Veegaland Developers Q2 FY27 Revenue Up 29% to ₹106.3 Cr

Veegaland Developers Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. For Q2 FY27, the company reported a 28.7% year-on-year increase in revenue from operations to ₹106.3 Cr. EBITDA saw a significant rise of 77.8% YoY to ₹22.8 Cr, with EBITDA margins improving by 550 basis points to 20.9%. Profit After Tax (PAT) grew by 92.3% YoY to ₹16.0 Cr, resulting in a PAT margin of 14.7%, an increase of 470 basis points YoY. Basic EPS stood at ₹4.46. For the half-year ended H1 FY27, revenue increased by 45.5% YoY to ₹180.7 Cr, and PAT grew by 123.1% YoY to ₹25.7 Cr. The company highlighted its focus on strengthening its presence in Kerala's residential markets and building a differentiated portfolio of quality homes with biophilic designs.