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(11/08/2025 19:40)

Embassy Developments posts Q1 net loss of Rs 88.80 cr

The company reported standalone net loss during the quarter stood at Rs 88.80 crore as compared to net loss of Rs 12.10 crore in the previous year quarter.

Net revenue of the company rose three fold by 1681.86 per cent at Rs 118.85 crore in April-June quarter of this fiscal as against Rs 6.67 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 990.11 per cent to Rs 132.23 crore from Rs 12.13 crore in year ago period.

Other Income grew by 239.50 per cent at Rs 6.79 crore versus (Jun'24 Rs 2.00 crore).

Operating Profit surged by 145.24 per cent to Rs -13.39 crore as against Rs -5.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 86.24 per cent in June quarter.

Interest grew by 859.14 per cent y-o-y to Rs 78.17 crore, while Taxation decreased by 2716.67 per cent at Rs -1.57 crore (Jun'24 Rs 0.06 crore).