Quarterly Result11 Aug 2025, 08:14 pm
Embassy Developments Ltd. Reports Q1FY2026 Results, Achieves 18% Y-o-Y Pre-sales Growth
AI Summary
Embassy Developments Ltd. (formerly Equinox India Developments Limited and earlier Indiabulls Real Estate Limited) released its results for the quarter ended June 30, 2025. The company reported pre-sales of ₹ 198 Cr in Q1FY2026, up 18% y-o-y, and new bookings of 206k sq ft in Q1FY2026, up 16% y-o-y. The company also added four high-quality projects with a total GDV of ~€ 2,830 Cr and DM fee of ~₹ 560 Cr. Construction is in progress on eight projects, and the company has delivered ~1.3 msf across two projects in MMR and Vizag.
Key Highlights
- Embassy Developments Ltd. reported pre-sales of ₹ 198 Cr in Q1FY2026, up 18% y-o-y.
- New bookings stood at 206k sq ft in Q1FY2026, a 16% y-o-y increase.
- The company added four new projects with a GDV of ~€ 2,830 Cr and DM fee of ~₹ 560 Cr.
- Construction is ongoing on eight projects, with labor strength increased at key sites.
- The company delivered ~1.3 msf across two projects in MMR and Vizag.