Real Estate Maharashtra

Konndor FY26 Loss ₹4.11 Lakh, Revenue Down 78% in Realty Shift

2026-09-23 · GeoSquare News Scraper

FY26 performance

Konndor Industries reported a net loss of ₹4.11 lakh for FY26, with revenue declining 78% year on year. The weak topline points to limited operational scale during the period.

Real estate and infrastructure expansion

The company has widened its business objects to include real estate and infrastructure, with a stated focus on Maharashtra. No specific projects, timelines or RERA registrations have been disclosed in the latest update.

Audit red flag

A secretarial audit flagged non-compliances. For property buyers and investors tracking listed entities entering real estate, such governance issues warrant closer due diligence before relying on any future project pipeline.

What Maharashtra buyers should watch

Investors should monitor RERA registrations, project approvals, land titles and execution track record. A corporate intent to enter real estate does not automatically translate into deliverable housing or infrastructure assets.