Suratwwala Business Group approves Q2 results, invests in real estate advisory
Suratwwala Business Group Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2025. Consolidated total revenue for the half-year reached INR 4,282.35 lakhs, with a net profit of INR 1,349.11 lakhs for the period. Standalone total revenue was INR 3,314.76 lakhs, yielding a net profit of INR 1,213.26 lakhs.
The company also approved an investment in NextRiise Real Estate Advisors Private Limited, a new entity under incorporation. SBGL will acquire 49% of the equity share capital, amounting to 49,000 equity shares of INR 10 each, for a total of INR 49,000. This investment aligns with SBGL's existing business operations and strategic objectives in real estate advisory and consulting.
A trading window closure for designated persons and their immediate relatives has been announced, effective from October 1, 2025, until 48 hours after the declaration of 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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