Veegaland Q1 FY27: Revenue up 79% YoY, PAT more than triples
VEEGALAND · price
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Veegaland Developers posted strong Q1 FY27 results. Revenue rose 79% YoY to 74.32 Cr, EBITDA more than doubled to 14.31 Cr with margin expanding 441 bps to 18.9%, and PAT tripled to 9.72 Cr. Pre-sales jumped 65% YoY to 129.85 Cr. Order book stands at 910 Cr with 431 Cr unrecognised revenue. Debt-equity improved to 0.26x from 0.32x. Launched new Veegaland Amora project worth about 150 Cr, with 3 upcoming projects adding another 450 Cr estimated GDV and 6.51 acres of land reserves.
Strong all-round performance with healthy order book, expanding margins and low leverage signals a positive growth outlook for shareholders.