Ashiana Housing Ltd has issued an official clarification to stock exchanges regarding an error in its recent interim dividend announcement for the financial year 2025-26. The correction pertains to the day mentioned for the record date in the original Board Meeting outcome filed under Regulation 42.

Official Clarification Details

The company filed the clarification on 12th February 2026, addressing both the Bombay Stock Exchange and National Stock Exchange of India Limited. The correction specifically relates to the Board Meeting outcome that was originally filed on 10th February 2026.

Record Date Correction

The primary issue addressed in the clarification was the incorrect mention of the day for the interim dividend record date. The company stated that "the day of the record date was mentioned as Friday instead of Thursday" and requested exchanges to "read the day of record date for interim dividend as Thursday." Ashiana Housing emphasized that there is no other change in the details relating to this record date.

Company Information and Authorization

The clarification was signed by Nitin Sharma, Company Secretary and Compliance Officer (Membership No: ACS 21191), who digitally signed the document on 12th February 2026 at 11:50:50 +05'30'. The company operates from its registered office at 5F Everest, 46/C Chowringhee Road, Kolkata – 700 071, with CIN: L70109WB1986PLC040864.

This administrative correction ensures accurate information is available to shareholders and market participants regarding the interim dividend record date for the financial year 2025-26.

Ashiana Housing Limited delivered exceptional financial performance in Q3FY26, with the Board of Directors approving unaudited financial results for the quarter ended December 31, 2025. The real estate developer demonstrated strong operational momentum with significant improvements across revenue and profitability metrics.

Financial Performance Highlights

The company's standalone financial results revealed robust growth momentum during the quarter. Net profit surged dramatically to Rs 5,691.00 lakhs in Q3FY26 compared to Rs 1,104.00 lakhs in the same quarter of the previous year, marking an impressive 415% year-on-year increase.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, showed equally impressive results. Revenue from operations reached Rs 76,204.00 lakhs compared to Rs 25,762.00 lakhs in the corresponding nine-month period of FY25, representing a substantial 196% increase. Net profit for the nine-month period stood at Rs 10,188.00 lakhs, a remarkable turnaround from a loss of Rs 131.00 lakhs in the same period last year.

Key Financial Ratios and Metrics

The company's financial health indicators showed positive trends across multiple parameters. The operating margin improved to 31.33% in Q3FY26 from 24.75% in Q3FY25, while the net profit margin expanded significantly to 16.11% from 9.22% in the corresponding quarter last year.

Board Decisions and Corporate Actions

The Board meeting held on February 10, 2026, resulted in several significant decisions beyond the financial results approval. The directors declared an interim dividend of Rs 1.00 per equity share (50% on face value of Rs 2.00), with February 19, 2026, set as the record date. The dividend payment is scheduled on or before March 12, 2026.

Consolidated Results Performance

The consolidated financial results, including subsidiaries and joint ventures, also demonstrated strong performance. Consolidated net profit reached Rs 5,665.00 lakhs in Q3FY26 compared to Rs 1,089.00 lakhs in Q3FY25. Consolidated revenue from operations grew to Rs 36,185.00 lakhs from Rs 13,325.00 lakhs, representing a 171% year-on-year increase.

The company's subsidiaries include Ashiana Maintenance Services LLP, Latest Developers Advisory Limited, Topwell Projects Consultants Limited, Ashiana Amar Developers, and Nitya Care Homes Private Limited. Joint ventures encompass Kairav Developers Limited, Ashiana Greenwood Developers, Vista Housing, Megha Colonizers, Ashiana Manglam Builders, and Ashiana Manglam Builders Extension.

Debt Securities and Compliance

As of December 31, 2025, the company maintained Non-Convertible Debentures worth Rs 319.73 crores across five different series. The security cover available stood at 3.75 times, indicating strong asset backing for the debt securities. The company reported no defaults on loans or debt securities during the quarter, maintaining its clean credit record.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in compliance with SEBI regulations. The statutory auditors provided an unmodified opinion on the limited review of these financial results.

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