Nila Spaces Limited announced the outcomes of its Board Meeting held on May 07, 2026. The Board approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the financial results for the quarter ended March 31, 2026. The company reported total income from operations of ₹17,535.32 lakh for the standalone financial year ended March 31, 2026, and a profit after tax of ₹682.52 lakh. For the consolidated financial year, the total income was ₹9,796.71 lakh with a profit after tax of ₹2,875.77 lakh. Key management changes were also approved during the meeting. Mr. Prashant H Sarkhedi has been appointed as Whole Time Director, and Mr. Deep S Vadodaria has been appointed as Chairman and Managing Director. Additionally, M/s M P Doshi & Associates have been appointed as the Internal Auditor for the financial year 2026-27, and M/s Dalwadi & Associates have been appointed as the Cost Auditor for the same period. The company's operations are primarily in construction and development of buildings for sale and other real estate activities. Nila Spaces Limited also has one subsidiary, Nila Urban Living Private Limited, and one associate company, Megacity Cinematall Private Limited.
