Nila Spaces Limited held a Board of Directors meeting on October 30, 2026, at its registered office in Ahmedabad. The meeting commenced at 3:30 PM and concluded at 4:45 PM. During the meeting, the Board considered and approved the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026.
The submission is made pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company enclosed copies of the unaudited standalone and consolidated financial results along with the Limited Review Report of the statutory auditor. The results are also available on the company's website at www.nilaspaces.com.
Standalone Financial Results (₹ in lakhs except EPS)
Quarterly Performance (Q2 FY2027)
- Revenue from operations: ₹2,961.02
- Other income: ₹390.96
- Total income: ₹3,351.98
- Total expenses: ₹2,527.45
- Profit before tax: ₹824.53
- Total tax expenses: ₹228.13
- Profit for the period: ₹596.40
- Other comprehensive income: (₹0.71)
- Total comprehensive income: ₹595.69
- Basic EPS: ₹0.15
- Diluted EPS: ₹0.15
Half-Yearly Performance (H1 FY2027)
- Revenue from operations: ₹6,872.37
- Other income: ₹701.72
- Total income: ₹7,574.09
- Total expenses: ₹5,771.95
- Profit before tax: ₹1,802.14
- Total tax expenses: ₹474.89
- Profit for the period: ₹1,327.25
- Other comprehensive income: (₹1.97)
- Total comprehensive income: ₹1,325.28
- Basic EPS: ₹0.34
- Diluted EPS: ₹0.34
Comparative Figures (Q2 FY2026)
- Revenue from operations: ₹4,218.35
- Profit for the period: ₹655.89
- Basic EPS: ₹0.17
Capital Structure
- Paid-up equity share capital: ₹3,938.89 lakhs (face value: ₹1 per share)
- Other equity: ₹13,213.14 lakhs (as of March 31, 2026)
Consolidated Financial Results (₹ in lakhs except EPS)
Quarterly Performance (Q2 FY2027)
- Revenue from operations: ₹3,817.52
- Other income: ₹404.85
- Total income: ₹4,222.37
- Total expenses: ₹3,407.74
- Profit before tax: ₹814.63
- Total tax expenses: ₹225.68
- Profit for the period: ₹588.95
- Other comprehensive income: (₹0.71)
- Total comprehensive income: ₹588.24
- Basic EPS: ₹0.15
- Diluted EPS: ₹0.15
Half-Yearly Performance (H1 FY2027)
- Revenue from operations: ₹8,484.37
- Other income: ₹728.20
- Total income: ₹9,212.57
- Total expenses: ₹7,248.08
- Profit before tax: ₹1,964.49
- Total tax expenses: ₹515.79
- Profit for the period: ₹1,448.70
- Other comprehensive income: (₹1.97)
- Total comprehensive income: ₹1,446.73
- Basic EPS: ₹0.36
- Diluted EPS: ₹0.36
Net Profit Attribution
- Attributable to owners: ₹1,436.56 lakhs (H1 FY2027)
- Attributable to non-controlling interest: ₹12.14 lakhs (H1 FY2027)
Subsidiary and Associate Information
The company has one subsidiary company (Nila Urban Living Private Limited) and one associate company (Megacity Cinemall Private Limited) as of September 30, 2026. The consolidated financial statements include these entities.
Segment Information
The entire operations of the company constitute a single segment: "Construction and Development of Building for sale and Real Estate activities" as per Ind AS 108.
Auditor Review
The statutory auditors, Dhirubhai Shah & Co LLP (FRN: 102511W), conducted a limited review of both standalone and consolidated financial results in terms of Regulation 33 of SEBI Listing Regulations. They issued an unmodified limited review report dated October 30, 2026, stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.