Radhe Developers reports net loss of ₹119.87 lakh in Q1FY26
Radhe Developers (India) Limited reported a net loss of ₹119.87 lakh for Q1FY26, a reversal from the net profit of ₹387.79 lakh in Q1FY25, driven by a collapse in revenue from operations to ₹0.00 lakh. Total income fell to ₹1.73 lakh, while total expenses decreased to ₹120.44 lakh. The Board approved the unaudited results on July 17, 2026, with the statutory auditor flagging a lack of gratuity provision under Ind AS 19.

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Radhe Developers (India) Limited reported a net loss of ₹119.87 lakh for the quarter ended June 30, 2026, a sharp decline from the net profit of ₹387.79 lakh recorded in the same period last year. The company's revenue from operations fell to ₹0.00 lakh in Q1FY26, down from ₹614.83 lakh in Q1FY25. Total income for the quarter stood at ₹1.73 lakh, significantly lower than the ₹615.13 lakh reported in the previous year's corresponding quarter.
The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report from the Statutory Auditor. The meeting was held on July 17, 2026. The financial results were reviewed by the Audit Committee and subsequently approved by the Board. The company operates solely in the Construction business segment, as identified by the management in line with Ind AS 108.
Total expenses for Q1FY26 were reported at ₹120.44 lakh, a decrease from ₹179.37 lakh in the same quarter of the previous year. Key expense components included finance costs of ₹19.24 lakh and employee benefit expenses of ₹27.09 lakh. The company reported a loss before tax of ₹118.70 lakh for the quarter. The paid-up equity share capital increased to ₹5488.82 lakh as of June 30, 2026, from ₹5237.42 lakh in the previous year.
Financial Performance Summary
| Metric | Q1FY26 (₹ in lakhs) | Q1FY25 (₹ in lakhs) |
|---|---|---|
| Revenue from Operations | 0.00 | 614.83 |
| Total Income | 1.73 | 615.13 |
| Total Expenses | 120.44 | 179.37 |
| Net Profit/(Loss) | (119.87) | 387.79 |
| Earnings Per Share (Basic) | (0.02) | 0.07 |
The statutory auditor, S Parth & Co, issued a Limited Review Report noting that no provision was made for gratuity in the quarterly results. The auditor stated that this omission is not in accordance with accounting prescribed under Ind AS 19. The financial results were prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Radhe Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.68% | -1.34% | -12.50% | -21.39% | -48.42% | +145.00% |
What specific factors led to the complete halt in revenue from operations during Q1FY26?
How does the company plan to address the statutory auditor's concern regarding the non-provision for gratuity under Ind AS 19?
With the paid-up equity share capital increasing despite zero operational revenue, what is the intended use of these funds?


































