Un-Audited Financial Results of the Company for the quarter and 3 months ended June 30, 2025
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HB Estate Developers reported weak Q1 FY26 results with revenue from operations falling to ₹2,376.34 lakhs, down about 7.3% from ₹2,564.41 lakhs in the same quarter last year. Profit before tax plunged nearly 69% YoY to ₹53.31 lakhs (vs ₹170.89 lakhs), while profit after tax dropped roughly 58% to ₹38.18 lakhs (vs ₹90.75 lakhs). Total income stood at ₹2,416.08 lakhs with finance costs still significant at ₹442.79 lakhs, though lower than a year ago. Basic EPS fell to ₹0.18 from ₹0.46 in Q1 FY25. The auditor (N.C. Aggarwal & Co.) issued an unmodified review report with no qualifications.
Sharp YoY decline in both top line and bottom line signals operational weakness and margin pressure for shareholders. The results are likely to be viewed negatively given the steep fall in profits despite lower finance costs.