Arvind SmartSpaces' Q1 FY 2025-26 Quarterly Results

Result Summary

• Arvind SmartSpaces Ltd reported a 11.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 37.8%.
• Its expenses for the quarter were down by 2.1% QoQ and up 28.7% YoY.
• The net profit decreased 38.7% QoQ and increased 158.9% YoY.
• The earnings per share (EPS) of Arvind SmartSpaces Ltd stood at 2.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Arvind SmartSpaces Ltd is a prominent real estate development company in India, specializing in residential, commercial, and industrial projects. It is a part of the Arvind Group, which is well-known for its diverse business interests across textiles and garments, advanced materials, environmental solutions, and telecom. Arvind SmartSpaces focuses on creating innovative and sustainable real estate solutions. As of the latest available information, Arvind SmartSpaces has been actively expanding its portfolio, with several ongoing and upcoming projects across various cities in India. The company employs a customer-centric approach, emphasizing quality and timely delivery.

Revenue

In the first quarter of FY26, Arvind SmartSpaces Ltd reported a total income of ₹106.39 crores. This represents a decline of 11.4% compared to the previous quarter (Q4FY25), which recorded ₹120.11 crores. However, on a year-over-year basis, there was a substantial increase of 37.8% from ₹77.21 crores in Q1FY25. This growth indicates an upward trend in the company's revenue over the past year. The revenue figures illustrate the company's ability to enhance its income generation compared to the same period last year, despite a recent quarterly decline.

Profitability

During Q1FY26, the company's profit before tax (PBT) stood at ₹16.59 crores, a decline of 41.6% from the ₹28.40 crores reported in the previous quarter. Year-over-year, the PBT increased significantly by 123.3% from ₹7.43 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was ₹11.96 crores, which also decreased by 38.7% quarter-over-quarter, from ₹19.50 crores in Q4FY25. However, the PAT showed a remarkable year-over-year growth of 158.9% from ₹4.62 crores in the same quarter last year. This indicates that while there was a short-term reduction in profitability on a quarterly basis, the company achieved significant growth in profits compared to the previous year.

Operating Metrics

For Q1FY26, the total expenses of Arvind SmartSpaces Ltd were reported at ₹89.80 crores, showing a slight decrease of 2.1% from the ₹91.70 crores recorded in Q4FY25. Compared to Q1FY25, where expenses were ₹69.78 crores, there was a year-over-year increase of 28.7%. The company's earnings per share (EPS) for the quarter was ₹2.40, down from ₹3.40 in the previous quarter, representing a decline of 29.4%. Nevertheless, the EPS showed a substantial year-over-year increase of 300.0% from ₹0.60 in Q1FY25. The decrease in quarterly expenses, along with the significant annual growth in EPS, highlights key operational changes over the year.