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Equinox India Developments' revenue increased 72.1% YoY
  • 12 Aug 2025
  • Equinox India Developments Ltd reported a 1655.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 72.1%.
  • Its expenses for the quarter were up by 152.2% QoQ and 101.7% YoY.
  • The net profit decreased 45.2% QoQ and increased 486.6% YoY.
  • The earnings per share (EPS) of Equinox India Developments Ltd declined at 1.3 during Q1 FY 2025-26.

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

Equinox India Developments Ltd is a company operating within India, though specific details regarding its main products or services are not available in the provided data. The industry in which Equinox India Developments Ltd operates is also not specified, nor are any recent major developments mentioned. In the absence of this information, a deeper understanding of the company's overall business context remains limited to the financial data presented.

In the first quarter of the fiscal year 2026 (Q1FY26), Equinox India Developments Ltd reported a total income of ₹694.05 crores. This represents a significant increase of 1655.3% quarter-over-quarter (QoQ) from the ₹39.54 crores recorded in the fourth quarter of fiscal year 2025 (Q4FY25). Year-over-year (YoY), the total income rose by 72.1% from ₹403.39 crores in Q1FY25. These figures highlight a considerable increase in revenue generation over both the previous quarter and the same quarter in the previous year.

Despite the increase in revenue, Equinox India Developments Ltd reported a loss in profitability for Q1FY26. The profit before tax was recorded at a negative ₹164.76 crores, which, while an improvement, remained a loss compared to the negative ₹301.04 crores in Q4FY25 and negative ₹22.40 crores in Q1FY25. The profit after tax also reflected a negative value of ₹165.65 crores in Q1FY26, improving from a negative ₹302.28 crores in Q4FY25 but declining when compared to a negative ₹28.24 crores in Q1FY25. Earnings per share (EPS) showed similar trends, standing at negative ₹1.30, improving from negative ₹5.60 in the previous quarter, yet higher than the negative ₹0.50 reported a year ago, resulting in YoY growth of 160%.

Total expenses for Equinox India Developments Ltd increased significantly in Q1FY26, amounting to ₹858.81 crores. This represents a 152.2% rise from the ₹340.58 crores reported in Q4FY25 and a 101.7% increase from ₹425.79 crores in Q1FY25. The tax expense for Q1FY26 was ₹0.84 crores, a decrease of 32.3% from the ₹1.24 crores in Q4FY25, and an 85.6% decrease from ₹5.84 crores in Q1FY25. These figures indicate variations in operating costs and tax expenses over the comparison periods.