Popular Estate Management Ltd — Results, 20-05-2025: Result

Popular Estate Management Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income of Rs. 46.58 lakh, with operating expenses of Rs. 67.50 lakh, resulting in a net loss of Rs. 35.51 lakh for the year. This includes a reversal of rent liability of Rs. 46.58 lakh, settled mutually with the landlord, recognized as income. The auditor issued an unmodified opinion, confirming the results give a true and fair view. The company continues to contest an income tax claim of Rs. 2216.69 lakh but expects no material impact on its financial position.