ladam affordable housing reported a consolidated net loss of ₹6.461 lakh for the quarter ended June 30, 2026, compared to a loss of ₹9.324 lakh in the corresponding period of the previous year. The standalone loss for the quarter narrowed to ₹7.066 lakh from ₹9.453 lakh in Q1FY25. Total revenue from operations remained nil for both standalone and consolidated segments, while other income stood at ₹5.738 lakh on a consolidated basis.

The Board of Directors approved the unaudited standalone and consolidated financial results along with the Limited Review Report at its meeting held on July 22, 2026. The trading window for the company will open 48 hours after the announcement of the results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Subsidiary Status and Write-offs

The Limited Review Report highlighted that Ladam Foods Private Limited, a subsidiary, and Lacon India Limited, an associate company, are under the process of being struck off from the Register of Companies under Section 248 of the Companies Act, 2013. Subsequent to the balance sheet date, the strike-off of Ladam Foods Private Limited was formally confirmed by the Ministry of Corporate Affairs on July 7, 2026, causing it to cease to exist as a legal entity. The strike-off of Lacon India Limited remains pending.

The company has already written off the investments held in, and loans and advances extended to, both Ladam Foods Private Limited and Lacon India Limited in its books of accounts. This write-off was carried out in an earlier period and was reported in the Limited Review Report for the previous quarter.

Financial Performance

Total expenses for the consolidated segment decreased to ₹12.199 lakh in Q1FY26 from ₹14.079 lakh in the same quarter last year. Employee benefit expenses were recorded at ₹3.000 lakh, while other expenses stood at ₹9.1990 lakh. The company reported a basic and diluted earnings per share (EPS) of (₹0.035) on a consolidated basis for the quarter.

The financial results were reviewed by the Audit Committee and approved by the Board. There were no changes in the accounting policies of the company during the period under review.

Ladam Affordable Housing is exempt from disclosing Related Party Transactions for the financial year ended March 31, 2026, due to its paid-up capital and net worth falling below the thresholds mandated by the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this non-applicability to BSE Limited on May 28, 2026, confirming that its financial metrics do not meet the criteria requiring such compliance under Regulation 23(9).

The exemption follows the company's assessment of its financial position as on the last day of the previous financial year ended March 31, 2025. According to the filing, the paid-up equity share capital of the company stood at ₹9,15,23,000, which is less than the required ₹10 crore. Additionally, the net worth was recorded at ₹24,54,36,849, falling short of the ₹25 crore limit prescribed under Regulation 15 of the SEBI (LODR) Regulations, 2015.

Financial Metrics vs Regulatory Thresholds

The following table details the company's financial figures against the regulatory limits for the period ended March 31, 2025:

Since both the paid-up share capital and net worth are below the specified limits, the provisions of Regulation 23(9) are not applicable to the company for FY26. Consequently, the company is not required to submit disclosures regarding Related Party Transactions for the said financial year. The filing was signed by Khushbu Yadav, Company Secretary and Compliance Officer.