Horizon Industrial Parks Q1 FY27 results: revenue up 23%, loss narrows
HORIZONIND · price
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First quarterly results post Aug 24, 2026 IPO listing. Consolidated revenue from operations rose 23% YoY to INR 2,005 million (vs INR 1,629 million). Total income was INR 2,405 million. Consolidated net loss narrowed sharply to INR 116 million from INR 655 million YoY. Standalone PAT turned positive at INR 635 million versus a loss of INR 116 million. Finance costs remained elevated at INR 1,313 million. Subsidiary received INR 400 million capital subsidy from Maharashtra government. Acquired 49% in Vision Softech Facilities post quarter.
Revenue growth is encouraging but consolidated losses persist due to heavy finance costs. Standalone turning profitable is a positive. Watch post-IPO performance.