Madhucon Projects has closed the trading window in its shares effective October 1, 2026. The restriction applies until 48 hours after the declaration of un-audited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026.

Regulatory compliance and timeline

The company issued this notice to both the Bombay Stock Exchange and the National Stock Exchange on September 26, 2026. The closure is mandated under Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and aligns with the company’s internal Code of Conduct.

The trading window remains closed to all directors, key managerial personnel, and designated persons of the company. This measure prevents insider trading during the sensitive period leading up to the release of quarterly earnings.

Board meeting schedule

The date for the board meeting to consider the Q2FY27 financial results has not yet been finalized. Madhucon Projects stated that the specific date will be intimated to the exchanges in due course. Investors should monitor subsequent filings for the exact board meeting date and the subsequent result announcement.

Madhucon Projects reported a standalone net profit of ₹1,112.23 lakh for FY26, marking a turnaround from the net loss of ₹2,104.41 lakh recorded in FY25. Despite this improvement at the parent company level, the group reported a significant consolidated net loss of ₹46,997.54 lakh, compared to a loss of ₹52,324.28 lakh in the previous year.

The company's total standalone income fell to ₹66,146.80 lakh from ₹85,592.45 lakh in FY25. This decline was driven by a drop in revenue from operations to ₹46,407.81 lakh from ₹58,032.49 lakh. Other income also contracted sharply to ₹19,738.99 lakh from ₹27,559.97 lakh, reflecting lower benefits from one-time settlements and write-backs.

Financial Performance

On a consolidated basis, revenue from operations declined to ₹55,177.12 lakh from ₹67,656.13 lakh. Total expenses for the group stood at ₹122,233.25 lakh, down from ₹152,884.07 lakh in FY25. The reduction in expenses helped narrow the consolidated loss year-on-year.

What the Numbers Show

The divergence between standalone profitability and consolidated losses highlights the financial strain on the group's subsidiaries. While the parent entity managed to reduce costs and record a profit, the consolidated statement reflects heavy depreciation and amortization charges of ₹52,292.52 lakh. This non-cash expense significantly impacted the group's bottom line, underscoring the capital-intensive nature of its infrastructure assets.

Corporate Governance and AGM

The company will hold its 36th Annual General Meeting on Tuesday, September 29, 2026, at 3:00 pm at its registered office in Khammam. Key agenda items include:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Mr. K. Venkateswarlu as a director.
• Appointment of M/s B. Nursing Rao & Co LLP as statutory auditors for three years.
• Ratification of the appointment of Mr. Prithvi Teja Nama as a director and Mr. Shankara Rao Kadambala as an independent director.

The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026. No dividend was declared for the financial year ended March 31, 2026.