Croissance Ltd

Croissance Limited trading window closure from 01 October 2026 till 48 hours after the declaration of Un-audited Financial Results for the Quarter and Financial Year ended 30.09.2026

Financial highlights

• Standalone revenue from operations Rs 60.68 lakhs for FY2025-26.
• Standalone PAT Rs 5.43 lakhs; EPS Rs 0.01.
• Consolidated total income Rs 80.90 lakhs; Consolidated PAT Rs 5.09 lakhs.
• Consolidated EPS Rs 0.01.

Capital and dividends

• Authorized share capital unchanged at Rs 750.0 lakhs; paid-up Rs 685.48 lakhs.
• Dividend for the year not recommended; no dividend declared.
• Borrowings current: Rs 90.88 lakhs from related parties.

Corporate actions & governance

• Special resolution approved to convert outstanding loan into equity shares; price to be determined.
• M G S Reddy & Co appointed as Statutory Auditors for five-year term.
• Casual vacancy in auditors to be filled per AGM.

Subsidiaries & consolidation

• Subsidiaries: Delicieux Restaurants Private Limited and Corbel Energy Private Limited.
• Delicieux is unaudited in consolidation; results rely on management-certified figures.
• Corbel Energy holds 75%; Delicieux holds 85%.

Operations and risk factors

• MD&A notes improving economy; inflation remains a dampener.
• Risks include competition and policy changes affecting profitability.

Related party transactions

• Remuneration to KMP: MD 36.00; spouse 12.00 for the year.
• Loans/advances to related parties: Rs 213.51 lakhs; related party borrowings Rs 90.88 lakhs.

Audit, controls and compliance

• Independent audit notes potential limitations due to unaudited subsidiary Delicieux.
• Secretarial MCA filings flagged; Form AOC-4 XBRL not filed for 2025.

Shareholding and promoters

• Promoter holdings: Sravan Veledandi 15.48%, Reshma Narain 12.31%, Hemant Bahri 0.33%.
• Total paid-up equity: 68.548 million shares.

Board actions & branding

• Board approved standalone and consolidated Q1 FY2026 unaudited results for quarter ended 30 Jun 2026.
• Board noted Independent Auditor's Review for the period.
• Board approved strategic branding for Real Estate as CROISSANCE REALTY and trademark filings.
• Board meeting concluded at 2:15 PM on Aug 5, 2026.

Financial highlights

• Standalone revenue from operations and total revenue figures disclosed for quarter ended 30 Jun 2026.
• Earnings per share continuing operations: basic 0.01, diluted 0.01.
• Consolidated earnings per share continuing operations: basic 0.01, diluted 0.01.
• No reportable segments per Ind AS.
• Revenue includes Rs 9.05 lakhs other income lacking documentation; basis for qualified opinion.
• Consolidated results include Delicieux Restaurants Private Limited (85% subsidiary) and Corbel Energy Private Limited (51%).
• Interim results for these subsidiaries show nil revenue.

Auditor remarks

• Independent Auditor's Review is not an audit and provides moderate assurance.
• Basis for qualified opinion cites missing supporting documentation for Rs 9.05 lakhs revenue.
• Delicieux Restaurants has not undergone limited review; comments limited.

Branding & subsidiaries

• Strategic launch of Croissance Realty branding for Real Estate; trademark applications planned.
• No timeline announced for trademark approvals.

Meeting Details

• Date: Wednesday, 5 August 2026
• Location: registered office of the Company

Key Agenda Items

• Un-audited financial results for the quarter ended 30.06.2026
• Any other business with the permission of the Chair

Other Notes

• Trading window remains closed from 01.07.2026 till 48 hours after the results declaration

Financial Performance 📊

• Standalone Q3 FY26 revenue from operations was ₹20.27 crore, up from ₹19.68 crore in Q3 FY25.
• Standalone Q3 FY26 total expenses were ₹18.34 crore, down from ₹20.29 crore in Q3 FY25.
• Standalone Q3 FY26 profit before tax was ₹1.01 crore, versus a loss of ₹0.83 crore in Q3 FY25.
• Consolidated Q3 FY26 revenue from operations was ₹15.59 crore, unchanged from Q3 FY25.
• Consolidated Q3 FY26 profit before tax was ₹0.17 crore, versus a loss of ₹1.79 crore in Q3 FY25.

Audit & Reporting 🗒️

• Auditor’s review reports for standalone and consolidated results noted no material misstatements.
• Consolidated results include 85% subsidiary Delicieux Restaurants Pvt Ltd and 49% associate Corbel Energy Pvt Ltd, both with nil revenue and profit for Q3 FY26.

Meeting Details

• Board meeting scheduled on 06 January 2026 at 4:00 PM at registered office

Key Agenda Items

• Consideration of unaudited financial results for quarter ended 31 December 2025