Peninsula Land Limited reported a wider consolidated net loss after tax of ₹772 lakhs for the quarter ended June 30, 2026, compared to a loss of ₹503 lakhs in the corresponding quarter of the previous year. Consolidated revenue from operations declined to ₹2,340 lakhs from ₹3,747 lakhs in Q1FY26. The Board of Directors approved these unaudited financial results at its meeting held on August 12, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone financial performance

On a standalone basis, Peninsula Land posted a net loss after tax of ₹605 lakhs for Q1FY27, marginally wider than the ₹581 lakhs loss recorded in Q1FY26. Standalone revenue from operations fell to ₹2,270 lakhs from ₹3,684 lakhs in the year-ago quarter. Total standalone income, including other income of ₹267 lakhs, stood at ₹2,537 lakhs, down from ₹4,275 lakhs in Q1FY26. Total standalone expenses rose to ₹3,337 lakhs from ₹4,213 lakhs in Q1FY26, with finance costs declining sharply to ₹745 lakhs from ₹1,322 lakhs YoY.

Standalone exceptional items for Q1FY27 reflected a reversal of ₹195 lakhs on account of loans to subsidiaries, joint ventures and associates, compared to an impairment of ₹643 lakhs in Q1FY26.

Consolidated financial performance

At the consolidated level, total income for Q1FY27 stood at ₹2,639 lakhs, down from ₹4,349 lakhs in Q1FY26. Total consolidated expenses were ₹3,407 lakhs against ₹4,266 lakhs in the year-ago quarter. The share of net loss from associates and joint ventures accounted for using the equity method was ₹254 lakhs in Q1FY27, compared to ₹1 lakh in Q1FY26. Loss before exceptional items and tax stood at ₹1,022 lakhs for Q1FY27 versus a profit of ₹82 lakhs in Q1FY26.

Consolidated exceptional items for Q1FY27 included a reversal of ₹250 lakhs related to loans to joint ventures and associates, compared to an impairment of ₹585 lakhs in Q1FY26. Loss attributable to owners of the company was ₹764 lakhs, while the non-controlling interest accounted for a loss of ₹8 lakhs.

Subsidiary and auditor disclosures

The consolidated results encompass Peninsula Land as the holding company along with its subsidiaries, step-down subsidiaries, joint ventures and one associate. The statutory auditor, S R B C & CO LLP (ICAI Firm Registration No. 324982E/E300003), conducted a limited review of both the standalone and consolidated financial results. Seven subsidiaries with reviewed interim results contributed total revenues of ₹70 lakhs, net profit after tax of ₹8 lakhs, and total comprehensive income of ₹8 lakhs for the quarter. Sixteen subsidiaries and five joint ventures, whose results were not reviewed by their respective auditors, reported total revenues of nil and a total loss after tax of ₹2 lakhs for the quarter. Two joint ventures, Hem Infrastructure and Development Private Limited and Hem-Bhattad (AOP), are not consolidated with effect from July 14, 2025, following the commencement of the Corporate Insolvency Resolution Process.

The company is primarily engaged in real estate development, which constitutes the only reportable segment under Ind AS 108. The paid-up equity share capital remained unchanged at ₹6,641 lakhs, with a face value of ₹2 per share.

Peninsula Land Limited has announced that its 154th Annual General Meeting (AGM) will be held on Thursday, August 27, 2026, at 03:00 p.m. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the Companies Act, 2013, SEBI Listing Regulations, and Ministry of Corporate Affairs (MCA) circulars. This virtual format ensures accessibility for all shareholders while adhering to regulatory standards for corporate governance.

The company has enabled remote e-voting to facilitate shareholder participation before and during the meeting. Shareholders holding shares as of the cut-off date, Thursday, August 20, 2026, are eligible to cast their votes. The remote e-voting facility is managed by National Securities Depository Limited (NSDL). The voting window commences on Sunday, August 23, 2026, at 9:00 a.m. and concludes on Wednesday, August 26, 2026, at 5:00 p.m. Votes cast during this period will be counted alongside those cast during the live meeting.

E-Voting Schedule and Eligibility

Shareholders must ensure they are registered in the Register of Members or Register of Beneficial Owners as of the cut-off date to exercise voting rights. Those who have not registered email addresses with the company, Registrar and Share Transfer Agent (RTA), or Depository Participants (DPs) must submit specific documents to obtain login credentials. Required details include name, email ID, mobile number, DPID-Client ID or share certificate copies, and self-attested PAN and Aadhaar cards.

Accessing Voting Credentials

For shareholders who acquired shares after the dispatch of the notice but hold them as of the cut-off date, login IDs and passwords can be obtained by emailing evoting@nsdl.com or calling 022-4886 7000. Existing NSDL users can utilize their current credentials. Password resets are available via the "Forgot User Details / Password" option on www.evoting.nsdl.com .

The Notice of the AGM and the Annual Report for FY26 are available electronically on the company’s website ( www.peninsula.co.in ), stock exchange websites (BSE and NSE), and the NSDL e-voting portal. Shareholders facing technical issues can contact the NSDL helpdesk via email or phone. Results declared by the Chairman, along with the Scrutinizer’s report, will be uploaded immediately after the meeting on all relevant platforms.