Q2 FY27 results: income up 57 percent; CFO also named Chief Risk Officer
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Board approved Q2 FY27 unaudited results (standalone and consolidated). Consolidated total income rose 57 percent year on year to about 137 crore rupees. Adjusted EBITDA margin widened 840 basis points to 11.5 percent and PBT margin improved 1,270 basis points to 4.8 percent, marking the fourth straight quarter of positive PBT. Board also appointed CFO Kunal Karan as Chief Risk Officer alongside his CFO role. Filing notes completed Housing.com (Locon Solutions) all-stock acquisition and allotment of 51 lakh convertible warrants to promoter AREDL.
Strong revenue and margin expansion signal improving profitability. CFO taking on CRO role shows leadership continuity.