Terraform Realstate Ltd reported a net loss of ₹1.40 lakh for the quarter ended June 30, 2026, as the company recorded zero revenue from operations. The real estate developer's financial performance for Q1FY27 reflects a continued period of operational inactivity, with the net worth remaining negative. Despite these challenges, the financial statements have been prepared on a going concern basis based on management's future cash flow projections and business prospects.

The Board of Directors approved the unaudited financial results at its meeting held on July 16, 2026. The results were subjected to a limited review by the statutory auditor. The company stated that the figures for previous periods have been regrouped or rearranged where necessary to correspond with the current period presentation.

Financial Performance

The company's total income from operations stood at ₹0.00 lakh for the quarter, unchanged from the previous quarter and the corresponding period in the previous year. The net loss for the period after tax was ₹1.40 lakh, widening from the net profit of ₹17.51 lakh reported in the preceding quarter ended March 31, 2026. For the full year ended March 31, 2026, the company had reported a net profit of ₹9.23 lakh.

The Earnings Per Share (EPS) for the quarter was reported at (₹0.28), compared to ₹3.50 in the previous quarter. The company's equity share capital remained constant at ₹50.00 lakh during the period.

Terraform Realstate Limited reported a net loss of ₹1.40 lakh for the first quarter ended June 30, 2026, a significant decline from the profit of ₹17.51 lakh recorded in the quarter ended March 31, 2026. The company posted nil revenue from operations for the period, while other income was absent. Total expenses for the quarter amounted to ₹1.88 lakh, up from ₹1.28 lakh in the same quarter last year.

The Board of Directors approved the unaudited financial results for Q1FY26 at a meeting held on July 16, 2026. The results were reviewed by the Statutory Auditors, J. D. Zatakia & Company, Chartered Accountants. The company stated that the financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Financial Performance

The company’s Profit Before Tax (PBT) for the quarter stood at a loss of ₹1.88 lakh, compared to a profit of ₹21.89 lakh in the previous quarter. Deferred tax expense for the period was ₹0.47 lakh. Consequently, the Profit for the Period from continuing operations was reported as a loss of ₹1.40 lakh.

Key Metrics

Operational Details

Terraform Realstate Limited reported no exceptional items during the quarter. The paid-up equity share capital remained constant at ₹50.00 lakh. The company noted that figures for previous periods have been regrouped or rearranged where necessary to correspond with the current period's presentation.