerialization process.