Filter announcements
Loading...
Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.
3P Land Holdings clarified its financial results. Standalone and consolidated figures were identical because losses from an associate company were accounted for only up to 3P Land's investment, explaining previously disclosed numbers.
3P Land Holdings clarified why its Standalone and Consolidated financials were identical. With no subsidiaries, and losses from its single associate capped at the company's investment, both sets of figures converged. This explanation addresses the presentation but does not change the reported numbers.
The company clarified its Standalone and Consolidated financials are identical because losses from an associate company were recognized only up to its investment, as per accounting standards. This explains the figures and is not an error, thus not affecting previously disclosed numbers.
The company clarified its financial results: the reporting format complies with CIC norms. Standalone and consolidated figures are identical because associate losses are capped. Further, consolidated results exclude one associate's financials, though management believes the impact is immaterial.
3P Land Holdings has announced a board meeting on May 10, 2025, approving the consolidated financial results for the quarter and year ended March 31, 2025. 1) Revenue Performance: Consolidated total revenue grew 25.7% YoY to ₹447.26 lakh, driven by higher income from investments (₹262.61 lakh vs ₹233.61 lakh) and...