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News Details

18/08/2026 16:50

Hubtown Q1 net profit down 73.69% at Rs 17.71 cr

The company reported standalone net profit of Rs 17.71 crore for the quarter ended June 30, 2026 as compared to Rs 67.31 crore in the same period last year, registering a year-on-year decline of 73.69 per cent.

Net revenue of the company declined substantially by 85.06 per cent at Rs 21.22 crore in April-June quarter of this fiscal as against Rs 142.07 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 92.79 per cent to Rs 8.25 crore from Rs 114.41 crore in year ago period.

Other Income grew by 12.76 per cent at Rs 39.24 crore versus (Jun'25 Rs 34.80 crore).

Operating Profit slipped by 53.11 per cent to Rs 12.97 crore as against Rs 27.66 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 213.92 per cent in June quarter.

Interest grew by 528.29 per cent y-o-y to Rs 28.21 crore, while Taxation increased by 158.68 per cent at Rs 5.78 crore (Jun'25 Rs -9.85 crore).