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Other Textile Products
Quarterly Result14 Aug 2026, 02:10 pm

United Leasing declares Q1 FY27 Standalone Unaudited Financial Results

AI Summary

United Leasing & Industries Ltd announced its Standalone Unaudited Financial Results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results during a meeting held on August 14, 2026. The company has adopted the revaluation model for a land parcel, recording a gain of ₹149.06 Lakhs (Net of tax) in other comprehensive income. Additionally, the company has extended short-term loans to related parties without accruing interest, as they are receivable on demand. Short-term borrowings from related parties were also noted.

Key Highlights

  • Board approved Standalone Unaudited Financial Results for Q1 FY27.
  • Gain of ₹149.06 Lakhs recorded from land revaluation.
  • No interest accrued on short-term related party loans.
  • Short-term borrowings from related parties were taken.