Embassy Developments' Q1 FY 2026-27 Quarterly Results

Result Summary

• Embassy Developments Ltd reported a 40.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 65.2%.
• Its expenses for the quarter were down by 36.7% QoQ and 44.2% YoY.
• The net profit decreased 27.5% QoQ and increased 41.5% YoY.
• The earnings per share (EPS) of Embassy Developments Ltd declined at 1.69 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Embassy Developments Ltd is a company engaged in the real estate sector, with its core focus on developing residential and commercial properties. The company operates primarily in India, where it has established a notable presence in the real estate market. Embassy Developments is known for its comprehensive portfolio that includes office spaces, residential complexes, and industrial parks. Recently, the company has been active in expanding its project pipeline and enhancing its service offerings to cater to the growing demand for real estate developments in urban areas. However, specific recent major developments within the company are not available from the provided data.

Revenue

In Q1FY27, Embassy Developments Ltd reported a total income of ₹241.28 crores. This reflects a significant decrease of 40.7% in total income compared to the preceding quarter, Q4FY26, where the total income stood at ₹407.21 crores. When compared year-over-year (YoY), there is a more pronounced decline of 65.2% from Q1FY26, during which the total income was ₹694.05 crores. The substantial drop in revenue on both a quarterly and annual basis suggests a challenging financial period for the company.

Profitability

The profitability metrics for Embassy Developments Ltd reveal that the company has been experiencing financial challenges. In Q1FY27, the company reported a profit before tax (PBT) of -₹237.68 crores, which is an improvement of 31.1% from the previous quarter's PBT of -₹344.87 crores. Year-over-year, the PBT shows a 44.3% increase from -₹164.76 crores in Q1FY26. The profit after tax (PAT) for Q1FY27 was -₹234.41 crores, indicating a 27.5% improvement compared to Q4FY26, but a 41.5% decrease when compared to Q1FY26. The earnings per share (EPS) in Q1FY27 was -₹1.69, which also improved by 27.5% QoQ but decreased by 31.0% YoY.

Operating Metrics

In terms of operating expenses, Embassy Developments Ltd recorded total expenses of ₹478.96 crores in Q1FY27, reflecting a 36.7% decrease from ₹756.12 crores in Q4FY26. Year-over-year, there is a 44.2% reduction from ₹858.81 crores in Q1FY26. The tax recorded for Q1FY27 was ₹0.29 crores, showing a decline from both the previous quarter's tax credit of -₹19.30 crores and the previous year's tax of ₹0.84 crores, with changes of -101.5% and -65.5%, respectively. These metrics provide insight into the company's cost management and tax liabilities over the specified periods.