Nila Spaces' Q1 FY 2026-27 Quarterly Results

Result Summary

• Nila Spaces Ltd reported a 4.9% 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 growth of 15.3%.
• Its expenses for the quarter were down by 5.1% QoQ and up 9.2% YoY.
• The net profit decreased 8.5% QoQ and increased 47.3% YoY.
• The earnings per share (EPS) of Nila Spaces Ltd stood at 0.21 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

Nila Spaces Ltd is a company that operates within the real estate sector, primarily involved in the development of residential and commercial properties. The company is known for its focus on urban-centric projects, often catering to the mid-range and luxury segments of the market. As of the latest updates available, Nila Spaces Ltd has been actively involved in expanding its footprint in the Indian real estate market, with developments concentrated around key urban areas. There are no specific recent major developments or changes in the company's strategic direction available in the provided data.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Nila Spaces Ltd generated a total income of ₹49.90 crores. This represents a decline of 4.9% from the previous quarter (Q4FY26), where the company reported a total income of ₹52.46 crores. However, on a year-over-year basis, there is a notable increase of 15.3% compared to the first quarter of the previous fiscal year (Q1FY26), where the total income was ₹43.26 crores. This year-over-year growth indicates an upward trend in the company's revenue performance over the past year despite the quarterly decline.

Profitability

For Q1FY27, Nila Spaces Ltd reported a profit before tax of ₹11.50 crores, which is a 4.3% decrease from the previous quarter's figure of ₹12.02 crores. The profit after tax for the same quarter stood at ₹8.60 crores, down 8.5% from ₹9.40 crores in Q4FY26. Despite these decreases on a quarter-over-quarter basis, the year-over-year comparison shows significant improvement, with profit after tax increasing by 47.3% from ₹5.84 crores in Q1FY26. The company's earnings per share for Q1FY27 were ₹0.21, reflecting a 12.5% decline from the previous quarter but a 40.0% increase year-over-year.

Operating Metrics

The total expenses for Nila Spaces Ltd in Q1FY27 were ₹38.40 crores, which reflects a 5.1% reduction from the previous quarter's expenses of ₹40.45 crores. When compared to the same quarter of the previous fiscal year, expenses have increased by 9.2% from ₹35.15 crores. The tax expense for Q1FY27 was ₹2.90 crores, marking a 10.7% rise from ₹2.62 crores in the previous quarter and a 28.3% increase year-over-year from ₹2.26 crores. These changes in operating metrics highlight the company's cost management and tax obligations over the periods in question.