Nila Spaces Limited — Important, 05-05-2025: Updates

Nila Spaces has announced a board meeting to approve the financial results for the quarter and half-year. The company invested Rs 84.85 lakh in compulsorily convertible preference shares of Smarter Dharma Sustainable Solutions, gaining a 2.32% stake in their sustainable real estate SaaS platform. New statutory, internal, and cost auditors have been appointed for FY 2025-26 onwards. Consolidated profit before tax rose to Rs 20.47 Cr from Rs 15.98 Cr year-on-year, driven by higher operational income and controlled finance costs.