Rap Media reported a standalone loss of Rs 29.75 lakh for Q1 FY2026, compared to a profit of Rs 32.81 lakh in the previous quarter. Other income decreased to Rs 0.49 lakh from Rs 30.17 lakh. The company invested Rs 1.49 crore in its Agra property during the quarter and subsequently sold it. The 31st Annual General Meeting is scheduled for September 30, 2025. Consolidated results, including White River Properties LLP, show a loss of Rs 42.55 lakh.
01Aug 25
Rap Corp Limited Completes Sale of Agra Property for Rs 62.12 Crores
Rap Media, formerly RAP Media Limited, has sold its immovable property in Agra, Uttar Pradesh, for Rs 62.12 crores. The property, located at Plot No. 3C, Tajnagari Yojana Phase-1, was sold to GSM INDIA, an unaffiliated partnership firm. The sale deed was executed on July 31. The property was held as stock in trade and did not generate revenue in the last financial year. Shareholders approved the sale during the company's 27th Annual General Meeting on September 30, 2021. The transaction is not a related party deal and complies with SEBI regulations.