Board of Directors in their meeting held on 14th November 2025 Considered and approved Standalone and Consolidated Un-audited financial Results for the Second quarter and Six months ended ....
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Shraddha Prime Projects Ltd reported a sharp jump in Q2 FY26 standalone revenue from operations at Rs 10,610.42 lakhs versus Rs 2,231.77 lakhs in Q2 FY25, with half-year revenue at Rs 13,950.69 lakhs versus Rs 4,436.75 lakhs. Standalone profit after tax for the quarter was Rs 873.66 lakhs (vs Rs 729.47 lakhs) and for the half year Rs 1,758.51 lakhs (vs Rs 887.61 lakhs). On a consolidated basis, half-year revenue nearly tripled to Rs 19,303.16 lakhs with PAT of Rs 1,703.02 lakhs, up from Rs 891.42 lakhs. EPS however declined to Rs 2.17 (standalone Q2) from Rs 3.60 due to doubling of equity capital via a rights issue. Notably, other income was negative Rs 800.44 lakhs for the quarter, with the company disclosing losses of about Rs 11.70 crores from its LLP subsidiaries. The board also approved related party transactions for the half year and entered into multiple new LLPs, while the auditor Monika Jain & Co. issued an unqualified limited review report.
Strong top-line growth signals robust real estate project execution, but the surge in debt-equity ratio (from 0.48 to 1.53 standalone) and losses flowing from subsidiary LLPs are watch-points for shareholders. EPS dilution from the recent rights issue tempers per-share earnings despite higher absolute profits.