Half-year revenue rises 81%, but profit after tax falls and margins narrow
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On the reaction day the stock moved 2.3 pts less than its Real Estate related services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Unaudited results for the quarter and half year ended 30 September 2026 were approved. Half-year revenue rose 81% to Rs 179.03 lakh from Rs 98.73 lakh, but profit after tax fell to Rs 22.25 lakh. For September, revenue was Rs 83.41 lakh and profit after tax Rs 7.16 lakh. Operating profit before working-capital changes fell to Rs 14.45 lakh from Rs 48.29 lakh. Operating cash flow was positive Rs 72.37 lakh. The review found no material issue.
Revenue growth and cash flow help, but lower profit after tax and weaker margins may weigh on the stock; prior figures were recast.