Sri Lotus Developers and Realty Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Sri Lotus Developers and Realty Limited, a Mumbai-based real estate developer that recently listed on NSE/BSE on August 6, 2025, has submitted its first quarterly results as a listed company. Consolidated revenue from operations fell sharply to ₹613.18 million in Q1 FY26 from ₹1,206.90 million in Q1 FY25, a drop of about 49% year-on-year. Consolidated net profit after tax declined to ₹257.88 million (from ₹401.60 million, down ~36%), while standalone PAT came in at ₹227.20 million vs ₹300.72 million (~24% lower). Total income on consolidated basis was ₹680.90 million. Despite the revenue dip, profitability margins appear healthy, with profit-before-tax margin rising to roughly 52% from 44% YoY on the back of lower construction and employee costs. Basic EPS stood at ₹0.59 (consolidated) and ₹0.52 (standalone). The board also approved the appointment of M/s Vishal N Manseta as Secretarial Auditor for five years (FY26–FY30) and ratified the ESOP 2024 scheme, subject to shareholder approval.
Sharp YoY decline in both revenue and profit suggests a weak quarter, likely due to timing of project deliveries — typical lumpy pattern in real estate — rather than structural weakness. Margins actually expanded, and the IPO proceeds (₹792 crore raised in August 2025) provide a strong cash cushion for future growth. Short-term stock reaction may be muted given the topline drop, but investors should watch project pipeline and launch activity in coming quarters.