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Landmark Property Development Company LimitedResults, 11-02-2025: Integrated Filing- Financial

11-02-2025 | 04:20 pm

Landmark Property Development Company Limited has announced a board meeting to discuss its financial results for the quarter and nine-month period ended December 31, 2024. The company reported total income of ₹161.24 crore, with a net loss of ₹356.77 crore attributable to exceptional items. Notably, outstanding space booking advances from Ansal Landmark (Karnal) Township Pvt Ltd amount to ₹3526.15 lakh, highlighting ongoing recoverability concerns. Investors may perceive this as a potential risk, especially given the company's significant loss and provisions made against these advances, although management indicates a commitment to expedite project developments.

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