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News Details

03/11/2026 21:10

Embassy Developments posts Q2 net loss of Rs 63.81 cr

The company reported standalone net loss during the quarter stood at Rs 63.81 crore as compared to net loss of Rs 40.48 crore in the previous year quarter.

Net revenue of the company declined substantially by 55.68 per cent at Rs 73.69 crore in July-September quarter of this fiscal as against Rs 166.25 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 45.77 per cent to Rs 104.06 crore from Rs 191.88 crore in year ago period.

Other Income dipped by 65.56 per cent at Rs 16.30 crore versus (Sep'25 Rs 47.33 crore).

Operating Profit surged by 18.45 per cent to Rs -30.37 crore as against Rs -25.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 167.25 per cent in September quarter.

Interest declined by 24.31 per cent y-o-y to Rs 42.62 crore, while Taxation decreased by 17.59 per cent at Rs -0.89 crore (Sep'25 Rs -1.08 crore).