Valor Estate Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 08:45 pm
30-05-2025 | 08:45 pm
Valor Estate Limited has announced a board meeting approving the audited consolidated financial results for the quarter and half-year. Group revenue jumped to Rs. 1,13,308 Cr from Rs. 357 Cr last year, driven by real estate and hospitality. Despite this, the company posted a consolidated loss before tax of Rs. 190.78 Cr, impacted by higher project costs, inventory changes, finance charges, and impairments. Legal issues remain ongoing, with management optimistic about outcomes. The demerger of the hospitality segment is pending final NCLT approval. No dividend or capital raise plans were disclosed.
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