Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations
Audit Opinion:
Limited review report with unmodified opinion issued by M/s SKLR & Co. LLP, Chartered Accountants for both standalone and consolidated financial results.
Key Financial Highlights [₹ in Lakhs]:
Consolidated Results:
Revenue from Operations: 14,471.25 (Q1 FY27) vs 13,246.90 (Q1 FY26) - 9.2% YoY increase
Total Income: 14,623.04 (Q1 FY27) vs 13,313.60 (Q1 FY26)
Net Profit: 2,285.08 (Q1 FY27) vs 2,128.15 (Q1 FY26) - 7.4% YoY increase
EPS (Basic): ₹4.94 (Q1 FY27) vs ₹4.60 (Q1 FY26)
EPS (Diluted): ₹4.94 (Q1 FY27) vs ₹4.53 (Q1 FY26)
Other Equity: Not specified for current quarter
Standalone Results:
Revenue from Operations: 8,638.33 (Q1 FY27) vs 12,687.57 (Q1 FY26) - 31.9% YoY decrease
Total Income: 10,284.02 (Q1 FY27) vs 14,101.55 (Q1 FY26)
Net Profit: 2,090.89 (Q1 FY27) vs 2,377.06 (Q1 FY26) - 12.0% YoY decrease
EPS (Basic): ₹4.38 (Q1 FY27) vs ₹4.98 (Q1 FY26)
EPS (Diluted): ₹4.38 (Q1 FY27) vs ₹4.84 (Q1 FY26)
Other Equity: Not specified for current quarter
Segment-wise Performance:
The Group operates exclusively in the business of Real Estate and other allied activities, constituting a single operating segment. No geographical segments as operations are only within India.
Corporate Actions:
- Dividend declarations: Not specified
- The Board approved an enabling resolution for raising funds up to ₹500 Crores by way of issuance of Equity shares or any other equity-linked or convertible securities or warrants, in one or more tranches through permissible modes including private placement, preferential issue, rights issue, qualified institution placement (QIP)
- During the quarter ended June 2026, the Company forfeited share warrants and transferred upfront application money of ₹4,987.50 lakhs to Capital Reserve/Other equity due to non-payment of balance amount
Other Significant Information:
- The nature of real estate accounting means quarterly results may not be strictly comparable to earlier periods
- Figures for previous periods have been regrouped/rearranged/reclassified for comparability
- Figures for Q1 FY25 previously reported in ₹ millions have been converted to ₹ lakhs to align with revised unit of rounding
- The statutory auditors relied on review reports of other auditors for 5 subsidiaries and 3 partnership firms representing total revenue of ₹6,324.85 lakhs and net profit of ₹566.53 lakhs for the quarter