Peninsula Land Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025 (Q3 FY26). The company reported a net loss of ₹1,112 crore for the quarter, compared to a loss of ₹680 crore in the previous year. For the nine-month period ended December 31, 2025, the net loss stood at ₹1,817 crore. The company's revenue from operations for the quarter was ₹2,691 lakh, while total expenses amounted to ₹4,177 lakh, resulting in a loss before exceptional items and tax of ₹1,112 lakh. Exceptional items for the quarter amounted to ₹1,137 lakh. The limited review report highlighted a significant concern regarding the carrying value of investments and loans amounting to ₹9,615 lakh in its wholly-owned subsidiary, Peninsula Holdings and Investments Private Limited (PHIPL), which has invested in a joint venture entity, Hem Infrastructure and Development Private Limited (HIPDPL). CIRP has been initiated against HIPDPL, and the recoverable value of the investments cannot be determined pending the outcome of NCLT proceedings. An appeal against the NCLAT order was preferred with the Supreme Court on December 27, 2025, while discussions for a structured settlement are ongoing. The financial results were approved by the Board of Directors at a meeting held on February 5, 2026, which commenced at 2:15 PM and concluded at 4:24 PM. The results are also disseminated on the company's website.
