StockWatch
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Residential- Commercial Projects
Quarterly Result4 Feb 2026, 02:46 pm

Skyline Millars Ltd. Approves Un-Audited Financial Results for Q3 and Nine Months Ended 31.12.2025

AI Summary

Skyline Millars Ltd. has approved the un-Audited Financial Results for the third quarter and nine months ended 31st December, 2025. The approval was given at a Board of Directors meeting held on 4th February, 2026. The results were reviewed by the Audit Committee and approved by the Board. The company is primarily engaged in the Real Estate business and after the discontinuation of the Umreth division, there is only one reportable segment. The company is unable to launch the next phase of development at Ghatkopar since 2011 due to a matter pending in the Supreme Court. The Government of India has consolidated 29 existing labour laws into four comprehensive codes, which became effective from November 21, 2025. The increase in expenses resulting from the change in law is not material and has been recognized in the Statement of Profit and Loss during the quarter ended December 31, 2025.

Key Highlights

  • Approval of un-Audited Financial Results for Q3 and nine months ended 31.12.2025
  • Reviewed by the Audit Committee and approved by the Board of Directors
  • Primarily engaged in Real Estate business with one reportable segment
  • Unable to launch the next phase of development at Ghatkopar since 2011 due to a matter pending in the Supreme Court
  • Consolidation of 29 existing labour laws into four comprehensive codes by the Government of India