BSEGarnet Construction LtdMediumNeutral
Announced Fri, 14 Nov · 13:58 IST

With reference to the subject the company has duly approved and taken on record the unaudited financial result for the half year ended 30th September 2025 during the meeting held on 14th November 2025

Revenue Growth 20pctPat Growth 25pctResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garnet Construction Ltd reported its H1 FY26 (April–September 2025) results on 14 November 2025. Revenue from operations jumped to Rs 5,667.48 lakhs from Rs 1,596.75 lakhs in H1 FY25, a jump of about 255%. Net profit surged to Rs 2,474.28 lakhs (EPS Rs 17.57) from Rs 637.38 lakhs (EPS Rs 4.57) last year, roughly 288% higher. For Q2 FY26 alone, the company posted revenue of Rs 1,628.50 lakhs and profit of Rs 653.43 lakhs, against a loss in Q2 FY25. Operating cash flow was positive at Rs 340.60 lakhs. The statutory auditor (Shankarlal Jain & Associates LLP) issued an unqualified limited review report with no qualifications or observations.

Likely market impact

Strong top-line and bottom-line growth reflects healthy unit deliveries in the real estate business, but revenue is recognised on delivery, so quarterly numbers can be uneven. Investors should view this as a positive operational update, though sustainability of the pace will depend on continued project handovers and collections.