StockWatch
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Civil Construction
Quarterly Result5 Aug 2026, 04:12 pm

Modulex Construction declares Q1 FY27 Un-Audited Financial Results

AI Summary

Modulex Construction Technologies Ltd announced the outcome of its Board meeting held on August 5, 2026. The Board approved the Un-Audited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026. The company also presented a statement on deviation or variation for proceeds of a preferential issue. The financial results indicate a profit before tax of ₹40.62 Lakhs for the standalone results for the quarter ended June 30, 2026, a significant improvement from a loss in the previous year. The company noted that despite past losses due to project delays, recent developments and promoter support allow the standalone financial results to be prepared on a going concern basis.

Key Highlights

  • Board approved Un-Audited Standalone & Consolidated Financial Results for Q1 FY27.
  • Statement on deviation for preferential issue proceeds also approved.
  • Standalone results show profit before tax of ₹40.62 Lakhs for Q1 FY27.
  • Financial results prepared on a going concern basis due to recent developments.
  • Company received financial support from promoters and investors.