Transindia Real Estate Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, along with significant board changes. The company's board meeting held on January 30, 2026, approved the unaudited financial results and key directorial appointments.

Financial Performance Overview

The company delivered strong consolidated financial performance in Q3FY26, with net profit showing significant year-on-year growth despite revenue challenges.

Segment Performance Analysis

The company's primary revenue driver, logistics park and commercial properties, generated ₹20.86 crore in Q3FY26 compared to ₹22.19 crore in the previous year. The equipment hiring segment contributed ₹0.20 crore during the quarter.

Board Changes and Corporate Governance

The board approved significant directorial changes effective January 30, 2026. Ms. Nishika Hegde (DIN: 11359907) was appointed as Additional Non-Executive, Non-Independent Director, subject to shareholder approval through postal ballot.

Ms. Hegde holds a Bachelor of Science in Business Administration from Bryant University, USA, and a Master's degree in Marketing from University of Bath, UK. She brings extensive experience in sales, marketing, and strategic business development.

Exceptional Items and Special Transactions

The company recognized exceptional items totaling ₹2.89 crore in Q3FY26, including ₹1.75 crore compensation from NHAI for compulsory land acquisition in Chennai and ₹1.14 crore gain from investment property sale by subsidiary Avvashya Inland Park Private Limited.

Subsidiary Activities

Allcargo Group Services Private Limited, a wholly owned subsidiary, issued equity shares through private placement during the quarter. The board also noted the ongoing merger proceedings of Madanahatti Logistics and Industrial Parks Private Limited, with the next hearing scheduled for February 10, 2026.

Transindia Real Estate Limited , a prominent player in the logistics and real estate sector, has announced significant corporate developments and financial results for the first quarter of fiscal year 2026.

Board Approves Merger with Wholly-Owned Subsidiary

The Board of Directors of Transindia Real Estate Limited has approved a scheme of merger with its wholly-owned subsidiary, Madanahatti Logistics and Industrial Parks Private Limited. This strategic move aims to streamline operations, enhance financial strength, and maximize shareholder value. The merger is subject to necessary regulatory approvals, including that of the National Company Law Tribunal, Mumbai Bench.

Q1 FY26 Financial Highlights

For the quarter ended June 30, 2025, Transindia Real Estate reported the following consolidated financial results:

The company's income from operations saw a 12.20% year-on-year increase, rising from Rs. 1,868.00 lakhs in Q1 FY25 to Rs. 2,096.00 lakhs in Q1 FY26. Despite a 13.30% decrease in total income, Transindia Real Estate managed to significantly improve its profitability, with profit after tax surging by 57.50% to Rs. 745.00 lakhs.

Segment Performance

The Logistics Park and commercial properties segment continued to be the primary revenue driver, generating Rs. 2,022.00 lakhs in Q1 FY26, compared to Rs. 1,683.00 lakhs in the same quarter last year. The Equipment Hiring (Non-crane) segment contributed Rs. 74.00 lakhs to the revenue.

Key Management Appointments

In a move to strengthen its leadership team, the Board has made several key appointments:

1. Mr. Ram Walase, the current Chief Executive Officer, has been appointed as an Additional Director and Executive Director for a three-year term starting August 7, 2025, subject to shareholder approval.

2. Mr. Sourav Dasgupta has been appointed as Chief Information Officer, bringing over 28 years of experience in IT across various sectors.

3. Mr. Vishal Maheshwari joins as Senior General Manager, with over 21 years of experience in construction projects and land acquisition.

Other Corporate Actions

The company has also appointed M/s. AVS & Associates as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval.

Transindia Real Estate Limited continues to focus on its core business of logistics parks, commercial properties, and equipment hiring. With these strategic moves and improved financial performance, the company appears well-positioned for future growth in the dynamic real estate and logistics sector.