Quarterly Result5 Aug 2026, 04:23 pm
Modulex Construction declares Q1 FY27 unaudited results
AI Summary
Modulex Construction Technologies Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 5, 2026. The company also presented a statement on deviation or variation for proceeds of a preferential issue. The financial results were prepared on a going concern basis, despite previous losses and current asset insufficiency, due to developments in its subsidiary, Modulex Modular Buildings Private Limited (MMBPL), including project completion and promoter financial support.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 declared.
- Board of Directors approved the financial results on August 5, 2026.
- Statement on deviation for preferential issue proceeds also approved.
- Results prepared on a going concern basis due to subsidiary's progress.
- Financials reflect progress in subsidiary MMBPL's project activities.
Price Impact
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