Quarterly Result24 Jul 2026, 06:30 pm
Satchmo Holdings Ltd Q1 FY27 Unaudited Results Reviewed
AI Summary
Satchmo Holdings Ltd has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The results were approved by the Board of Directors and accompanied by a Limited Review Report from statutory auditors KAMG & Associates. The report highlights a disputed liability of ₹1928 lakhs related to the Long Island Project, with revenue not recognized since FY25. Additionally, a 'No Dues Certificate' is pending from HDFC Ltd. for a ₹1554 lakhs settlement, and the registration for project 'Rio' under RERA has not been renewed since March 2019.
Key Highlights
- Unaudited Q1 FY27 results declared for standalone and consolidated financials.
- Disputed liability of ₹1928 lakhs on Long Island Project impacts revenue recognition.
- Pending 'No Dues Certificate' from HDFC Ltd. for ₹1554 lakhs settlement.
- Non-renewal of 'Rio' project registration under RERA noted.
- Limited Review Report issued by KAMG & Associates.
Price Impact
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