NewsEarningsLadam Affordable Housing Reports Q3FY26 Net Loss of ₹2.997 Crores, Associate Companies to be Struck OffLadam Affordable Housing Reports Q3FY26 Net Loss of ₹2.997 Crores, Associate Companies to be Struck Off
Ladam Affordable Housing Limited reported a standalone net loss of ₹2.997 crores for Q3FY26 ended December 31, 2025, compared to a profit of ₹1.408 crores in Q3FY25, with total revenue declining 28.06% to ₹3.734 crores. On a consolidated basis, the net loss was ₹2.945 crores versus ₹4.799 crores in the previous year. The company also announced that two associate companies, Ladam Foods Private Limited and Lacon India Limited, intend to file strike-off applications under the Companies Act, 2013, which may impact the company's financial position and net worth.
*this image is generated using AI for illustrative purposes only.
Ladam Affordable Housing Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing a decline in financial performance compared to the previous year. The Board of Directors approved these unaudited results at their meeting held on January 09, 2026.
Standalone Financial Performance
The company's standalone financial results for Q3FY26 revealed significant challenges, with the company reporting a net loss compared to profits in the corresponding period last year.
| Financial Metric: | Q3FY26 (₹ crores) | Q3FY25 (₹ crores) | Change |
|---|---|---|---|
| Total Revenue: | 3.734 | 5.190 | -28.06% |
| Employee Benefit Expense: | 2.392 | 2.129 | +12.36% |
| Other Expenses: | 4.339 | 1.652 | +162.66% |
| Total Expenses: | 6.731 | 3.782 | +77.98% |
| Net Loss/Profit: | (2.997) | 1.408 | Loss |
| Basic EPS (₹): | (0.018) | 0.008 | Negative |
The company's revenue consisted entirely of other income, with no revenue from operations reported for the quarter. Total expenses increased substantially to ₹6.731 crores from ₹3.782 crores in Q3FY25, primarily driven by a significant rise in other expenses.
Nine-Month Performance Analysis
For the nine months ended December 31, 2025, the standalone performance showed continued losses with total revenue of ₹11.519 crores compared to ₹11.828 crores in the corresponding period of FY25. The net loss for the nine-month period stood at ₹13.594 crores compared to ₹6.057 crores in the previous year.
Consolidated Financial Results
On a consolidated basis, the company's performance showed some improvement compared to the previous year's corresponding quarter.
| Consolidated Metric: | Q3FY26 (₹ crores) | Q3FY25 (₹ crores) | Change |
|---|---|---|---|
| Total Revenue: | 4.210 | 5.348 | -21.28% |
| Total Expenses: | 7.155 | 10.147 | -29.49% |
| Net Loss: | (2.945) | (4.799) | Reduced Loss |
| Basic EPS (₹): | (0.017) | (0.009) | Negative |
The consolidated results include subsidiaries Ladam Foods Pvt. Ltd., Ladam Flora Pvt. Ltd., and Ladam Homes Pvt. Ltd. However, associate companies Lacon India Ltd., Ladam Steels Ltd., and Spearhead Metals & Alloys Limited were not included due to their loss-making status as per Ind AS-28.
Corporate Developments
The Board of Directors noted significant corporate developments regarding associate companies. The company received intimations on January 05, 2026, from two associate companies about their intention to file strike-off applications:
• Ladam Foods Private Limited - Strike-off application under Section 248(2) of the Companies Act, 2013 • Lacon India Limited - Strike-off application under Section 248(2) of the Companies Act, 2013
The Board acknowledged that the proposed strike-off of these associate companies may impact the company's financial position, including its net worth.
Other Financial Highlights
The company reported other comprehensive loss of ₹0.221 crores in Q3FY26, representing unrealized loss on investment held in equity instruments. The paid-up equity share capital remained unchanged at ₹915.230 crores with a face value of ₹5 per share. The financial results were reviewed by D P Sarda & Co, Chartered Accountants, who issued limited review reports for both standalone and consolidated results.
Historical Stock Returns for Ladam Affordable Housing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.44% | +5.15% | +8.33% | -7.74% | -23.28% | +52.13% |
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