ARVSMARTNSEArvind SmartSpaces LimitedHighNeutral
Announced Mon, 3 Nov · 17:20 IST

Arvind SmartSpaces Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue Growth 20pctResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Arvind SmartSpaces reported consolidated revenue from operations of Rs. 14,051.19 lacs for Q2 FY26, up about 39% from Rs. 10,116.39 lacs in Q2 FY25. For the half year ended September 30, 2025, consolidated revenue rose roughly 67% to Rs. 24,277.58 lacs versus Rs. 14,549.41 lacs in H1 FY25. However, consolidated net profit after tax fell to Rs. 695.27 lacs in Q2 FY26 from Rs. 1,118.37 lacs a year ago, even as standalone PAT stood at Rs. 1,982.31 lacs. The Board approved several leadership changes: Sanjay Lalbhai stepped down as Chairman, Kulin Lalbhai was elevated from Vice-Chairman to Chairman, Amit Chamaria was appointed as new CFO, and two new directors (Prashant Das as Independent Director and Punit S. Lalbhai as Non-Executive Director) were inducted. Statutory auditor S R B C & Co LLP issued an unqualified limited review report on both standalone and consolidated results.

Likely market impact

Strong top-line growth driven by higher project deliveries, but weaker consolidated bottom line versus last year may raise near-term profitability concerns for investors. Leadership transition is part of formal succession planning and should support continuity, while the new CFO appointment may bring a fresh focus on margin recovery.