Emami Realty Q3 loss widens to Rs 37 cr; revenue from ops down 91% YoY
EMAMIREAL · price
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Emami Realty posted a standalone loss after tax of Rs 37.27 cr for Q3 FY26 versus Rs 19.38 cr loss a year ago. Revenue from operations fell sharply to Rs 4.89 cr from Rs 54.23 cr YoY. Nine month loss ballooned to Rs 123.64 cr from Rs 46.59 cr, with revenue down 69 percent. The firm booked Rs 74.16 cr impairment on loans given and Rs 4.82 cr impact from new labour codes. Auditor Agrawal Tandon gave an unmodified review opinion.
Widening losses, sharp revenue fall, and large loan impairment point to weak near-term outlook for the realty firm; negative for shareholders.