Real Growth Corporation Limited reported a net profit of ₹3.75 lakh for the quarter ended June 30, 2026, an increase from ₹2.20 lakh in the corresponding period of FY25. The company’s total income stood at ₹73.85 lakh, driven entirely by other income as revenue from operations remained at nil.

The board of directors approved the unaudited financial results in a meeting held on August 12, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors Ad Gupta and Associates.

Financial Performance

Total expenses for the quarter were ₹70.10 lakh, compared to ₹86.46 lakh in Q1FY25. Finance costs rose to ₹47.91 lakh from ₹42.74 lakh year-on-year. Employee benefit expenses decreased to ₹15.89 lakh from ₹20.80 lakh in the prior year quarter.

Earnings per share (basic and diluted) were ₹0.09, up from ₹0.06 in Q1FY25.

What the Numbers Show

The company’s profitability is heavily dependent on non-operating income. With zero revenue from operations, other income constitutes 100% of the total income base. This structural reliance on non-core earnings highlights that the operational business did not contribute to top-line growth during the quarter.

Auditor Observations

The statutory auditors highlighted two key matters in their review report:

• The Bombay Stock Exchange had previously listed the company under shell companies and suspended trading, but the suspension was revoked via letter dated June 25, 2024.
• There is a refund receivable of ₹41.08 crore against bookings in immovable property in a project developed by M/s Rajesh Projects (India) Private Limited. This entity is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The recoverability of this amount remains undetermined.

The company disclosed no outstanding defaults on loans or debt securities as of June 30, 2026.

Real Growth Corporation has accepted the resignation of Deepak Gupta as Whole Time Director, effective close of business hours on August 6, 2026. The company disclosed that Gupta, a Key Managerial Personnel, tendered his resignation due to personal health reasons. This leadership change impacts the executive structure of the Delhi-based firm, which operates in the real estate and infrastructure sectors.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to BSE Limited on August 6, 2026, by Kunal Jain, the Company Secretary and Compliance Officer. The resignation letter, dated July 4, 2026, formally requested the Board of Directors to relieve Gupta of all duties, responsibilities, and obligations attached to the office.

Resignation Details

The following table outlines the specific details of the resignation as per the regulatory filing:

Gupta’s DIN (Director Identification Number) is 01890274. As a Key Managerial Personnel, his exit requires immediate statutory filings with the Registrar of Companies and other relevant regulatory authorities, as mandated under the Companies Act, 2013.

Regulatory Compliance

The company confirmed that all necessary e-forms will be filed to give effect to the resignation in accordance with applicable laws. The disclosure aligns with Schedule III – Para A clause 7C of Part A of the SEBI Listing Regulations and the Master Circular dated July 11, 2023. No relationships between directors or other disclosures required by BSE Circular LIST/COMP/14/2018-19 or NSE Circular NSE/CML/2018/24 were applicable in this instance.

What This Means for Stakeholders

The departure of a Whole Time Director represents a significant change in the company’s key management team. For investors and stakeholders, this signals a transition in operational leadership. While the reason cited is personal health, the absence of a named successor in the immediate filing suggests the Board may be considering internal promotions or external appointments to fill the vacancy. The market impact is likely neutral unless the role was critical to ongoing strategic projects, which has not been specified in the current disclosure.