Lake Shore Realty Limited (formerly Mahaan Foods Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 12, 2026, at the company's registered office in New Delhi, in compliance with SEBI Listing Regulations.

Board Meeting and Regulatory Compliance

The board meeting commenced at 12:30 PM and concluded at 1:30 PM on February 12, 2026. The meeting was held at the registered office situated at 23, 2nd Floor Club Road North West, Avenue West Punjabi Bagh Airtel Tower, Punjabi Bagh Sec - III, West Delhi, New Delhi, Delhi - 110026. The company submitted the results pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quarterly Financial Performance

The company demonstrated mixed performance during Q3 FY26, with quarterly results showing a decline compared to the previous year but recovery from the previous quarter's losses.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's financial performance showed significant decline compared to the previous year, primarily due to increased operational expenses.

Revenue Structure and Expense Breakdown

The company's revenue remained primarily dependent on other income sources, with ₹34.33 lacs generated entirely from other income in Q3 FY26. The significant expense increase was driven by other expenses rising to ₹17.96 lacs in Q3 FY26 from ₹3.39 lacs in Q3 FY25, while employee benefits decreased to ₹1.35 lacs from ₹6.27 lacs year-on-year.

Balance Sheet Position

As of December 31, 2025, the company maintained total assets of ₹2,045.86 lacs compared to ₹2,064.15 lacs as of March 31, 2025.

Key Financial Ratios and Auditor Review

The company's operating margin for Q3 FY26 stood at 43.75% compared to 70.59% in Q3 FY25, while net profit margin was 43.75% versus 53.01% in the corresponding quarter last year. The current ratio improved significantly to 213.51 from 47.94 in the previous year.

PGS & Associates, Chartered Accountants, provided an unqualified limited review report for the quarterly results. The auditors confirmed that the financial statements were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and comply with SEBI listing regulations.

Mahaan Foods Limited, now known as LakeShore Realty Limited, has announced significant changes in its leadership and operations following a board meeting held on November 13, 2025.

Key Appointments

The company's Board of Directors has approved the appointment of two key executives:

Himanshu Joshi: New CFO

Mr. Himanshu Joshi brings a wealth of experience to his role as Chief Financial Officer. His expertise spans:

• End-to-end legal, commercial, and financial functions
• Real estate, corporate, and commercial sectors
• Drafting and finalizing property, commercial, and financial agreements
• Conducting title due diligence
• Ensuring legal, corporate, and statutory compliance
• Handling litigation matters across various domains
• Providing strategic legal and commercial advisory

Ankit Singh: New Company Secretary

CS Ankit Singh, appointed as the Company Secretary and Compliance Officer, offers:

• Comprehensive knowledge of Companies Act, SEBI Regulations, FEMA, and corporate laws
• Strong expertise in secretarial functions
• Compliance management across legal, regulatory, and corporate governance frameworks
• Risk management and internal controls for legal and regulatory compliance
• Liaison with regulators, statutory authorities, and auditors

Registered Office Relocation

The Board has approved shifting the company's registered office from Delhi to Maharashtra. This decision may indicate LakeShore Realty's plans for geographical expansion or operational restructuring.

Financial Results

The Board has also approved the standalone unaudited financial results for the quarter and half-year ended September 30, 2025. Specific figures were not disclosed in the available information.

These developments signal LakeShore Realty's focus on strengthening its leadership team and potentially expanding its operations. The appointment of experienced professionals in key positions may contribute to the company's growth strategy in the real estate sector.