Tulive Developers Ltd Management Discussions

1. Financial Performance

During the financial year the company has not yet generated revenue from its operations. The total

expenses amounts to Rs. 142.77 Lakhs. During the financial year, the Company had recorded a net loss

of Rs. 127.34 Lakhs.

2. Key Business Developments

There were no business operations during the year.

3. Liquidity

As on 31st March 2025, the company had cash and cash equivalents of Rs. 307.88 lakhs.

4. Liquidity

The company is subject to a range of risks, including:

• Project Execution Risk: Delays or cost overruns in construction could impact timelines and profitability.

• Regulatory Risk: Real estate development is subject to zoning laws, environmental regulations, and permit approvals, which could be delayed or denied.

• Market Risk: Fluctuations in real estate demand, interest rates, and construction costs can affect project viability.

• Financing Risk: The ability to raise additional capital on favorable terms is critical to achieving long-term objectives.