Quarterly Result7 Aug 2026, 05:21 pm
Modis Navnirman Q1 FY27: Revenue Up 27.9%, PAT Up 25.8%
AI Summary
Modis Navnirman Limited announced its unaudited consolidated financial results for Q1 FY27, reporting a strong performance. Revenue from operations increased by 27.92% year-on-year to ₹58.26 crore, while Profit After Tax (PAT) saw a significant rise of 25.81% to ₹8.54 crore. EBITDA grew by 14.25% YoY to ₹11.65 crore. The company also reported a substantial surge in Area Sold, up 780% YoY to 44,000 sq. ft. Modis Navnirman secured a new redevelopment project, expanding its pipeline to 5 projects, in addition to ongoing and completed projects. Management highlighted disciplined execution and the strength of its redevelopment-led business model.
Key Highlights
- Q1 FY27 Revenue from operations grew 27.92% YoY to ₹58.26 crore.
- PAT increased 25.81% YoY to ₹8.54 crore in Q1 FY27.
- Area Sold surged 780% YoY to 44,000 sq. ft.
- Secured a new redevelopment project, expanding pipeline.
- Management cited strong operational efficiency and business model.
Price Impact
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