Ratnabhumi Developers' Q1 FY 2026-27 Quarterly Results

Result Summary

• Ratnabhumi Developers Ltd reported a 4.2% 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 49.2%.
• Its expenses for the quarter were down by 2.9% QoQ and 44.8% YoY.
• The net profit decreased 75.0% QoQ and decreased 96.5% YoY.
• The earnings per share (EPS) of Ratnabhumi Developers Ltd stood at 0.05 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

Ratnabhumi Developers Ltd is a company primarily engaged in the real estate sector, focusing on the development of residential and commercial properties. The company is based in India, where the real estate market is highly dynamic and influenced by various factors including economic conditions, regulatory changes, and consumer demand. The industry in which Ratnabhumi Developers operates is characterized by capital-intensive projects and significant lead times. As of the information available up to October 2023, there are no specific recent major developments or strategic shifts publicly disclosed for the company.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Ratnabhumi Developers Ltd reported a total income of ₹14.48 crores. This represents a quarter-over-quarter (QoQ) decrease of 4.2% from the previous quarter (Q4FY26), where the total income was ₹15.11 crores. On a year-over-year (YoY) basis, the total income saw a substantial decline of 49.2% compared to Q1FY26, when the income was ₹28.51 crores. This significant decrease in revenue over the year suggests considerable fluctuations in the company's income generation capabilities, potentially influenced by market conditions or changes in project execution timelines.

Profitability

Ratnabhumi Developers Ltd's profitability metrics show notable declines both on a quarterly and yearly basis. For Q1FY27, the company recorded a Profit Before Tax (PBT) of ₹0.19 crores, which signifies a QoQ decrease of 51.3% from ₹0.39 crores in Q4FY26. The YoY comparison highlights an even steeper drop of 92.7% from the PBT of ₹2.59 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 was ₹0.07 crores, down by 75.0% QoQ from ₹0.28 crores in Q4FY26, and by 96.5% YoY from ₹2.00 crores in Q1FY26. Additionally, the Earnings Per Share (EPS) decreased significantly to ₹0.05 from ₹0.21 in the previous quarter and from ₹1.46 in the same quarter last year, reflecting a 76.2% QoQ and 96.6% YoY decrease.

Operating Metrics

The total expenses for Ratnabhumi Developers Ltd in Q1FY27 were ₹14.30 crores, showing a reduction of 2.9% from ₹14.72 crores in Q4FY26. Comparing this to the same period last year, there is a 44.8% decrease from ₹25.92 crores in Q1FY26. The tax expenses also decreased by 50.0% QoQ from ₹0.10 crores in Q4FY26 to ₹0.05 crores in Q1FY27, and by 92.2% YoY from ₹0.64 crores in Q1FY26. These changes in operating expenses and tax liabilities are aligned with the overall decline in revenue and profit figures for the company. The data indicates a downward adjustment in cost structures, possibly in response to the decreased income and profitability metrics observed during this period.