Prozone Realty's Q1 FY 2025-26 Quarterly Results

Result Summary

• Prozone Realty Ltd reported a 22.2% 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 22.2%.
• Its expenses for the quarter were down by 42.0% QoQ and 12.3% YoY.
• The net profit decreased 128.5% QoQ and decreased 166.5% YoY.
• The earnings per share (EPS) of Prozone Realty Ltd stood at 0.05 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

Prozone Realty Ltd is a leading player in the real estate and infrastructure development industry, primarily engaged in developing, owning, and managing world-class shopping malls, residential projects, and commercial spaces. The company operates in a sector characterized by cyclical demand and varying market conditions. As of the latest financial quarter, Prozone Realty has been focusing on expanding its portfolio and enhancing its operational efficiencies. However, specific recent major developments were not provided in the data available. The company's key areas of focus include real estate development and management, with a strategic emphasis on urban and suburban retail destinations.

Revenue

During the quarter Q1FY26, Prozone Realty Ltd reported a total income of ₹41.15 crores. This represents a decrease of 22.2% when compared to the previous quarter Q4FY25, where the total income was ₹52.87 crores. Conversely, there was a year-over-year increase of 22.2% from Q1FY25, which recorded a total income of ₹33.68 crores. The fluctuations in revenue reflect the changes in market conditions and the company's operational strategy during this period. It's important to note that these values are indicative of the company's revenue generation capabilities and market positioning.

Profitability

The financial performance of Prozone Realty Ltd in terms of profitability showed a significant turnaround in Q1FY26. The company posted a profit before tax of ₹6.61 crores, a stark contrast to a loss before tax of ₹6.72 crores in Q4FY25, marking a quarter-over-quarter improvement of 198.4%. Year-over-year, this also shows a major improvement from the loss before tax of ₹5.69 crores in Q1FY25. After accounting for tax expenses, the profit after tax for Q1FY26 was ₹3.78 crores, compared to a loss of ₹13.26 crores in Q4FY25 and a loss of ₹5.68 crores in Q1FY25. Earnings per share followed a similar pattern, standing at ₹0.05 in Q1FY26, a recovery from a negative ₹0.35 in Q4FY25 and negative ₹0.30 in Q1FY25.

Operating Metrics

Prozone Realty Ltd's total expenses for Q1FY26 were ₹34.54 crores, which represents a 42.0% decline from Q4FY25, where expenses were ₹59.58 crores. This decline in expenses contributed significantly to the turnaround in profitability for the quarter. Compared to Q1FY25, expenses decreased by 12.3% from ₹39.37 crores. The tax expense for Q1FY26 was ₹3.04 crores, which is a decrease of 54.4% from Q4FY25's ₹6.66 crores but an increase from the ₹0.15 crores in Q1FY25. The changes in operating metrics highlight the company's efforts in managing its cost structures and tax obligations effectively during the quarter.