Peninsula Land's Q1 FY 2025-26 Quarterly Results

Result Summary

• Peninsula Land Ltd reported a 63.4% 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 17.9%.
• Its expenses for the quarter were down by 54.2% QoQ and up 9.9% YoY.
• The net profit decreased 120.7% QoQ and increased 160.6% YoY.
• The earnings per share (EPS) of Peninsula Land Ltd declined at 0.1 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

Peninsula Land Ltd is a prominent real estate company based in India, primarily engaged in the development of residential and commercial properties. The company's portfolio includes a range of real estate projects, from luxury apartments to commercial spaces, catering to various segments of the market. Peninsula Land Ltd is known for its focus on innovation, quality construction, and timely delivery of projects. As of the latest available data, there are no major developments or strategic shifts reported for the company. The company operates in a competitive industry characterized by fluctuations in demand and regulatory challenges, impacting its financial performance periodically.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Peninsula Land Ltd reported a total income of ₹43.49 crores. This represents a significant decrease of 63.4% from the previous quarter (Q4FY25), where total income stood at ₹118.69 crores. However, when compared to the corresponding quarter of the previous year (Q1FY25), the total income increased by 17.9% from ₹36.89 crores. This year-over-year growth indicates an improvement in revenue generation compared to the same period last year, despite the sharp quarter-over-quarter decline.

Profitability

The profitability of Peninsula Land Ltd experienced substantial changes in the first quarter of FY26. The profit before tax for Q1FY26 was reported at a loss of ₹5.02 crores, a drastic decline from a profit of ₹25.18 crores in Q4FY25. This resulted in a negative quarter-over-quarter change of 119.9%. Compared to Q1FY25, where the company reported a loss of ₹1.91 crores, there was a year-over-year decline of 162.8%. The profit after tax followed a similar trend, with a reported loss of ₹5.03 crores in Q1FY26, compared to a profit of ₹24.30 crores in the previous quarter and a loss of ₹1.93 crores in Q1FY25. Earnings per share were consistent with the profit figures, showing a negative value of ₹-0.10, both in Q1FY26 and Q1FY25, while they were positive in Q4FY25 at ₹0.80.

Operating Metrics

The total expenses for Peninsula Land Ltd in Q1FY26 were ₹42.66 crores, marking a 54.2% decrease from ₹93.18 crores in Q4FY25. However, there was a year-over-year increase of 9.9% from ₹38.80 crores in Q1FY25. The tax expense for the first quarter of FY26 was negligible, with no tax reported, compared to a tax expense of ₹0.50 crores in Q4FY25 and a tax benefit of ₹-0.15 crores in Q1FY25. The operating metrics indicate a significant reduction in expenses from the previous quarter, aligning with the decline in total income, while also reflecting an increase in costs when compared to the same quarter of the previous year.