LPDC2024-07-012024-09-30 LPDC2024-07-012024-09-30 LPDC2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member LPDC2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member LPDC2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member LPDC2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member LPDC2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533012 LPDC NOTLISTED Landmark Property Development Company Limited Equity 2024-04-01 2025-03-31 2024-11-13 2024-11-04 INR Lakhs Half yearly 12:00:00 12:45:00 2024-11-13 2024-11-13 true Cash Flow Indirect Not applicable Single segment Real Estate 2024-07-01 2024-09-30 Unaudited Standalone 2987000.00 1571000.00 4558000.00 0.00 0.00 1434000.00 614000.00 0.00 4000.00 40818000.00 42870000.00 -38312000.00 0.00 -38312000.00 449000.00 -11000.00 438000.00 0.00 -38750000.00 0.00 0.00 0.00 0.00 -38750000.00 0.00 -38750000.00 0.00 0.00 134143000.00 1 -0.29 -0.29 0.00 0.00 -0.29 -0.29 1. The above Financial Results havee been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 13th November, 2024. The Statutory Auditors have conducted audit of these financial results in term of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and have expressed an unmodified opinion on the aforesaid results. 2. The Company is primarily engaged in the business of real estate development which as per Indian Accounting Standard on operating segments (Ind AS - 108) is the only operating segment. 3. The above financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS), as prescribed under section 133 of the Companies Act 2013, and other recognized accounting practices and the policies to the extent applicable. 4. A Business Transfer Agreement was signed on the 2nd April 2012 between Ansal Landmark Townships Pvt. Ltd., (ALTPL); Ansal Landmark (Karnal) Township Pvt. Ltd. (ALKTPL) & Ansal Properties & Infrastructure Ltd. Pursuant to the same, advances of Rs. 4,993.74 lacs (including accrued interest up to June 30, 2008), which Landmark Property Development Co. Ltd. (the Company) had given to ALTPL stood transferred to a new entity set up to run the Karnal project, viz. ALKTPL. Following this new arrangement, the Company was entitled to get allotment of Plots / Flats in Group Housing / Row Housing / Commercial property in the ongoing residential township being developed by ALKTPL at Karnal, vide an agreement dated 16th May, 2013 as amended from time to time, pursuant of which ALKTPL was required to allot the plots & flats, etc. at Karnal to the Company by 31st March 2024 which is still pending. During the FY 2023-24, the Company has extended the period for allotment of plots, flats etc till 31st March 2027 based on request received from ALKTPL as it has received in principle approval from the Director Town and Country Planning, Haryana, for name change of developer in favour of ALKTPL, with additional commitment from ALKTPL that it would prioritise the allotments to the Company over other customers. Further, the Company expects that the development of the project would get expedited since the Company’s promoter / promoter group entities have acquired entire shareholding of ALKTPL during FY 2022-23 and it would receive the plots / flats in due course. In view the substantial time lapsed in the completion of transaction and adverse financial position of the ALKTPL as per their latest audited financial statements, the Company has internally reviewed the matter and on the ground of prudence and conservative principle, it has considered appropriate to make a provision of Rs.400.00 lacs during the quarter ended 30th September 2024 (Rs.1200.00 lacs during the FY 2023-24). The amount of space booking advances outstanding from Ansal Landmark (Karnal) Township Pvt. Ltd is Rs. 3,526.15 lacs (Net of provisions – Rs.1,926.15 lacs) as at 30.09.2024. 5. Previous period's figures have been regrouped/ reclassified wherever necessary to correspond with the current period's classification / disclosure. Single segment 2024-04-01 2024-09-30 Unaudited Standalone 7081000.00 2766000.00 9847000.00 0.00 0.00 4665000.00 1031000.00 0.00 8000.00 41646000.00 47350000.00 -37503000.00 0.00 -37503000.00 644000.00 30000.00 674000.00 0.00 -38177000.00 0.00 0.00 0.00 0.00 -38177000.00 0.00 -38177000.00 0.00 0.00 134143000.00 1 -0.28 -0.28 0.00 0.00 -0.28 -0.28 Other Expenses 818000.00 Provision for expected credit loss on Advances/ Loan/ Interest Accrued 40000000.00 Other Expenses 1646000.00 Provision for expected credit loss on Advances/ Loan/ Interest Accrued 40000000.00 27000.00 0.00 0.00 0.00 13000.00 0.00 0.00 0.00 0.00 0.00 0.00 32850000.00 32850000.00 9994000.00 193996000.00 236880000.00 109932000.00 0.00 0.00 277000.00 56101000.00 0.00 3161000.00 59539000.00 0.00 524000.00 169995000.00 0.00 0.00 406875000.00 134143000.00 264560000.00 398703000.00 398703000.00 0.00 0.00 0.00 0.00 306000.00 0.00 0.00 0.00 306000.00 0.00 445000.00 174000.00 619000.00 7239000.00 8000.00 0.00 0.00 7866000.00 0.00 0.00 8172000.00 406875000.00 0.00 4371000.00 0.00 0.00 -1925000.00 0.00 0.00 0.00 0.00 0.00 25000.00 0.00 0.00 8000.00 0.00 0.00 -21000.00 -3330000.00 0.00 0.00 0.00 2766000.00 0.00 0.00 0.00 0.00 0.00 40000000.00 0.00 36362000.00 -1141000.00 0.00 0.00 0.00 398000.00 0.00 -1539000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23300000.00 0.00 0.00 0.00 2766000.00 0.00 -25042000.00 0.00 1024000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -515000.00 0.00 -515000.00 792000.00 277000.00