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(17/09/2026 19:50)

Horizon Indl. Parks posts Q1 net profit of Rs 63.48 cr

The company reported standalone net profit during the quarter stood at Rs 63.48 crore compared to net loss of Rs 11.58 crore in the previous year quarter.

Net revenue of the company rose substantially by 34.26 per cent at Rs 42.05 crore in April-June quarter of this fiscal as against Rs 31.32 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 1.95 per cent to Rs 32.15 crore from Rs 32.79 crore in year ago period.

Other Income grew by 330.91 per cent at Rs 77.09 crore versus (Jun'25 Rs 17.89 crore).

Operating Profit surged by 773.47 per cent to Rs 9.90 crore as against Rs -1.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 601.92 per cent in June quarter.

Interest declined by 35.65 per cent y-o-y to Rs 13.59 crore

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