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Peninsula Land LimitedOthers, 29-05-2025: Appointment

29-05-2025 | 07:56 pm

Peninsula Land has announced a board meeting outcome approving the financial results for the quarter and financial year ended March 31, 2025. The company reported a standalone net loss of Rs. 25.27 Cr for the year, down from a profit of Rs. 93.79 Cr, mainly due to exceptional items including provisions for financial guarantees and property tax reversals totaling Rs. 6.52 Cr. Consolidated results showed a net loss of Rs. 38.48 Cr versus a profit of Rs. 128.70 Cr previously, impacted by impairment charges and a property tax refund. Ms. Pooja Sutradhar was appointed Company Secretary and Compliance Officer. Peninsula raised Rs. 150 Cr via optionally convertible debentures and converted 1.53 crore warrants into equity shares. Auditors gave clean opinions on both sets of financials.

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