Hubtown Limited has submitted revised unaudited financial results for Q3FY26 to stock exchanges, correcting typographical errors in consolidated financial statements nomenclature. The company reported strong financial performance for the quarter ended December 31, 2025, alongside ongoing regulatory matters including GST inspection operations.

Revised Financial Results Submission

The company submitted revised financial results to BSE Limited and National Stock Exchange of India Limited on February 13, 2026, addressing nomenclature corrections in consolidated financial statements. The revision details include:

Q3FY26 Financial Performance

The company delivered mixed financial performance during the quarter, with significant improvement in profitability despite revenue decline.

Nine Months Performance Overview

For the nine months ended December 31, 2025, Hubtown Limited showed significant improvement across all key metrics compared to the corresponding period.

Consolidated Results Performance

On a consolidated basis, the company reported stronger performance with total income of ₹13,177 lakhs for Q3FY26 and net profit attributable to owners of ₹2,234 lakhs. The nine months consolidated results showed total income of ₹63,010 lakhs with net profit attributable to owners of ₹12,568 lakhs.

Auditor Qualification and Ongoing Matters

The statutory auditors issued a qualified review report noting that the company has not provided interest amounting to ₹1,905.33 lakhs for the quarter and ₹5,695.27 lakhs for nine months on certain inter-corporate deposits. The company is seeking waiver or reduction in interest rates and has substantially repaid the principal amounts. Additionally, the company continues to face a GST inspection and search operation by the Mumbai GST Department that commenced on February 09, 2026, at the company's registered office while maintaining full cooperation and normal business operations.

Fundraising Initiative

The Board has approved raising funds through various instruments for an amount not exceeding ₹6,000 million through equity shares, convertible bonds, non-convertible instruments via QIP, preferential allotment, rights issue, or combination thereof, subject to shareholders and regulatory approvals.

Hubtown Limited , a prominent real estate company, has witnessed another significant change in its promoter shareholding structure with Vyomesh M. Shah HUF releasing a substantial portion of pledged shares. This latest corporate action follows previous share pledge releases by multiple promoters, continuing the trend of reduced encumbered holdings.

Latest Share Pledge Release

Vyomesh M. Shah HUF has released 1,063,830 pledged shares, representing a significant reduction in encumbered holdings:

Current Promoter Holdings and Encumbrances

The updated promoter shareholding pattern reveals the following encumbered positions:

Transaction Details

The share pledge release was executed with specific terms and conditions:

• Encumbrance Type: Pledge created as collateral security for loan availed by Hubtown Limited
• Entity Favored: Edelweiss Investment Advisors Limited
• Regulatory Compliance: Filed under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Reporting Date: January 03, 2026

Promoter Group Overview

The total promoter group holding stands at 49,770,414 shares, representing 35.02% of the company's total share capital. Out of this, 10,611,170 shares (7.47%) remain encumbered, down from the previous 11,675,000 shares (8.22%).

This corporate action represents another step in the ongoing restructuring of Hubtown's shareholding pattern, potentially strengthening the promoters' position by reducing their pledge obligations. The disclosure was filed by the authorized signatory in compliance with stock exchange regulations.