Integrated Filing- Financial

Landmark Property Development Company Limited has announced a board meeting to discuss its financial results for the quarter and nine-month period ended December 31, 2024. The company reported total income of ₹161.24 crore, with a net loss of ₹356.77 crore attributable to exceptional items.

Notably, outstanding space booking advances from Ansal Landmark (Karnal) Township Pvt Ltd amount to ₹3526.15 lakh, highlighting ongoing recoverability concerns.

Investors may perceive this as a potential risk, especially given the company's significant loss and provisions made against these advances, although management indicates a commitment to expedite project developments.