Country Condo's Limited Reports Q3FY26 Net Profit of ₹7.03 Lakhs, Board Approves Merger

2 min read Updated on 09 Feb 2026, 07:02 PM

Reviewed by

Shriram SScanX News Team

Overview

Country Condo's Limited announced Q3FY26 financial results showing net profit of ₹7.03 lakhs against ₹15.34 lakhs in Q3FY25, representing a 54.17% decline. The company reported total income of ₹442.97 lakhs for the quarter and ₹1,381.72 lakhs for nine months. The Board granted in-principle approval for merger with Amrutha Estate Pvt Ltd while maintaining compliance with SEBI regulations.

*this image is generated using AI for illustrative purposes only.

Country Condo's Limited has announced its unaudited financial results for the quarter ended December 31, 2025, reporting a net profit of ₹7.03 lakhs. The Board of Directors, meeting on February 13, 2026, at the company's registered office in Hyderabad, also granted in-principle approval for a proposed merger with Amrutha Estate Pvt Ltd.

Q3FY26 Financial Performance

The company's quarterly financial results demonstrate mixed performance across key metrics. Total income for the quarter reached ₹442.97 lakhs, comprising net sales of ₹442.89 lakhs and other income of ₹0.08 lakhs. The results show a decline compared to the previous year's corresponding quarter.

Financial Metric	Q3FY26	Q3FY25	Change
Total Income	₹442.97 lakhs	₹493.47 lakhs	-10.23%
Net Profit	₹7.03 lakhs	₹15.34 lakhs	-54.17%
Earnings Per Share	₹0.01	₹0.03	-66.67%
Total Expenditure	₹433.06 lakhs	₹472.83 lakhs	-8.41%

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Country Condo's Limited reported total income of ₹1,381.72 lakhs compared to ₹1,418.56 lakhs in the corresponding previous period. Net profit for the nine-month period stood at ₹41.49 lakhs versus ₹50.88 lakhs in the previous year. Employee benefits expense increased to ₹403.33 lakhs from ₹359.72 lakhs, while land development expenditure decreased to ₹901.28 lakhs from ₹1,047.83 lakhs.

Nine-Month Metrics	FY26	FY25	Variance
Total Income	₹1,381.72 lakhs	₹1,418.56 lakhs	-2.60%
Net Profit	₹41.49 lakhs	₹50.88 lakhs	-18.45%
Employee Benefits	₹403.33 lakhs	₹359.72 lakhs	+12.12%
Land Development Expenditure	₹901.28 lakhs	₹1,047.83 lakhs	-13.99%

Strategic Merger Development

The Board of Directors has accorded in-principle approval for the proposed merger of Amrutha Estate Pvt Ltd (AEPL) with the company. The board authorized initiation of the merger process, including due diligence, appointment of valuers, merchant bankers, and other professionals for scheme preparation. The company clarified that no formal merger scheme has been approved at this juncture, with the formal scheme to be placed before the Board for consideration once finalized.

Merger Process Details	Status
In-Principle Approval	Granted by Board
Due Diligence	To be initiated
Professional Appointments	Valuers, Merchant Bankers, Legal Counsel
Formal Scheme Status	Not yet approved

Regulatory Compliance and Documentation

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in compliance with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. M/s. P. Murali & Co., Chartered Accountants, issued the Limited Review Report for the quarterly results. The meeting commenced at 2:00 PM and concluded at 3:55 PM at the company's registered office.

Compliance Details	Information
Meeting Duration	2:00 PM to 3:55 PM
BSE Scrip Code	531624
NSE Symbol	COUNCODOS
Paid-up Equity Capital	₹775.97 lakhs

The company continues to focus on real estate activities as its primary business segment. The meeting was signed off by D. Krishna Kumar Raju, Vice-Chairman & CEO (DIN: 00115553), with all regulatory disclosures made to BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Country Condos