Landmark Property Development Company Ltd
Landmark Property Development Q2 FY27 Net Profit Rs. 17.90 Lacs
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 13 Nov 2026, 04:21 PM IST · BSE ID: 8232b3b2-14bc-42f6-a6a5-394c18deef29
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a profit for the quarter, largely due to receiving overdue advance payments from a related party.
🤖 AI Summary
- Net Profit was Rs. 17.90 Lacs for the quarter ended 30 September 2026 (Q2 FY27).
- Revenue from operations was nil for Q2 FY27, compared to nil in Q1 FY27 and Rs. 123.19 Lacs in Q2 FY26.
- Gross outstanding balance of space booking advances from Eterna Living Pvt. Ltd. reduced to Rs. 2,711.15 Lacs.
- Company received Rs. 800.00 Lacs from Eterna Living Pvt. Ltd. during Q2 FY27.
- Provision of Rs. 1,600.00 Lacs for Eterna Living advances was maintained as of 30 September 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (Q2 FY27)
0.00 Lacs
Not comparable — limited prior period data.
Other Income (Q2 FY27)
46.03 Lacs
197.74
Total Income (Q2 FY27)
46.03 Lacs
197.74
Profit/(Loss) for the period (Q2 FY27)
17.90 Lacs
Not comparable — limited prior period data.
Basic Earnings per Equity Share (Q2 FY27)
0.013 Rupees
Not comparable — limited prior period data.
Gross Outstanding Balance from Eterna Living Pvt. Ltd. (as of 30 Sep 2026)
2,711.15 Lacs
Refund Received from Eterna Living Pvt. Ltd. (Q2 FY27)
800.00 Lacs
🏢 How This Affects the Company
The absence of revenue from operations for the quarter indicates limited core business activity during Q2 FY27. The recovery of advances impacts liquidity but does not reflect core real estate development operations.
Net Profit increased to Rs. 17.90 Lacs in Q2 FY27, contrasting with a loss in the prior year period. Total current assets increased to Rs. 4,684.33 Lacs as of 30 September 2026 from Rs. 4,206.52 Lacs as of 31 March 2026.
The ongoing outstanding balance of Rs. 2,711.15 Lacs from Eterna Living Pvt. Ltd. and the retention of a Rs. 1,600.00 Lacs provision highlights a persistent recoverability risk for these advances.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the improved net profit of Rs. 17.90 Lacs for Q2 FY27, reflecting the company's financial performance.
🔍
Management Signal
The extension of the repayment timeline for Eterna Living advances to 31 March 2027 and subsequent partial recovery signals active management of legacy receivables.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — monitor for sustained profitability and revenue from operations.
Update on Eterna Living Pvt. Ltd. repayment — track the recovery of the remaining Rs. 2,711.15 Lacs.
Developments regarding Talabasta Fireclay Mines demand notice — follow the legal proceedings for Rs. 105.90 Lacs.
MEDIUM RISK
Persistent recoverability risk of advances from Eterna Living and ongoing legal disputes present financial uncertainties.
💡 Investor Takeaway
Landmark Property Development reported a Net Profit of Rs. 17.90 Lacs for Q2 FY27, compared to a Net Loss of Rs. 3.27 Lacs in Q2 FY26. Revenue from operations for the quarter was nil. The company received Rs. 800.00 Lacs from Eterna Living Pvt. Ltd., reducing the gross outstanding to Rs. 2,711.15 Lacs.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit for Q2 FY27 was Rs. 17.90 Lacs, a turnaround from a Net Loss of Rs. 3.27 Lacs in Q2 FY26.
- Successful recovery of Rs. 800.00 Lacs in space booking advances from Eterna Living Pvt. Ltd. during Q2 FY27.
⚠️ Concerns
- Revenue from operations was nil for the quarter ended 30 September 2026, consistent with the prior quarter.
- Gross outstanding balance from Eterna Living Pvt. Ltd. remains at Rs. 2,711.15 Lacs with a Rs. 1,600.00 Lacs provision.
📅 Company Track Record
No previous filings were found for Landmark Property Development Company Ltd. The company was formerly known as Konark Minerals Limited. It is engaged in real estate development, its only operating segment.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Landmark Property Development's net profit for Q2 FY27?
Landmark Property Development reported a Net Profit of Rs. 17.90 Lacs for the quarter ended 30 September 2026 (Q2 FY27).
What was Landmark Property Development's revenue from operations in Q2 FY27?
The company's Revenue from operations was nil (0.00 Lacs) for the quarter ended 30 September 2026 (Q2 FY27).
How much did Landmark Property Development recover from Eterna Living Pvt. Ltd. in Q2 FY27?
Landmark Property Development received Rs. 800.00 Lacs from Eterna Living Pvt. Ltd. during the quarter ended 30 September 2026.
What is the outstanding balance from Eterna Living Pvt. Ltd. as of 30 September 2026?
The gross outstanding balance of space booking advances from Eterna Living Pvt. Ltd. stands at Rs. 2,711.15 Lacs as of 30 September 2026.
What provision has Landmark Property Development made for advances to Eterna Living Pvt. Ltd.?
A provision of Rs. 1,600.00 Lacs against the advances from Eterna Living Pvt. Ltd. has been retained as of 30 September 2026.
Questions based on this BSE filing only. For information purposes.