Ravinder Heights Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong consolidated performance across key financial metrics. The Board of Directors approved these results on February 13, 2026, following comprehensive review by the audit committee.

Consolidated Financial Performance

The company's consolidated results showed robust growth during the quarter ended December 31, 2025. Total consolidated revenue reached ₹2,196.84 lakh, comprising revenue from operations of ₹2,001.16 lakh and other income of ₹195.68 lakh.

Standalone Performance Analysis

On a standalone basis, the company maintained consistent revenue from operations at ₹35.28 lakh for the quarter, matching the previous quarter and corresponding period last year. However, the standalone operations recorded a net loss of ₹15.32 lakh for the quarter ended December 31, 2025.

Revenue Recognition from Collaboration Agreement

A significant contributor to the consolidated performance was revenue recognition from a collaboration agreement. During the quarter ended September 2025, Radhika Heights Limited and its subsidiaries executed a Second Addendum with Bestech India Pvt. Ltd. The agreement involved additional non-refundable security deposits totaling ₹5,000.00 lakh, with ₹3,000.00 lakh received on September 19, 2025, and ₹2,000.00 lakh on November 19, 2025.

Operational Expenses and Tax Position

Consolidated total expenses for the quarter amounted to ₹431.87 lakh, including employee benefits expense of ₹86.71 lakh and other expenditure of ₹290.54 lakh. The company recorded current tax expense of ₹380.94 lakh and deferred tax of ₹115.07 lakh for the quarter.

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act 2013. Independent auditors Dewan P N Chopra & Co conducted limited reviews of both standalone and consolidated results, providing clean review reports with emphasis on pending evaluation of new Labour Codes impact.

Share Capital and Earnings Per Share

The company maintained its paid-up equity share capital at ₹613.26 lakh, with face value of ₹1 per share. Consolidated basic and diluted earnings per share for the quarter stood at ₹2.03, compared to a loss of ₹0.19 per share in the corresponding quarter of the previous year.

Ravinder Heights Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, showcasing a significant improvement in consolidated performance while standalone operations continued to face headwinds.

Consolidated Financial Performance

The company's consolidated results demonstrated a remarkable turnaround, with strong revenue growth driving profitability improvements across key metrics.

For the nine months ended December 31, 2025, consolidated performance showed even stronger growth momentum.

Revenue Recognition from Strategic Partnership

The exceptional performance was primarily attributed to revenue recognition from a collaboration agreement with Bestech India Pvt. Ltd. During the quarter ended September 2025, Radhika Heights Limited (a wholly owned subsidiary) and its subsidiaries executed a Second Addendum to the original Collaboration Agreement dated December 10, 2019.

Under this arrangement, the developer paid additional non-refundable security deposits:

• ₹3,000.00 lakh on September 19, 2025
• ₹2,000.00 lakh on November 19, 2025

The company recognized revenue of ₹2,000.00 lakh in Q3FY26, ₹5,500.00 lakh in Q2FY26, and ₹7,500.00 lakh for the nine months ended December 31, 2025, in accordance with Ind AS-115 "Revenue from Contracts with Customers."

Standalone Performance Challenges

While consolidated results showed strong improvement, standalone operations continued to face challenges with persistent losses.

The standalone business reported consistent revenue from operations of ₹35.28 lakh across quarters, while employee benefit expenses of ₹21.29 lakh and depreciation costs of ₹20.81 lakh in Q3FY26 contributed to operational challenges.

Corporate Structure and Subsidiaries

The consolidated results include performance from Ravinder Heights Limited's subsidiary structure, comprising Radhika Heights Limited and its five subsidiaries: Radicura Infra Limited, Sunanda Infra Limited, Cabana Construction Private Limited, Nirmala Buildwell Private Limited, and Nirmala Organic Farms & Resorts Private Limited.

Regulatory Compliance and Future Considerations

The company highlighted the implementation of New Labour Codes effective from November 21, 2025, consolidating 29 existing labour legislations into four unified codes. The management is currently evaluating the potential impact on operations and will provide appropriate accounting treatment as supporting rules are finalized by central and state governments.