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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Devoted Construction Ltd

Devoted Construction: Q2 FY27 Net Loss at Rs. (4.36) Lakhs, Revenue Rs. 20.00 Lakhs

RESULTS ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 13 Nov 2026, 04:42 PM IST  ·  BSE ID: 53d2ce15-73d5-4e5c-966c-a42999af383c
View Original BSE Filing (PDF)
💡
In Simple Terms
Devoted Construction reported a loss of Rs. (4.36) Lakhs for the half-year, with Rs. 20.00 Lakhs in revenue.
🤖 AI Summary
  • Devoted Construction Limited reported a standalone Profit/(Loss) for the year after Tax of Rs. (4.36) Lakhs for the half-year ended September 30, 2026.
  • Revenue from operations stood at Rs. 20.00 Lakhs for the half-year ended September 30, 2026.
  • The Board of Directors approved the unaudited standalone financial results for Q2 FY27 and the half-year ended September 30, 2026.
  • Statutory Auditors, M/s KRA & Associates, issued an unmodified opinion on the financial results for the half-year ended September 30, 2026.
  • An ICICI Bank account with Rs. 9,96,58,051 remains frozen by the Income Tax Department, despite a NIL liability order dated March 18, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (Half-year ended 30.09.2026)
20.00 Lakhs
Not comparable — limited prior period data.
Profit / (Loss) for the year after Tax (Half-year ended 30.09.2026)
(4.36) Lakhs
Not comparable — limited prior period data.
Basic & Diluted EPS (Half-year ended 30.09.2026)
(0.15) Rs.
Not comparable — limited prior period data.
Paid Up Equity Share Capital
300.11 Lakhs
Frozen Bank Account Amount
9,96,58,051 Rs.
🏢 How This Affects the Company
💰
Financial Impact
The company reported a net loss of Rs. (4.36) Lakhs for the half-year ended September 30, 2026, contributing to an accumulated Profit/(Loss) before tax of Rs. (4.36) Lakhs for the period.
⚠️
Risk Impact
The continued freezing of an ICICI Bank account for Rs. 9,96,58,051 by the Income Tax Department, despite a NIL liability order, poses a liquidity and operational risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of Rs. (4.36) Lakhs and the ongoing issue with the frozen bank account of Rs. 9,96,58,051, as these factors directly impact the company's financial position.
🔍
Management Signal
The board's approval of the half-yearly results and the declaration of an unmodified audit opinion signal adherence to regulatory disclosure requirements, while the notes highlight unresolved financial matters.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 financial results — monitor progress on revenue and profitability.
Updates on the resolution of the frozen ICICI Bank account.
Further details on the Joint Venture / Collaboration Agreement with G.C Construction & Development Industries Pvt Ltd.
HIGH RISK Company reported a loss and has a significant portion of its cash frozen by tax authorities.
💡 Investor Takeaway
Devoted Construction Limited reported a Profit/(Loss) for the year after Tax of Rs. (4.36) Lakhs for the half-year ended September 30, 2026, with Revenue from operations at Rs. 20.00 Lakhs. A bank account holding Rs. 9,96,58,051 remains frozen by the Income Tax Department despite a nil liability order.
⚖️ Strengths & Concerns

⚠️ Concerns

  • The company reported a Profit/(Loss) before tax of Rs. (4.36) Lakhs for the half-year ended September 30, 2026.
  • An ICICI Bank account with Rs. 9,96,58,051 remains frozen by the Income Tax Department, despite an Income Tax Liability of Nil as per an order dated March 18, 2026.
📅 Company Track Record
Devoted Construction Limited was incorporated in 2016. The company’s FSI inventories were recognized at historical cost based on a Demerger Scheme of Arrangement order dated November 27, 2017, between Blueblood Ventures Limited and Devoted Construction Limited.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What were Devoted Construction Limited's financial results for Q2 FY27?
Devoted Construction Limited reported Revenue from operations of Rs. 20.00 Lakhs and a Profit/(Loss) for the year after Tax of Rs. (4.36) Lakhs for the half-year ended September 30, 2026.
What is the status of Devoted Construction Limited's frozen bank account?
An ICICI Bank account with Rs. 9,96,58,051 has been marked freeze or lien by the Income Tax Department since April 28, 2023, despite a subsequent Income Tax Liability order of Nil dated March 18, 2026.
What was the Basic & Diluted EPS for Devoted Construction Limited in Q2 FY27?
The Basic & Diluted EPS for Devoted Construction Limited was (0.15) Rs. for the half-year ended September 30, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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