SSPDL Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹1,160.08 lakh compared to a net loss of ₹146.64 lakh in the previous year. The turnaround was driven by a significant increase in revenue from operations, which rose to ₹2,826.91 lakh from ₹299.41 lakh in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and full year on May 30, 2026.

Standalone Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹583.54 lakh. Total revenue for the quarter stood at ₹2,003.95 lakh, with revenue from operations contributing ₹1,431.11 lakh and other income adding ₹572.84 lakh. Total expenses for the quarter were ₹868.40 lakh. The basic and diluted earnings per share (EPS) for the quarter were ₹4.51.

For the full year, total revenue reached ₹3,426.53 lakh. The company recorded a profit before tax of ₹1,712.09 lakh, with a tax expense of ₹552.01 lakh resulting in the net profit of ₹1,160.08 lakh. The EPS for the year improved to ₹8.97 from a negative ₹1.13 in the prior year.

Consolidated Financial Performance

On a consolidated basis, the company reported a net profit of ₹749.44 lakh for FY26, recovering from a net loss of ₹194.06 lakh in FY25. Total consolidated revenue for the year was ₹2,862.05 lakh. For the quarter ended March 31, 2026, the net profit was ₹173.48 lakh on total revenue of ₹1,441.65 lakh.

Key Operational Highlights and Notes

The financial results include several material adjustments. The company recognised revenue of ₹12.76 crore from the sale of a portion of a repossessed real estate project area. Additionally, an amount of ₹564.50 lakh payable to SSPDL Infotech Pvt. Ltd. was written back following a waiver by the subsidiary. The company also charged ₹552.01 lakh to the statement of profit and loss as prior period taxes due to the disallowance of appeals related to tax credits claimed for the Alpha City project.

Financial Position

As of March 31, 2026, the company’s total assets stood at ₹7,631.19 lakh, compared to ₹7,591.32 lakh in the previous year. Current assets decreased to ₹4,609.05 lakh from ₹4,923.38 lakh, primarily due to a reduction in trade receivables and cash and cash equivalents. Total liabilities decreased to ₹6,668.27 lakh from ₹7,788.48 lakh, driven by a reduction in current borrowings.

The statutory auditors, M/s. Karvy & Co., Chartered Accountants, issued an unmodified audit opinion on the standalone and consolidated financial results.

SSPDL Limited has announced that its board of directors will meet on Saturday, May 30, 2026, to consider and approve the audited financial results for the fourth quarter and financial year ended March 31, 2026. The meeting is scheduled to take place at the company's registered office.

The agenda for the meeting includes the review of both standalone and consolidated financial statements. This disclosure is made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Meeting Details

The board will deliberate on the financial performance of the company for the specified period. Shareholders and market participants can await the official announcement of the financial results following the conclusion of the board meeting.