Vipul Limited , a real estate company, has reported a significant turnaround in its financial performance for the second quarter ended September 30, 2025. The company posted an unaudited standalone profit of Rs 217.18 lakhs, marking a substantial improvement from the loss of Rs 67.87 lakhs in the previous quarter.

Financial Highlights

The company's revenue from operations for Q2 stood at Rs 794.50 lakhs, indicating a positive trend in Vipul's core business activities.

Board Changes

In a separate development, Ms. Vishaka Beriwala, who served as a Non-Executive Director, has resigned from her position effective September 23, 2025. Ms. Beriwala cited pre-occupations and professional commitments as the reasons for her departure, stating that these responsibilities restrict her from devoting adequate time to the company's affairs.

Financial Turnaround

The financial results show a significant improvement in Vipul's performance:

• Revenue from operations increased from Rs 169.32 lakhs in Q1 to Rs 794.50 lakhs in Q2.
• The company turned a loss of Rs 67.87 lakhs in Q1 into a profit of Rs 217.18 lakhs in Q2.

This turnaround suggests that the company's strategies may be yielding positive results, particularly in its real estate activities.

Looking Ahead

As Vipul navigates through the dynamic real estate market, investors and stakeholders will likely be watching closely to see if the company can maintain this positive momentum in the coming quarters. The resignation of a board member, while a notable change, does not appear to have impacted the company's financial performance in the short term.

Investors are advised to keep an eye on future announcements and financial reports from Vipul to gain a more comprehensive understanding of the company's long-term strategy and performance trajectory in the real estate sector.

Vipul Limited , a prominent player in the real estate sector, has announced significant changes to its board composition, signaling a strategic move to strengthen its leadership team. The company's recent members' meeting on September 23, 2025, resulted in several key appointments and re-appointments that are set to shape the company's future direction.

Managing Director Re-appointment

Mr. Punit Beriwala, the current Managing Director and CEO of Vipul Limited, has been re-appointed for another three-year term, extending his tenure from April 1, 2026, to March 31, 2029. Beriwala, 61, brings a wealth of experience to the role, with 37 years in business, including 23 years specifically in the real estate industry. A commerce graduate from Kolkata University, he has been an integral part of Vipul Limited since 2002, serving as an Executive Director.

Beriwala's re-appointment underscores the company's confidence in his leadership and vision. His extensive experience and innovative approach in the construction of premium buildings in India have been noted as key factors in his continued role at the helm of Vipul Limited.

New Independent Directors

In a move to enhance its board's diversity and expertise, Vipul Limited has appointed two new Non-Executive Independent Directors:

1. Mr. Rajeev Gupta: Appointed for a five-year term from September 23, 2025, to September 22, 2030, Gupta brings nearly two decades of leadership experience in the real estate sector. His impressive career includes stints with major industry players such as ALC Group, Emaar MGF, and Parsvnath Developers. Gupta's expertise spans various aspects of real estate, including government sanctions, project planning, legal compliance reviews, and sales and cash flow management for large projects.

2. Mrs. Dolly Singhal: Also appointed for a five-year term coinciding with Gupta's, Singhal brings a diverse educational background with qualifications in education and commerce. Her experience in accounting and marketing is expected to provide valuable insights to the board.

Secretarial Auditor Appointment

In addition to the board changes, Vipul Limited has appointed M/s AVA Associates as its Secretarial Auditor for a five-year period from FY2025-26 to FY2029-30. Established in 2003, AVA Associates specializes in corporate legal and taxation matters, bringing extensive experience in compliance solutions, business solutions, and regulatory affairs to Vipul Limited.

Implications for Vipul Limited

These appointments reflect Vipul Limited's commitment to maintaining strong corporate governance and bringing diverse perspectives to its leadership. The re-appointment of Punit Beriwala as Managing Director ensures continuity in the company's strategic direction, while the addition of new independent directors with varied expertise is likely to contribute fresh insights and strengthen the board's oversight capabilities.

As Vipul Limited navigates the dynamic real estate market, this rejuvenated leadership team is poised to guide the company through its next phase of growth and development.