Quarterly ResultMay 6, 2026, 04:28 PM
IRSA Investments 9-Month Profit Jumps to ARS 239.7B
AI Summary
IRSA Investments reported a significant increase in profit for the nine-month period ended March 31, 2026, reaching ARS 239,741 million, up from ARS 46,497 million in the prior year. Adjusted EBITDA from rental segments grew 4.6% year-over-year to ARS 232,327 million, with strong performance in shopping malls, offices, and hotels. The company also launched a new 15,350 sqm office building and continued construction on other projects. Details on share capital, Cresud's ownership, and outstanding warrants expiring in May 2026 were also provided.
Key Highlights
- Profit for the nine-month period ended March 31, 2026, was ARS 239,741 million, up from ARS 46,497 million YoY.
- Adjusted EBITDA from rental segments increased 4.6% year-over-year to ARS 232,327 million.
- Shopping Malls segment revenues grew 2.4% and Adjusted EBITDA increased 2.0%.
- Maintained 100% occupancy in the premium office portfolio during the third quarter.
- Launched a new 15,350 sqm GLA office building at Polo Dot with Mercado Libre as main tenant.
- Executed swap agreements for two new lots at Ramblas del Plata for $11.3 million.
- Market capitalization as of March 31, 2026, was approximately $1,314 million.
- 26,392,876 warrants are outstanding, expiring on May 12, 2026.