Skyline Millars Ltd

Meeting Details

• Date: Wednesday, 29 July 2026.
• Time not disclosed.
• Location not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for the first quarter ended 30 June 2026.
• Any other matter, if any.

Other Notes

• No other material notes disclosed.

Dematerialisation status

• Securities received for dematerialisation were listed on stock exchanges.
• Certificates were mutilated and cancelled after verification, and depositories named as registered owner.
• Name of the depository substituted in the register of members within prescribed timeline.

Financial Performance 📊

• Q3 revenue from operations was ₹67.86 crore, down 3% QoQ from ₹70 crore.
• Nine months revenue from operations was ₹191.97 crore versus ₹0.01 crore last year due to segment discontinuation.
• Q3 total income stood at ₹74.57 crore, down from ₹77.41 crore in Q2 2025.
• Q3 profit before tax loss improved to ₹3.25 crore from a loss of ₹22.88 crore in Q2 2025.
• Nine months loss before tax was ₹60.53 crore versus ₹46.73 crore last year.
• Q3 net loss was ₹3.25 crore; nine months net loss was ₹60.53 crore.
• Basic and diluted EPS for Q3 was negative ₹0.01; nine months EPS was negative ₹0.15.

Cost & Expenses

• Q3 cost of construction was ₹42.99 crore, down from ₹65.11 crore in Q2 2025.
• Employee benefits expenses increased to ₹8.29 crore in Q3 from ₹8.03 crore in Q2 2025.
• Other expenses were ₹26.33 crore in Q3, slightly lower than ₹26.95 crore in Q2 2025.
• Depreciation was ₹0.22 crore in Q3; no finance cost reported.

Operations & Legal ⚖️

• Company operates primarily in real estate with one reportable segment after discontinuing Umreth division.
• Unable to launch next phase at Ghatkopar since 2011 due to pending Supreme Court matter.
• New labor codes effective Nov 21, 2025 caused immaterial expense increase recognized in Q3 P&L.

Audit

• Auditor’s limited review report found no material misstatements in unaudited Q3 and nine months results.

Financial Performance

• Board approved unaudited standalone financial results for Q3 and nine months ended December 31, 2025.
• Total income for nine months was Rs. 213.15 million; loss before and after tax was Rs. 60.53 million.
• Basic and diluted EPS for nine months was negative Rs. 0.15 per share.
• Auditor’s limited review report expressed no material misstatements or qualifications on the unaudited results.

Business Operations

• Company operates primarily in real estate with one reportable segment after discontinuing Umreth division.
• Launch of next development phase at Ghatkopar delayed since 2011 due to pending Supreme Court matter.

Regulatory Impact ️

• New labor codes effective November 21, 2025, recognized in expenses but impact is not material.

🗓️ Meeting Details

• Board meeting scheduled for 4 February 2026.

📊 Financial Performance

• Consider and approve unaudited financial results for Q3 and nine months ended 31 December 2025.