Board Meeting14 Aug 2026, 02:18 pm
United Leasing & Industries Ltd Board Approves Q1 FY27 Unaudited Results
AI Summary
United Leasing & Industries Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the standalone unaudited financial results for the quarter ended June 30, 2026. The results were prepared in accordance with Indian Accounting Standard 34 and comply with SEBI Listing Regulations. The auditor's review report indicates no material misstatements. The company adopted the revaluation model for a land parcel, resulting in a gain of ₹149.06 Lakhs (net of tax) recognized in other comprehensive income. Additionally, the company extended short-term, interest-free loans to related parties, classified as receivable on demand.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Revaluation of land parcel resulted in a gain of ₹149.06 Lakhs.
- Company provided interest-free short-term loans to related parties.
- Auditor's review report found no material misstatements.
- Results prepared as per Ind AS 34 and SEBI Listing Regulations.
Price Impact
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