Tulive Developers Reports Q3FY26 Net Loss of ₹26.57 Lakhs, Shows Improvement Over Previous Year

2 min read     Updated on 13 Feb 2026, 05:26 PM
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Tulive Developers Limited reported Q3FY26 net loss of ₹26.57 lakhs, showing marginal improvement from ₹27.52 lakhs loss in Q3FY25. Nine-month losses significantly reduced to ₹73.00 lakhs from ₹94.41 lakhs year-over-year. The company operates without operational revenue, relying on other income of ₹9.65 lakhs in Q3FY26. Total expenses decreased to ₹36.56 lakhs, primarily comprising depreciation expenses of ₹24.65 lakhs.

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Tulive Developers Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing a marginal improvement in its financial performance compared to the previous year. The company's board of directors approved these results in a meeting held on February 13, 2026.

Financial Performance Overview

The company reported a net loss of ₹26.57 lakhs for Q3FY26, representing a slight improvement from the ₹27.52 lakhs loss recorded in Q3FY25. The nine-month performance showed more substantial progress, with losses narrowing significantly to ₹73.00 lakhs from ₹94.41 lakhs in the corresponding period of the previous year.

Financial Metric: Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations: - - - -
Other Income: ₹9.65 lakhs ₹10.70 lakhs ₹26.95 lakhs ₹13.70 lakhs
Total Revenue: ₹9.65 lakhs ₹10.70 lakhs ₹26.95 lakhs ₹13.70 lakhs
Net Loss: ₹26.57 lakhs ₹27.52 lakhs ₹73.00 lakhs ₹94.41 lakhs

Expense Analysis

The company's total expenses for Q3FY26 stood at ₹36.56 lakhs compared to ₹38.22 lakhs in Q3FY25. The expense structure remained consistent with previous periods, dominated by depreciation and amortization expenses.

Expense Category: Q3FY26 Q3FY25 Change
Employee Benefit Expenses: ₹1.64 lakhs ₹1.64 lakhs No change
Depreciation & Amortization: ₹24.65 lakhs ₹30.30 lakhs Decrease
Other Expenses: ₹10.27 lakhs ₹6.28 lakhs Increase
Total Expenses: ₹36.56 lakhs ₹38.22 lakhs ₹1.66 lakhs decrease

Earnings Per Share and Capital Structure

The company's earnings per share improved marginally, with basic and diluted EPS at ₹(1.23) for Q3FY26 compared to ₹(1.28) in Q3FY25. The paid-up equity share capital remained stable at ₹215.44 lakhs with a face value of ₹10 per equity share.

Business Operations and Notes

According to the company's disclosure, Tulive Developers operates in project management consultancy services and agricultural activities. The company has withdrawn the total amount from firm "Tulive Builder" which has been dissolved. Additionally, there is no further development in Tulive Estate with maximum amount withdrawn, keeping the balance as non-current investments.

Shareholding Pattern

The company's shareholding structure remained unchanged during the quarter:

Shareholding Category: Number of Shares Percentage
Public Shareholding: 6,01,135 27.90%
Promoter & Promoter Group: 15,53,240 72.10%

The financial results were reviewed by the audit committee and approved by the board of directors. The results have been subjected to limited review by the statutory auditors Dagliya & Co., Chartered Accountants.

Historical Stock Returns for Tulive Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%0.0%-2.00%+0.49%+7.01%+314.48%

Tulive Developers Shareholders Approve Voluntary Delisting from BSE with 99.81% Support

2 min read     Updated on 01 Jan 2026, 05:44 PM
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Tulive Developers Limited has received overwhelming shareholder approval for its voluntary delisting from BSE Limited, with 99.81% of votes cast in favor during the postal ballot process. The scrutinizer's report confirms compliance with SEBI regulations, paving the way for the company to proceed with the delisting at the proposed floor price of ₹719.30 per share.

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Tulive Developers Limited has successfully obtained shareholder approval for its voluntary delisting from BSE Limited through postal ballot, with the scrutinizer's report confirming overwhelming support for the proposal.

Postal Ballot Results

The postal ballot conducted from December 2-31, 2025, resulted in decisive approval for the delisting proposal. The voting results demonstrate strong shareholder confidence in the company's strategic direction.

Voting Parameter: Details
Total Shareholders Voted: 22
Total Equity Shares Voted: 20,24,441
Votes in Favor: 20,20,691 (99.81%)
Votes Against: 3,750 (0.19%)
Cut-off Date: November 28, 2025

Regulatory Compliance Achievement

The postal ballot results satisfy the stringent requirements under SEBI (Delisting of Equity Shares) Regulations, 2021. According to Regulation 11(4), the special resolution requires votes cast by public shareholders in favor to be at least two times the number of votes cast against it.

Shareholder Category: Votes For Votes Against Approval Rate
Promoter Group: 15,53,240 (100%) 0 (0%) 100%
Public Shareholders: 4,67,451 (99.20%) 3,750 (0.80%) 99.20%
Overall Result: 20,20,691 (99.81%) 3,750 (0.19%) 99.81%

Delisting Framework Details

The approved delisting proposal maintains the previously announced parameters, with the company set to acquire public shareholding through the established framework.

Delisting Parameter: Specification
Shares to be Acquired: 6,01,135 equity shares
Public Shareholding: 27.90% of paid-up share capital
Floor Price: ₹719.30 per share
Indicative Price: ₹750.00 per share
Manager to Offer: Saffron Capital Advisors Private Limited

Scrutinizer Certification

Sri Vidhya Kumar, the appointed scrutinizer and Practicing Company Secretary, certified the postal ballot process conducted through Central Depository Services (India) Limited (CDSL) platform. The scrutinizer confirmed that the voting process was conducted in a fair and transparent manner, with proper reconciliation of votes cast through remote e-voting.

Next Steps in Delisting Process

With shareholder approval secured, Tulive Developers will proceed with the subsequent stages of the voluntary delisting process as per SEBI regulations. The company's promoter group entities - Altis Properties Private Limited and GKS Technology Park Private Limited - will facilitate the acquisition of public shareholding.

The successful postal ballot outcome represents a significant milestone in the company's strategic transition, providing the regulatory foundation for completing the voluntary delisting from BSE Limited.

Historical Stock Returns for Tulive Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%0.0%-2.00%+0.49%+7.01%+314.48%

More News on Tulive Developers

1 Year Returns:+7.01%