News Earnings Popular Estate Management Limited Reports Q3 FY26 Results with Reduced Quarterly LossPopular Estate Management Limited Reports Q3 FY26 Results with Reduced Quarterly Loss
Popular Estate Management Limited reported improved Q3 FY26 results with a net loss of ₹5.11 lakhs compared to ₹11.74 lakhs in Q3 FY25. Nine-month performance showed significant improvement with losses reduced to ₹22.22 lakhs from ₹55.74 lakhs in the previous year. The Board approved these results on February 11, 2026, following a limited review by statutory auditors H.S. Jani & Associates.
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Popular Estate Management Limited announced its unaudited financial results for the third quarter of FY26, showing improved performance compared to the previous year. The company reported a net loss of ₹5.11 lakhs for the quarter ended December 31, 2025, representing a significant improvement from the ₹11.74 lakhs loss recorded in the corresponding quarter of FY25.
Financial Performance Overview
The company's quarterly results demonstrate a notable reduction in losses across key metrics. The total expenses for Q3 FY26 decreased substantially to ₹5.11 lakhs from ₹11.74 lakhs in Q3 FY25, reflecting improved cost management.
| Metric | Q3 FY26 (₹ lakhs) | Q3 FY25 (₹ lakhs) | Change |
|---|---|---|---|
| Net Loss | (5.11) | (11.74) | Improvement |
| Total Expenses | 5.11 | 11.74 | -56.5% |
| Employee Benefits | 3.58 | 3.04 | +17.8% |
| Other Expenses | 1.44 | 4.39 | -67.2% |
| Depreciation | 0.09 | 4.31 | -97.9% |
Nine-Month Performance Analysis
The nine-month period ended December 31, 2025, showed even more substantial improvement in the company's financial position. The net loss for the nine-month period was ₹22.22 lakhs, a significant reduction from ₹55.74 lakhs loss in the corresponding period of the previous year.
| Parameter | 9M FY26 (₹ lakhs) | 9M FY25 (₹ lakhs) | Improvement |
|---|---|---|---|
| Net Loss | (22.22) | (55.74) | 60.1% |
| Total Expenses | 22.22 | 55.74 | -60.1% |
| Employee Benefits | 10.52 | 9.12 | +15.4% |
| Other Expenses | 11.49 | 33.69 | -65.9% |
Earnings Per Share and Capital Structure
The company's earnings per share (EPS) for Q3 FY26 stood at ₹(0.04) on both basic and diluted basis, compared to ₹(0.08) in Q3 FY25. For the nine-month period, EPS was ₹(0.16) compared to ₹(0.40) in the previous year. The paid-up equity share capital remained stable at ₹1,400.02 lakhs, comprising 14,000,200 shares of ₹10 each.
Board Approval and Audit Review
The Board of Directors approved these unaudited financial results in their meeting held on February 11, 2026, at the company's registered office in Ahmedabad. The meeting commenced at 2:00 PM and concluded at 2:30 PM. Statutory auditors H.S. Jani & Associates (FRN: 127515W) conducted a limited review of the financial results under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Contingent Liabilities and Business Operations
The company reported contingent liabilities of ₹2,216.69 lakhs as of December 31, 2025, related to claims under the Income Tax Act, 1961. These claims are subject to legal proceedings at various appellate authorities, with management expressing confidence in their position. Popular Estate Management operates primarily in the infrastructure segment and maintains substantial interests in two associated partnership firms, though no consolidated financial statements are prepared due to inactive operations in these entities.
Historical Stock Returns for Popular Estate Management
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.59% | -7.95% | -16.84% | -25.89% | -29.35% | +124.38% |
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