Nila Spaces Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
NILASPACES · price
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Nila Spaces Limited reported standalone revenue of Rs 13,580.22 lakhs for FY 2025-26, down from Rs 16,271.35 lakhs in the previous year, representing a revenue decline. Standalone profit after tax stood at Rs 1,520.12 lakhs compared to Rs 2,660.73 lakhs in FY 2024-25. On a consolidated basis, the company performed better with revenue of Rs 18,501.84 lakhs (up from Rs 13,579.82 lakhs) and profit after tax of Rs 2,875.77 lakhs (up from Rs 1,161.11 lakhs). The auditors issued unmodified (clean) opinions on both standalone and consolidated financial results. The board also appointed Mr. Deep S. Vadodaria as Chairman and Managing Director and Mr. Prashant H. Sarkhedi as Whole-Time Director, both for 3-year terms.
The standalone revenue decline of about 17% is a concern, though the consolidated results show strong growth due to subsidiary contributions. The stock may see mixed reactions given the divergence between standalone and consolidated performance. The clean audit opinion removes near-term concerns about financial reporting quality.