Arkade Developers Q4 FY26 loss Rs 109.45 cr, sales +50%

What Arkade Developers reported for the March 2026 quarter

Arkade Developers reported a consolidated net loss of Rs 109.45 crore for the quarter ended March 2026, compared with a net profit of Rs 33.26 crore in the quarter ended March 2025. The company’s topline, however, rose sharply year-on-year during the same period. Net sales for the March 2026 quarter stood at Rs 196.58 crore, up 49.55% from Rs 131.45 crore in the March 2025 quarter.

The reported numbers underline a divergence between revenue growth and bottom-line performance in the latest quarter. Along with the loss, operating profitability also softened. EBITDA for the March 2026 quarter was reported at Rs 40.34 crore, down 14.8% from Rs 47.35 crore a year earlier.

Revenue growth remained strong in Q4 FY26

On the revenue line, Arkade Developers’ quarterly performance showed a meaningful increase versus the same period last year. Net sales or income from operations was reported at Rs 196.58 crore for Mar’26 versus Rs 131.45 crore for Mar’25. A separate disclosure in the provided text also states consolidated total income for Q4 FY26 at Rs 199.06 crore versus Rs 134.34 crore in the corresponding quarter of the previous year.

The Q4 revenue number was broadly in line with the immediately preceding quarter. Consolidated net sales or income from operations for Dec’25 (Q3 FY26) was reported at Rs 196.73 crore, close to the Mar’26 level of Rs 196.58 crore.

Net loss in Q4 FY26 versus profit in the year-ago quarter

Despite the strong year-on-year revenue rise, Arkade Developers reported a consolidated loss after tax for Q4 FY26. The headline reported net loss for the March 2026 quarter was around Rs 109.45 crore (also shown as Rs 109.56 crore in another section of the provided text). This compares with a profit after tax of Rs 33.26 crore (also shown as Rs 32.26 crore in one section and Rs 33.36 crore / Rs 33.36 crore in a table line) in the March 2025 quarter.

The consolidated results table included in the text also shows “Net Profit/(Loss) For the Period” at -Rs 109.46 crore for Mar’26, compared with Rs 40.17 crore for Dec’25 and Rs 33.36 crore for Mar’25, indicating a swing into losses in the final quarter of FY26.

EBITDA declined year-on-year

Operating profit also declined versus the March 2025 quarter. EBITDA was reported at Rs 40.34 crore in March 2026, down from Rs 47.35 crore in March 2025. Another “Earnings Alert” summary in the text also cited EBITDA at Rs 39.7 crore (Rs 397 million) with a 20% margin.

While the exact bridge between EBITDA and net profit is not detailed in the provided excerpt, the combination of lower EBITDA and a much weaker bottom line suggests material cost, finance, depreciation, tax, or other below-EBITDA items impacting profitability in Q4 FY26.

Full-year FY26: profit fell sharply even as sales rose

For the full year ended March 2026, Arkade Developers reported a steep decline in consolidated profit. One section states FY26 net profit declined 96.57% to Rs 5.38 crore versus Rs 156.93 crore in FY25. Another section, citing a BSE filing, states profit after tax stood at Rs 5.29 crore in FY26 versus Rs 156.92 crore in FY25, a decline of 96.63%.

Sales for the full year increased. The text reports sales rose 19.51% to Rs 816.40 crore in FY26 compared with Rs 683.10 crore in FY25.

How the previous quarter (Q3 FY26) compared

The data provided also points to stronger profitability in Q3 FY26. For Dec’25, revenue was listed at Rs 196.73 crore and net profit at around Rs 40.30 crore. In the consolidated quarterly table, “Net Profit/(Loss) For the Period” for Dec’25 is shown at Rs 40.17 crore.

This makes the March quarter swing notable, as the revenue line stayed near-flat sequentially (Rs 196.73 crore in Dec’25 versus Rs 196.58 crore in Mar’26) but the bottom line moved from profit to a loss of about Rs 109.5 crore.

Stock performance: price and recent returns

Arkade Developers shares closed at Rs 122.81 on May 25, 2026 on the NSE, as stated in the text. The stock has delivered negative returns over both medium and longer horizons provided: -25.71% over the last six months and -30.78% over the last 12 months.

Key reported numbers at a glance

What investors will track from here

The reported results place attention on the gap between revenue growth and profitability, especially given the sharp Q4 swing from profit to loss. Investors will likely track whether the company provides further clarity through filings and subsequent quarterly updates on the drivers behind the Q4 loss and how operating profitability evolves.

On the business side, the next set of quarterly disclosures will also help show whether the near-flat sequential revenue (Q3 to Q4) changes meaningfully and whether EBITDA recovers from the year-on-year decline reported for Q4.

Conclusion

Arkade Developers’ consolidated Q4 FY26 results showed strong year-on-year sales growth to Rs 196.58 crore, but a net loss of about Rs 109.45 crore and a lower EBITDA of Rs 40.34 crore. For FY26, sales rose to Rs 816.40 crore while profit fell to around Rs 5.3 crore. Market focus is expected to remain on upcoming disclosures and subsequent results for signs of stabilisation in profitability.