Lake Shore Realty Limited (formerly Mahaan Foods Limited) has 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, in compliance with SEBI Listing Regulations.

Financial Performance Overview

The company demonstrated mixed performance during the reporting period, with quarterly results showing recovery from the previous quarter's losses.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Lake Shore Realty's financial performance showed a significant decline compared to the previous year.

Revenue and Income Structure

The company's revenue composition remained primarily dependent on other income sources. Revenue from operations contributed ₹0.30 lacs during the nine-month period, while other income generated ₹69.40 lacs. In Q3 FY26 specifically, other income accounted for the entire revenue of ₹34.33 lacs.

Expense Analysis

Total expenses for Q3 FY26 stood at ₹19.31 lacs compared to ₹10.00 lacs in Q3 FY25. The expense breakdown included:

• Employee Benefits: ₹1.35 lacs (Q3 FY26) vs ₹6.27 lacs (Q3 FY25)
• Other Expenses: ₹17.96 lacs (Q3 FY26) vs ₹3.39 lacs (Q3 FY25)
• Depreciation: Nil (Q3 FY26) vs ₹0.33 lacs (Q3 FY25)

Balance Sheet Position

As of December 31, 2025, the company maintained a strong balance sheet position with total assets of ₹2,045.86 lacs compared to ₹2,064.15 lacs as of March 31, 2025.

Key Financial Ratios

The company's financial ratios reflected its operational performance during the period. Current ratio improved significantly to 213.51 in Q3 FY26 from 47.94 in the previous year. 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 results were reviewed by PGS & Associates, Chartered Accountants, who provided an unqualified review report. The company continues to maintain its listing compliance and regulatory requirements under SEBI 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.