Landmark Property Development Company Limited has reported a significant loss of Rs. 3.46 lakh for the second quarter ending September 30, 2025. The company’s financial results, approved during the Board Meeting on November 10, 2025, indicate a total income of Rs. 70.81 lakh, which is considerably lower than the previous year's income of Rs. 117.30 lakh for the same quarter. The decline in revenue, coupled with rising expenses, including a provision for expected credit losses of Rs. 400 lakh, has contributed to this downturn. The company's management has emphasized that the results are in compliance with the Indian Accounting Standards and the SEBI regulations.

In addition to the quarterly loss, the company's total comprehensive income has also taken a hit, reporting a loss of Rs. 387.50 lakh for the period. This figure reflects the ongoing challenges the company faces, particularly concerning recoverability of advances from a related entity, Ansal Landmark (Karnal) Township Pvt. Ltd., amounting to Rs. 3,526.15 lakh gross. The management has made provisions of Rs. 1,926.15 lakh against this amount, further straining financial performance. The report highlights that while some operational activities continue, the financial landscape remains challenging.

Looking ahead, Landmark Property's balance sheet shows total assets of Rs. 4,337.30 lakh as of September 30, 2025, indicating a slight increase from the previous audited figure of Rs. 4,037.51 lakh. However, the liabilities have also risen, reflecting ongoing operational pressures. The company’s equity share capital remains stable at Rs. 1,341.43 lakh, but the overall equity has decreased marginally to Rs. 3,992.60 lakh. As Landmark navigates these financial challenges, stakeholders will be keenly observing how management addresses these issues in future quarters to restore profitability and confidence in the company's operations.