AGM/EGM29 Sept 2026, 04:11 pm

Nimbus Projects Ltd: FY26 Consolidated Loss ₹8798.85 Lakh

AI Summary

Nimbus Projects Limited held its 33rd Annual General Meeting on September 29, 2026. The Chairman's speech highlighted the company's performance for the financial year ended March 31, 2026. Standalone revenue was ₹146.73 Lakh with a loss of ₹1212.94 Lakh. Consolidated revenue significantly increased to ₹22875.62 Lakh from ₹17829.71 Lakh in the previous year. However, the consolidated net loss widened to ₹8798.85 Lakh from a profit of ₹6411.66 Lakh in the prior year. The company successfully delivered four projects: Express Park View- I, Express Park View-II, Hyde Park, and Golden Palms. Two ongoing projects, Nimbus The Palm Village and Nimbus Sunworld Arista, are progressing. The company plans to expand beyond the Delhi-NCR region into select Tier-2 cities.

Key Highlights

Consolidated revenue up to ₹22875.62 Lakh in FY26.
Consolidated loss of ₹8798.85 Lakh in FY26.
Four projects delivered; two ongoing projects progressing.
Expansion planned into Tier-2 cities beyond NCR.

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NIMBSPROJ

Residential- Commercial Projects

NIMBUS PROJECTS LTD.

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