Arkade Developers Ltd , a real estate development company focused on high-end lifestyle residential projects in Mumbai, reported strong revenue growth but only a modest increase in profits for Q2FY26.
Financial Highlights:
- Revenues rose 30.69% year-on-year to ₹264 crore from ₹202 crore.
- Total expenses increased 40.0% to ₹203 crore from ₹145 crore.
- Consolidated net profit grew 6.98% to ₹46 crore from ₹43 crore.
- Earnings per share improved 5.56% to ₹2.47 from ₹2.34.
Higher project execution and strong demand drove the topline, but faster growth in expenses compressed margins, capping profit growth.
Outlook:
Arkade Developers Ltd aims to scale its premium residential portfolio in Mumbai, maintain strong execution, and focus on cost discipline to support sustainable profitability.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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