5114132026-04-012026-06-305114132026-04-012026-06-30in-capmkt:OtherRevenueFromOperations1Member5114132026-04-012026-06-30in-capmkt:OtherRevenueFromOperations2Member5114132026-04-012026-06-30in-capmkt:OtherRevenueFromOperations3Member5114132026-04-012026-06-30in-capmkt:OtherExpenses1Member5114132026-04-012026-06-30in-capmkt:OtherExpenses2Member5114132026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15114132026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares511413CRESTNOTLISTEDINE559D01011CREST VENTURES LIMITEDMain BoardEquity2026-04-012027-03-312026-08-132026-08-05INRLakhsQuarterlyFirst quarterSingle segmentReal Estate, Investing , Financial and their related activities2026-08-1315:00:002026-08-1317:30:00Not applicablefalsefalseThere were no default in loans and debt securities during the reporting period.2026-04-012026-06-30UnauditedStandalone1111190000002174300000058816000191678000225000191903000000465250005284600011192000000-62660003908700014338400048519000048519000700000060450001304500035474000000035474000157202000192676000282668000101.251.25001.251.251. The above unaudited standalone financial results of Crest Ventures Limited which are published in accordance with Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('Listing Regulations') and have been prepared in accordance with the Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended and other recognised accounting practices generally accepted in India along with the circular, guidelines and directions issued by the Reserve Bank of India (RBI) from time to time. These results have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meeting held on August 13, 2026. The same has also been subjected to Limited Review by the Statutory Auditors. <br /> 2. The Company has framed "Crest-Employees Stock Option Plan 2022" ('ESOP Scheme'), which was duly approved by the Board of Directors and Shareholders of the Company. The ESOP Scheme is administered by the Crest - Employee Welfare Trust ('ESOP Trust') on behalf of the Company. The ESOP Trust has been treated as an extension of the Company and accordingly, shares held by ESOP Trust are treated as treasury shares and are netted off from the total equity share capital. Consequently, all the assets, liabilities, income and expenses of the ESOP Trust are accounted for as an assets, liabilities, income and expenses of the Company. <br /> During the quarter ended March 31, 2025 the Company had granted 2,53,000 options to the Eligible Employees pursuant to the ESOP Scheme. <br /> As at June 30, 2026, 1,81,000 equity shares are held by the ESOP Trust, these equity shares are backed by respective grants. <br /> <br /> 3. During the quarter ended June 30, 2026 eligible employees have exercised their Options and consequently the value of treasury shares are reduced by Rs. 0.20 Lakhs and subsequently equity share capital stand increased by Rs. 0.20 Lakhs. <br /> 4. The figures of the quarter ended March 31, 2026 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures upto nine months ended December 31, 2025 which were subjected to limited review. <br /> 5. Information as required by Regulation 52(4) of the Listing Regulations is attached in Annexure A of these financial results. <br /> 6. The Company has presented Segment information on the basis of the consolidated financial results as permitted by Indian Accounting Standard 108 “Operating Segments" (refer note 1 of unaudited consolidated financial results). <br /> 7. The Company had given unsecured deposits aggregating to Rs.15,529.75 Lakhs with certain counterparties in connection with proposed joint development and / or arrangements during the financial years 2022-23 and 2023-24. At the time of placing the deposits, the Company had obtained and continues to hold comprehensive security in respect of these deposits, comprising the original title documents of certain underlying land parcels / properties as security, and in some cases pledge of shares provided by the counterparties and a mortgage charge over the said properties created during the quarter ended December 31, 2025. Subsequently the Company has entered into a joint venture agreement over a part of the land parcel, thereby establishing a clear development framework for monetisation of these assets. The independent valuation of the mortgaged properties and land parcels confirms that the aggregate realisable and development value of the security held is adequate to cover the carrying value of the deposits in full. <br /> Based on the mortgage charge created over the properties, the joint venture agreement, the independent valuation report confirming the adequacy of security cover, and the pledge of shares held as collateral, the management is firmly of the opinion that the carrying value of the deposits is fully recoverable and adjustable against future development obligations under the joint venture arrangements, and that no additional provision for impairment is necessary. The Company is actively pursuing development and monetisation of the underlying assets in terms of the joint venture arrangements, and expects the deposits to be fully adjusted / recovered in the ordinary course of the development cycle. <br /> 8. The Board of Directors, at their meeting held on December 18, 2025, approved a Scheme of Arrangement ("Scheme") under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, between Crest Ventures Limited (“the Company” or “Demerged Company”) and Crest Capital and Investment Limited (“Resulting Company”), and their respective shareholders and creditors. <br /> The National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”), vide their letters dated July 20, 2026, have conveyed their observation letter with no adverse observation on the draft Scheme, incorporating the comments of the Securities and Exchange Board of India, thereby enabling the Company to file the Scheme with the Hon'ble National Company Law Tribunal. The said observation letters remain conditional upon, and shall become effective only upon, receipt of the approval of the Reserve Bank of India, as the sectoral regulator, the Company’s application with the Reserve Bank of India is presently under consideration. As the Scheme has not received all requisite regulatory approvals and has not been sanctioned by the Hon'ble National Company Law Tribunal as on the date of approval of these results, it does not have any impact on the standalone financial results for the quarter ended June 30, 2026. <br /> 9. During the quarter ended June 30, 2026, the Company has invested Rs.1,026.18 lakhs in the rights issue of its wholly owned subsidiary ‘Crest Capital and Investment Limited. <br /> 10. Disclosures pursuant to RBI Notification - RBl/DOR/2025-26/359 DOR.ACC. REC. No.278/21.04.018/2025-26, Master Direction - Reserve Bank of India (Non-Banking Financial Companies - Financial Statements: Presentation and Disclosures) Directions, 2025 read with RBl/DOR/2025-26/352 DOR.STR.REC.271/21.04.048/2025-26, Master Direction - Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025 dated November 28, 2025 as amended: <br /> A) Details of loans not in default ' Aquired Nil ' Transferred Nil ' <br /> B) Details of stressed loans ' Aquired Nil ' Transferred Nil <br /> 11. Read with RBI Direction - RBI/DOR/2025-26/357 DOR.STR.REC.276/21.04.048/2025-26 Reserve Bank of India (Non-Banking Financial Companies — Resolution of Stressed Assets) Directions, 2025 and RBI/DOR/2025-26/347 DOR.CRE.REC.No.266/07-01-008/2025-26 - Reserve Bank of India (Non-Banking Financial Companies— Credit Facilities) Directions, 2025 both dated November 28, 2025, as amended from time to time: <br /> The Company has not lent any funds for project finance activities during the quarter ended June 30, 2026 nor has any recoverable balance as at the same date. <br /> <br /> 12. These standalone financial results would be available on the Company's website viz. www.crest.in and on the websites of BSE Limited and National Stock Exchange of India Limited viz. www.bseindia.com and www.nseindia.com respectively. <br /> 13. Previous period/ year figures have been regrouped / reclassified, wherever considered necessary. <br /> Financial consultancy services6500000License fees22972000Real estate and related services29344000Other Expenses38851000Share of Loss/(Reversal of Loss) from Limited Liability Partnership236000Actuarial gain / (loss) on post retirement benefit plans54000Net gain / (loss) on equity instruments designated at fair value through other comprehensive income1571480001572020000157202000