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Tree House Education Board Approves Q3 FY26 Un-audited Results & Re-appoints MD
Tree House Education & Accessories Limited
January 16, 2026, 01:22 PM
Tree House Education's Board approved Q3 FY26 un-audited results, reporting a net loss of ₹99 lakhs for the standalone and consolidated entities. The company re-appointed Mr. Rajesh Doulatram Bhatia as Managing Director for three years starting Feb 9, 2026. M/s. Dharmesh Parekh & Associates were re-appointed as Internal Auditors for FY27. The company also reported progress on settlements for arbitration and receivable disputes.
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Tree House Education & Accessories Limited's Board of Directors convened on January 16, 2026, to approve the un-audited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025, along with the limited review report from the statutory auditors. The board also approved the re-appointment of M/s. Dharmesh Parekh & Associates as the Internal Auditor for the financial year 2026-27. Furthermore, Mr. Rajesh Doulatram Bhatia was re-appointed as the Managing Director for a further period of 3 years, effective February 9, 2026, to February 8, 2029, subject to shareholder approval. The board also considered and approved the draft notice of Postal Ballot for circulation to members.
The unaudited standalone and consolidated financial statements for the quarter ended December 31, 2025, show a net loss of ₹99 lakhs and ₹99 lakhs respectively. For the nine-month period ended December 31, 2025, the standalone and consolidated net loss stood at ₹92 lakhs each.
The company's financials also highlight ongoing legal matters. An arbitration matter with Janodhar Sikhshan Prasarak Mandal resulted in an out-of-court settlement, with the company receiving ₹2.50 crores of a ₹3 crores deposit, waiving ₹158.16 lakhs in interest and ₹46.11 lakhs in damages. A dispute with Vidya Bharti Samiti led to a settlement of ₹85.11 lakhs receivable for ₹11 lakhs, with ₹74.10 lakhs written off. A security deposit of ₹29 crores with Vidya Bharti Samiti is to be refunded in phases over 30 years, with ₹8.78 crores previously impaired by the company. The company is also involved in a civil suit and FIR related to property disputes in Vadodara, though interim relief has been granted by the Gujarat High Court.
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