Company is in real estate business (Residential & Commercial) with dominant presence in the Pune and growing presence in Mumbai and Bengaluru. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
-
Total Income: ₹82 crores, down 81.7% QoQ from ₹527.71 crores in Q4 FY25 and down 75.9% YoY from ₹350.29 crores in Q1 FY25.
-
Total Expenses: ₹119.27 crores, down 78.6% QoQ and 64.5% YoY.
-
Profit Before Tax (PBT): Loss of ₹22.46 crores, improving QoQ from loss of ₹41.48 crores but down YoY from profit of ₹14.42 crores in Q1 FY25.
-
Profit After Tax (PAT): Loss of ₹16.88 crores, a QoQ improvement from loss of ₹26.18 crores and down from PAT of ₹6.37 crores in Q1 FY25.
-
EPS: Negative ₹1.92, compared to ₹0.80 in Q1 FY25 and negative ₹3.60 in Q4 FY25.
-
Sales Volume: 0.84 million square feet, up 5% QoQ but down 12.5% YoY.
-
Sales Value: ₹616 crores, down 13.3% YoY.
-
Collections: ₹550 crores, reflecting healthy cash flows.
-
Operating Cash Flow: ₹164 crores, down from ₹247 crores in Q1 FY25.
-
Net Debt: Net cash position of ₹320 crores as of June 30, 2025, strengthened by ₹417 crore equity infusion from Blackstone.
Management Commentary & Strategic Overview
-
Management highlighted the accounting impact of the Completed Contract Method (CCM), which causes lumpiness in revenue recognition despite steady collections and execution progress.
-
The Blackstone equity infusion during the quarter has fortified the balance sheet and liquidity, supporting growth plans.
-
The company targets over 30% YoY growth in presales and aims to capitalize on an aggressive launch pipeline of 6–7 million square feet in Pune and Mumbai regions for FY26.
-
Management expressed confidence in recovery and revenue recognition improvement in coming quarters based on project completions and steady demand in residential real estate.
Q4 FY25 Earnings Results
-
Total Income: ₹719 crores.
-
Total Expenses: ₹612 crores.
-
Profit Before Tax (PBT): ₹101 crores.
-
Profit After Tax (PAT): ₹66.18 crores.
-
EPS: ₹8.59.
-
Sales Volume: Approximately 0.8 million square feet.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,