The Board of Directors had approved the unaudited Financial Results for the quarter ended December 31 2025.
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 20 Jun 2026, 05:32 PM IST · BSE ID: c8514973-7f60-4b5b-a858-b29495f4e9fe
View Original BSE Filing (PDF)
💡
In Simple Terms
Binny Ltd reported profit for the last quarter, but auditors raised concerns about unresolved financial amounts.
🤖 AI Summary
- Binny Ltd approved unaudited Q3 FY26 financial results, reporting net profit of INR 1,154.77 Lakhs.
- Auditor issued qualified conclusion regarding INR 2,918.05 Lakhs advance to RRB Energy, recoverability unconfirmed.
- Auditor also unable to comment on revenue recognition for a INR 4,170 Lakhs land sale due to Ind AS 115 concerns.
- Revenue from operations for the quarter ended December 31, 2025, was INR 1,908.34 Lakhs.
- The company's only operating segment is Real Estate Business.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for Q3 FY26
1,154.77 Lakhs
Revenue from Operations (Q3 FY26)
1,908.34 Lakhs
Revenue from Operations (Nine Month Ended 31.12.2025)
4,292.04 Lakhs
Revenue from Operations (Nine Month Ended 31.12.2024)
3,986.58 Lakhs
Unconfirmed Advance to RRB Energy
2,918.05 Lakhs
Uncertain Land Sale Revenue
4,170 Lakhs
Earnings per share (Basic, Q3 FY26)
5.17 Rs.
🏢 How This Affects the Company
The company continues its real estate operations, recognizing INR 4,189.44 Lakhs revenue from a joint development agreement for the nine-month period.
The qualified audit conclusion indicates uncertainty around the recoverability of INR 2,918.05 Lakhs in advances and the recognition of INR 4,170 Lakhs in land sale revenue.
The qualified audit opinion and ongoing NCLT proceedings for INR 2,918.05 Lakhs introduce financial reporting and recovery risks for the company.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial results and the auditor's qualified opinion concerning significant unresolved financial items totaling INR 2,918.05 Lakhs and INR 4,170 Lakhs.
🔍
Management Signal
Management continues to pursue legal action for recovery of advances and has approved the unaudited results despite the auditor's qualified conclusion.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Outcome of NCLT hearing on July 17, 2026, regarding RRB Energy advance.
Binny Ltd's Q4 FY26 financial results for full fiscal year performance.
Further updates on the recognition of the INR 4,170 Lakhs land sale revenue.
HIGH RISK
Significant audit qualifications on material financial items and ongoing legal recovery proceedings.
💡 Investor Takeaway
Binny Ltd reported a Q3 FY26 net profit of INR 1,154.77 Lakhs. The auditor issued a qualified conclusion due to unresolved financial items, specifically INR 2,918.05 Lakhs in unconfirmed advances and INR 4,170 Lakhs in unverified land sale revenue recognition.
⚖️ Strengths & Concerns
✅ Positives
- Net profit for the quarter ended December 31, 2025, was INR 1,154.77 Lakhs, indicating profitability for the period.
- Revenue from operations for the nine months ended December 31, 2025, increased to INR 4,292.04 Lakhs from INR 3,986.58 Lakhs year-on-year.
⚠️ Concerns
- Auditor's qualified conclusion due to lack of sufficient evidence for recoverability of INR 2,918.05 Lakhs advanced to RRB Energy Limited.
- Auditor unable to comment on completeness and appropriateness of revenue recognition for a INR 4,170 Lakhs land sale.
📅 Company Track Record
Binny Ltd's Q2 FY26 results also showed INR 997.84 Lakhs net profit but auditor flagged Rs. 4,830.05 Lakhs in unresolved items. Q1 FY26 results similarly approved with auditor flagging INR 4,830.05 Lakhs in unresolved financial items. The company has a history of audit qualifications concerning significant financial items.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Binny Ltd's net profit for the quarter ended December 31, 2025?
Binny Ltd reported a net profit of INR 1,154.77 Lakhs for the quarter ended December 31, 2025.
What were the auditor's key concerns in Binny Ltd's Q3 FY26 results?
The auditor expressed concerns regarding the unconfirmed recoverability of INR 2,918.05 Lakhs advanced to RRB Energy Limited and could not comment on revenue recognition for a INR 4,170 Lakhs land sale.
What was Binny Ltd's revenue from operations for Q3 FY26?
Binny Ltd's revenue from operations for the quarter ended December 31, 2025, was INR 1,908.34 Lakhs.
Is Binny Ltd taking action regarding the advanced amount to RRB Energy Limited?
Yes, Binny Ltd has filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of insolvency proceedings against RRB Energy Limited for the recovery of INR 2,918.05 Lakhs.
How much revenue was recognized from the Joint Development Agreement for the nine-month period?
Revenue recognized under the Second Amended and Reinstated Joint Development Agreement, dated August 6, 2025, includes INR 4,189.44 Lakhs for the nine-month period.
Questions based on this BSE filing only. For information purposes.