Laser Diamonds Ltd

Key financials

• Board approved unaudited Q1 results for quarter ended 30 June 2026.
• Net loss after tax for the quarter: Rs 0.31 Lakhs.
• Basic and diluted EPS: Rs (0.01) per share.
• Total assets as of 30 Jun 2026: Rs 50.66 Lakhs.
• Borrowings as at 30 Jun 2026: Rs 40.03 Lakhs, including loan from Director.
• Cash and cash equivalents: Rs 0.67 Lakhs.
• Equity share capital: Rs 401.31 Lakhs.
• Reserves excluding revaluation reserves: Rs (390.98) Lakhs.
• Total comprehensive income for the period: Rs (0.34) Lakhs.

Financials

• Q4 ended 31 Mar 2024 net loss after tax: Rs 0.31 Lacs.
• Full-year ended 31 Mar 2024 net loss after tax: Rs 3.28 Lacs.
• Other income for FY2023-24: Rs 6.0 Lacs.
• Total income from operations not reported in the results.
• Paid-up equity share capital: Rs 401.31 Lacs.
• Cash and cash equivalents at end of year: Rs 0.88 Lacs.
• Net decrease in cash from operating activities: Rs 0.02 Lacs.

Appointment details

• Ms. Divya Garg appointed as Company Secretary and Compliance Officer, designated as Key Managerial Personnel (KMP).
• Date of appointment: 16 July 2026; full-time appointment.
• Reason for change: appointment.
• Professional profile: membership certificate dated 6 August 2018; experience in various audits.
• Disclosures: none with directors or promoters.
• Additional governance: designated KMP with authority for Company Secretary and Compliance Officer duties.

Financial Performance 📊

• Turner Industries reported standalone net loss of Rs. 0.31 lakh for Q3 FY26, improving from Rs. 0.64 lakh loss in Q2 FY26.
• Total income from operations was nil for Q3 FY26 and previous quarters.
• Total expenses for Q3 FY26 were Rs. 0.31 lakh, down from Rs. 0.64 lakh in Q2 FY26.
• Nine-month net loss stood at Rs. 1.25 lakh for FY26 versus Rs. 1.28 lakh for the same period last year.
• Basic and diluted EPS for Q3 FY26 was negative Rs. 0.01, improving from negative Rs. 0.02 in Q2 FY26.

Balance Sheet & Liquidity

• Total assets stood at Rs. 50.68 lakh as of Dec 31, 2025, largely unchanged from Rs. 50.80 lakh as of Mar 31, 2025.
• Borrowings increased slightly to Rs. 38.94 lakh as of Dec 31, 2025, from Rs. 37.80 lakh as of Mar 31, 2025.
• Cash and cash equivalents were Rs. 0.69 lakh as of Dec 31, 2025, down from Rs. 0.81 lakh as of Mar 31, 2025.
• Deferred tax assets remained stable at Rs. 46.69 lakh as of Dec 31, 2025.
• Other current liabilities decreased to Rs. 0.30 lakh as of Dec 31, 2025, from Rs. 0.60 lakh as of Mar 31, 2025.

Capital Structure

• Equity share capital remained stable at Rs. 401.31 lakh with a face value of Rs. 10 per share.
• Reserves excluding revaluation reserves were negative Rs. 386.28 lakh as of Dec 31, 2025.

Operations & Segment

• Company operates in property development with a single reportable segment under IND AS 108.

Audit

• Auditor’s review report issued with no material misstatements noted for Q3 FY26 financials.

Financial Performance 📊

• Board approved unaudited standalone results for Q3 and nine months ended 31 Dec 2025.
• Total income from operations was nil for both Q3 and nine months ended 31 Dec 2025.
• Net loss after tax was Rs. 0.31 lakh for Q3 and Rs. 1.25 lakh for nine months ended 31 Dec 2025.
• Earnings per share (EPS) was negative Rs. 0.01 for Q3 and negative Rs. 0.03 for nine months ended 31 Dec 2025.

Financial Position

• Equity share capital remained Rs. 401.31 lakhs as of 31 Dec 2025.
• Reserves excluding revaluation reserves stood at negative Rs. 386.28 lakhs as of 31 Dec 2025.
• Total assets were Rs. 50.68 lakhs; total liabilities Rs. 39.24 lakhs; equity Rs. 11.44 lakhs as of 31 Dec 2025.
• Borrowings increased to Rs. 38.94 lakhs as of 31 Dec 2025 from Rs. 37.80 lakhs as of 31 Mar 2025.

Audit and Compliance

• Auditor’s review report on unaudited results contained no material misstatement or qualification.

Business Operations

• Company operates in a single segment: Property Development.