Popular Estate Management Ltd — Board Meeting, 20-05-2025: Board Meeting

Popular Estate Management Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported total income of Rs. 46.58 lakh, primarily from other income linked to a reversal of prior rent liability dispute settled this year. Operating expenses stood at Rs. 67.50 lakh, leading to a net loss of Rs. 35.51 lakh for the year. The auditor issued an unmodified opinion confirming the results give a true and fair view. The company has substantial contingent liabilities related to disputed tax claims, which management expects to resolve without material impact. Some non-performing assets were written off during the year.