Submission of the financial results for the quarter ended on June 30, 2025.
SHRIKRISH · price
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Shri Krishna Devcon Limited, a Mumbai-based real estate company, reported Q1 FY26 income from operations of Rs. 483.88 lakhs, down from Rs. 666.80 lakhs in Q1 FY25 — a decline of about 27%. Total income stood at Rs. 485.19 lakhs versus Rs. 669.93 lakhs year-ago. Despite the revenue drop, net profit rose to Rs. 142.43 lakhs (from Rs. 129.59 lakhs), helped by sharply lower land/construction costs and a large positive change in inventory of Rs. 174.08 lakhs. EPS came in at Rs. 0.51 versus Rs. 0.51 versus Rs. 0.46 prior. Statutory auditor Khandelwal & Khandelwal Associates issued an unmodified limited review report on both standalone and consolidated results.
Lower top-line reflects weak Q1 real estate activity, but cost control and inventory adjustments lifted profitability — short-term positive for earnings, though revenue weakness is a concern for future growth.