Prozone Realty's Q2 profit, income rise; director re-appointment rejected
Prozone Realty Limited's board of directors met on November 12, 2025, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The standalone net profit for the quarter was ₹5.38 lakhs, with total income at ₹476.94 lakhs. For the half-year, standalone net profit stood at ₹55.35 lakhs, and total income was ₹955.17 lakhs.
The consolidated financial results show a net profit for the quarter of ₹341.92 lakhs and total income of ₹4,912.29 lakhs. For the half-year, consolidated net profit reached ₹720.18 lakhs, with total income at ₹9,027.08 lakhs.
A notable point in the financial statement relates to the company's application for the re-appointment of its deputy managing director, which was rejected by the Ministry of Corporate Affairs. Prozone Realty is evaluating recourse for the remuneration and salary advances paid to the director, totaling ₹682 lakhs. The auditors, MSKA & Associates, issued an unmodified conclusion on the standalone financial results.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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