Board approves September quarter and half year results; auditor conclusion unmodified
Board met on 05 November 2026 (03:00 PM to 04:30 PM) and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 738.58 | 1,017.91 | −27.4% | 1,353.33 | −45.4% |
| Total income | 748.74 | 1,047.47 | −28.5% | 1,377.11 | −45.6% |
| Profit before tax | 1.62 | 28.26 | −94.3% | 13.10 | −87.6% |
| Profit after tax | 0.24 | 22.89 | −99% | 8.78 | −97.3% |
| Total comprehensive income | 0.24 | 22.89 | −99% | 8.78 | −97.3% |
| Basic EPS | 0.00 | 0.17 | −100% | 0.06 | −100% |
- Profit after tax YoY change
- −99%
- Period
- 30 September 2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
What the board approved
The board of directors met on 05 November 2026 from 03:00 PM to 04:30 PM and considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- Paid-up equity share capital is 1,370.00 lakh, face value ₹10 per share.
- The company reports a single segment, so there is no separate reportable segment.
Auditor's review conclusion
M A A K & Associates, Chartered Accountants, reviewed the standalone results. Its conclusion states that nothing came to its attention that causes it to believe the statement has not disclosed the information required under the listing regulations, or that it contains any material misstatement. The notes describe this as an unmodified conclusion. A review is narrower in scope than a full audit and gives moderate, not absolute, assurance.
Standalone results: quarter ended 30 September 2026 (₹ in lakh)
- Revenue from operations: 738.58, against 1,017.91 in the same quarter a year earlier.
- Total income: 748.74, against 1,047.47.
- Finance costs: 272.04, against 443.49.
- Profit before tax: 1.62, against 28.26.
- Profit for the period: 0.24, against 22.89.
- Basic earnings per share: 0.00, against 0.17.
Standalone results: half year ended 30 September 2026 (₹ in lakh)
- Revenue from operations: 2,091.91, against 3,847.26.
- Total income: 2,125.85, against 3,876.83.
- Profit for the period: 9.02, against 219.69.
- Basic earnings per share: 0.07, against 1.60.
Balance sheet highlights, standalone, as at 30 September 2026 (₹ in lakh)
- Total assets: 19,719.99, against 19,429.74 as at 31 March 2026.
- Inventories: 16,726.72, the largest single asset line.
- Non-current borrowings: 10,216.67, against 10,718.19.
- Cash and cash equivalents: 174.50, against 407.83.
How a retail reader can read this
- The quarter's profit is a very small fraction of total income, which means most of what the company earned went towards its costs. Finance costs of 272.04 lakh alone are a large slice of revenue from operations of 738.58 lakh.
- Both revenue and profit for the quarter and half year are lower than the same periods a year earlier, so the trend across the two comparisons runs the same way.
- The balance sheet is asset-heavy on inventory, and borrowings (non-current plus current) are sizeable next to total equity of 4,408.82 lakh.
What to track next
Watch the revenue run-rate and finance costs in the coming quarters, and how the inventory position moves, since these three items drive most of the profit outcome for a real estate developer.
Also from Ratnabhumi Developers
Board meeting on 05 November 2026 to consider September quarter results
28 Oct 2026
More numbers
- Total income, standalone, quarter ended 30 Sep 2026748.74 (₹ in lakh)
- Revenue from operations, standalone, quarter ended 30 Sep 2026738.58 (₹ in lakh)
- Revenue from operations, standalone, quarter ended 30 Sep 20251,017.91 (₹ in lakh)
- Profit for the period, standalone, quarter ended 30 Sep 20260.24 (₹ in lakh)
- Profit for the period, standalone, quarter ended 30 Sep 202522.89 (₹ in lakh)
- Profit for the period, standalone, half year ended 30 Sep 20269.02 (₹ in lakh)
- Finance costs, standalone, quarter ended 30 Sep 2026272.04 (₹ in lakh)
- Total assets, standalone, as at 30 Sep 202619,719.99 (₹ in lakh)
- Total income, latest quarter748.74 (₹ In Lakh)
- Total income, year-ago quarter1,047.47 (₹ In Lakh)
- Total income, previous quarter1,377.11 (₹ In Lakh)
- Total comprehensive income, latest quarter0.24 (₹ In Lakh)
- Total comprehensive income, year-ago quarter22.89 (₹ In Lakh)
- Total comprehensive income, previous quarter8.78 (₹ In Lakh)
- Profit after tax, latest quarter0.24 (₹ In Lakh)
- Profit after tax, year-ago quarter22.89 (₹ In Lakh)
- Profit after tax, previous quarter8.78 (₹ In Lakh)
- Revenue from operations, latest quarter738.58 (₹ In Lakh)
- Revenue from operations, year-ago quarter1,017.91 (₹ In Lakh)
- Revenue from operations, previous quarter1,353.33 (₹ In Lakh)
- Profit before tax, latest quarter1.62 (₹ In Lakh)
- Profit before tax, year-ago quarter28.26 (₹ In Lakh)
- Profit before tax, previous quarter13.10 (₹ In Lakh)
- Basic EPS, latest quarter0.00 (in ₹)
- Basic EPS, year-ago quarter0.17 (in ₹)
- Basic EPS, previous quarter0.06 (in ₹)
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