DS Kulkarni Developers Limited has announced its un-audited financial results for the quarter and nine months ended December 31, 2025, following a Board of Directors meeting on February 13, 2026. For the quarter ended December 31, 2025 (Q3 FY26), the company reported a total income of ₹0.10 Million, representing a significant decline compared to the ₹14.11 Million recorded in the previous quarter (Q2 FY26) and the ₹361.35 Million in the corresponding quarter of the previous year (Q3 FY25). The net profit for the quarter stood at ₹0.04 Million, which is consistent with the profit of ₹0.04 Million in the preceding quarter but shows a sharp decrease from the ₹1.43 Million profit reported in the same period last year. This translates to a near 100% decline in revenue both on a Quarter-on-Quarter (QoQ) and Year-on-Year (YoY) basis, while the net profit remained stable QoQ but fell by approximately 97.20% YoY.

DS Kulkarni Developers Limited, headquartered in Pune, is primarily engaged in the business of real estate development, including the construction of residential and commercial properties. The company recently emerged from a Corporate Insolvency Resolution Process (CIRP) after its resolution plan was approved by the NCLT and upheld by the NCLAT in July 2024. Following this transition, the company is now part of the Solitaire Group, with Ashdan Township Holdings Private Limited acting as the primary promoter holding 95% of the equity. In late 2025, the company achieved a significant milestone by receiving listing and trading approvals from both the BSE and NSE, with trading in its shares resuming in December 2025 specifically to achieve compliance with Minimum Public Shareholding (MPS) requirements. The new management, led by Managing Director Bhushan Vilas Palresha, remains focused on revitalizing operations and delivering on commitments to stakeholders, including homebuyers whose claims were recently validated by judicial orders.