Terraform Realstate Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹9.23 lakh compared to a net loss of ₹7.13 lakh in the previous year. The turnaround was driven by a significant increase in other income, which rose to ₹23.48 lakh from ₹0.01 lakh in FY25, while total expenses decreased to ₹11.25 lakh from ₹7.69 lakh. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

Financial Performance

The company reported a total income of ₹23.48 lakh for FY26, a substantial increase from ₹0.01 lakh in the previous year. For the quarter ended March 31, 2026, the net profit stood at ₹17.51 lakh, compared to a loss of ₹3.34 lakh in the corresponding quarter of the previous year. Earnings per share (EPS) for the year improved to ₹1.85 from a loss of ₹1.43 in FY25.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹59.74 lakh, up from ₹55.21 lakh in the previous year. Equity and liabilities increased to ₹59.74 lakh, driven by other equity which improved to ₹0.04 lakh from a negative ₹9.18 lakh. The cash flow statement showed a net increase in cash and cash equivalents of ₹0.17 lakh, bringing the closing balance to ₹0.27 lakh.

Regulatory Compliance

In accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published an extract of the audited financial results for the quarter and year ended March 31, 2026, in Navshakti (Marathi) and Free Press Journal (English) newspapers on Thursday, May 28, 2026. The results are also available on the company's website and BSE Limited.

Auditor's Report

M/s. J.D. Zatakia & Company, Chartered Accountants, issued an audit report with an unmodified opinion on the annual audited financial results and statements for the financial year ended March 31, 2026. The report confirmed that the financial results present a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards.

Terraform Realstate Limited has announced its unaudited financial results for the quarter ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The real estate company's performance reflects continued operational challenges with widened losses across all reporting periods.

Board Meeting and Regulatory Compliance

The Board of Directors convened on February 11, 2026, from 11:30 A.M. to 12:40 P.M. to consider and approve the quarterly financial results. The meeting addressed key regulatory requirements under Regulation 33 and Regulation 30 of SEBI regulations. The unaudited financial results have been subjected to a limited review by statutory auditors J. D. Zatakia & Company, Chartered Accountants (Firm Registration No. 111777W), ensuring compliance with regulatory standards.

Financial Performance Overview

The company's quarterly and nine-month financial metrics demonstrate a concerning trend of increasing losses:

Revenue and Expense Analysis

Terraform Realstate continues to face significant challenges in revenue generation, recording no revenue from operations during Q3FY26. Other income remained minimal at ₹0.00 lakhs for the quarter. The primary concern lies in expense management, with other expenses forming the bulk of total expenditure, increasing substantially by 163% in Q3FY26 to ₹7.14 lakhs from ₹2.71 lakhs in Q3FY25.

Earnings Per Share and Capital Structure

The company's earnings per share metrics reflect the deteriorating financial performance:

The paid-up equity share capital remained stable at ₹50.00 lakhs throughout all reporting periods, with no changes in the capital structure.

Tax Position and Deferred Benefits

The company benefited from deferred tax adjustments, which partially offset pre-tax losses. Deferred tax benefits of ₹1.80 lakhs in Q3FY26 and ₹1.38 lakhs for the nine-month period helped reduce net loss compared to loss before tax. No current tax liability was recorded due to the loss-making position.

Corporate Governance and Disclosure

The results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. Company Secretary and Compliance Officer Mr. Ketan Trivedi (Membership No. A30695) ensured proper regulatory filings with BSE Limited (Company Code: 512157). The results are available on the company's website www.terraformrealstate.com and BSE platform for stakeholder access.