Parshwanath board to meet on May 28 to consider Q4FY26 results

Parshwanath Corporation Limited has announced that its board meeting will be held on Thursday, May 28, 2026. The meeting is scheduled to take place at 4:00 P.M. at the company's registered office located at 50 Harisiddh Chambers, 3rd Floor, Ashram Road, Ahmedabad-380012, Gujarat, India.

Agenda for the Meeting

The primary purpose of the meeting is to transact business related to the company's financial performance. The board will consider and adopt the audited financial statements along with the report provided by the Statutory Auditor. This review covers the financial results for the quarter and the fiscal year ended on March 31, 2026.

Additionally, the board may discuss any other matters with the permission of the board members. The intimation was submitted in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

Detail	Information
Date	May 28, 2026
Time	4:00 P.M.
Location	50 Harisiddh Chambers, 3rd Floor, Ashram Road, Ahmedabad-380012
Purpose	Consideration of audited financial results for Q4 and FY26

The notice was signed by Mrs. Riddhiben R. Patel, Joint Managing Director & CFO of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.15%	-9.52%	-4.98%	-5.05%	-26.95%	+229.86%

Parshwanath Corporation Limited submitted its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, revealing a challenging third quarter performance. The Ahmedabad-based construction and housing development company faced operational headwinds while maintaining overall profitability for the nine-month period.

Financial Performance Overview

The company's Q3FY26 results showed contrasting trends across different income streams and periods:

Metric	Q3FY26	Q3FY25	Change
Revenue from Operations	Rs. (2.71) lakhs	Rs. 6.74 lakhs	Negative
Other Income	Rs. 25.65 lakhs	Rs. 20.63 lakhs	+24.3%
Total Income	Rs. 22.94 lakhs	Rs. 27.37 lakhs	-16.2%
Net Profit/(Loss)	Rs. (7.70) lakhs	Rs. 7.38 lakhs	Loss

Nine-Month Performance Comparison

Despite the quarterly setback, the company's nine-month performance showed resilience:

Parameter	9M FY26	9M FY25	Variance
Revenue from Operations	Rs. 50.61 lakhs	Rs. 57.73 lakhs	-12.3%
Other Income	Rs. 55.90 lakhs	Rs. 60.82 lakhs	-8.1%
Total Income	Rs. 106.51 lakhs	Rs. 118.55 lakhs	-10.2%
Net Profit	Rs. 32.65 lakhs	Rs. 54.54 lakhs	-40.1%

Expense Analysis and Tax Impact

Total expenses for Q3FY26 increased to Rs. 21.24 lakhs from Rs. 19.44 lakhs in the previous year quarter. Employee benefit expenses rose to Rs. 14.11 lakhs compared to Rs. 10.29 lakhs year-over-year. The company benefited from an impairment gain of Rs. 9.61 lakhs on financial assets during the quarter.

A significant factor affecting quarterly profitability was the substantial tax burden of Rs. 19.01 lakhs, which included Rs. 11.87 lakhs as adjustment of earlier years taxes. This compared to just Rs. 1.20 lakhs in tax expenses during Q3FY25.

Earnings Per Share and Capital Structure

The company reported a basic and diluted loss per share of Rs. (0.25) for Q3FY26, contrasting with earnings per share of Rs. 0.24 in the corresponding quarter of the previous year. The paid-up equity share capital remained stable at Rs. 313.18 lakhs with a face value of Rs. 10 per share.

Regulatory Compliance and Business Segment

The financial results were prepared in accordance with Indian Accounting Standards and reviewed by the Audit Committee before Board approval on February 13, 2026. The company operates in a single segment focused on construction and development of housing projects. Management has evaluated the impact of new labour codes that became effective on November 21, 2025, and incorporated the estimated financial impact in the current results.