HB Estate Developers profit more than doubles to Rs 2.50 crore

HB Estate Developers Limited reported net profit after tax of Rs 2.5019 crore for the quarter ended 30 September 2026, up 106.73% from Rs 1.2102 crore a year earlier, while total income from operations rose 13.02% to Rs 30.2141 crore. The unaudited standalone and consolidated figures in the published extract were identical.

How much did HB Estate Developers' quarterly profit increase?

HB Estate Developers' net profit after tax increased by Rs 1.2917 crore to Rs 2.5019 crore in the quarter ended 30 September 2026, from Rs 1.2102 crore in the corresponding three months ended 30 September 2025. This was a calculated year-on-year increase of 106.73%, based on the reported profit after tax figures after exceptional items.

Total income from operations increased by Rs 3.4808 crore, or 13.02%, to Rs 30.2141 crore from Rs 26.7333 crore in the prior-year quarter. The growth in net profit was therefore substantially higher than the increase in income, although the published financial-results extract does not provide an expense or segment-wise breakdown.

Profit before tax rose by Rs 1.4759 crore to Rs 3.5166 crore in the September 2026 quarter, from Rs 2.0407 crore a year earlier. The difference between reported profit before tax and profit after tax was Rs 1.0147 crore in the latest quarter, compared with Rs 0.8305 crore in the corresponding 2025 quarter.

What do HB Estate Developers' September-quarter figures show about profitability?

HB Estate Developers' reported profit expanded faster than total income from operations in the September 2026 quarter. Profit before tax represented a calculated 11.64% of income from operations, based on Rs 3.5166 crore of profit before tax and Rs 30.2141 crore of income, compared with 7.63% in the prior-year quarter.

Net profit after tax represented a calculated 8.28% of income from operations in the latest quarter, compared with 4.53% a year earlier. These calculations use the reported Rs 2.5019 crore of net profit and Rs 30.2141 crore of income for 2026, against Rs 1.2102 crore and Rs 26.7333 crore respectively for 2025.

Total comprehensive income was Rs 2.5118 crore for the quarter ended 30 September 2026, compared with Rs 1.2647 crore in the corresponding quarter of 2025. It exceeded latest-quarter net profit after tax by Rs 9,900, whereas total comprehensive income exceeded net profit after tax by Rs 5.45 lakh in the earlier quarter.

HB Estate Developers reported basic and diluted earnings per share of Rs 1.09 for the September 2026 quarter, up from Rs 0.59 in the comparable 2025 quarter. The published extract states that the earnings-per-share figures relate to equity shares with a face value of Rs 10 each.

Are HB Estate Developers' standalone and consolidated results different?

HB Estate Developers reported identical standalone and consolidated results in the published extract for both quarterly periods. Total income from operations was Rs 30.2141 crore for the quarter ended 30 September 2026 and Rs 26.7333 crore a year earlier under both presentations.

Net profit after tax was Rs 2.5019 crore in the latest quarter and Rs 1.2102 crore in the corresponding 2025 quarter in each presentation. Profit before tax was likewise Rs 3.5166 crore in the latest quarter and Rs 2.0407 crore in the previous-year quarter for both standalone and consolidated results.

For the half year ended 30 September 2026, both the standalone and consolidated extracts report total income from operations of Rs 57.9615 crore, profit before tax of Rs 5.9916 crore and net profit after tax of Rs 4.0397 crore. Half-year basic and diluted earnings per share were Rs 1.76, compared with Rs 1.09 for the September quarter alone.

Equity share capital was reported at Rs 23.2337 crore at 30 September 2026, compared with Rs 22.4837 crore in the corresponding three months ended 30 September 2025. The newspaper extract does not include a reconciliation for the Rs 75 lakh difference between the reported capital figures.

When did HB Estate Developers approve the September-quarter results?

HB Estate Developers' Audit Committee reviewed the unaudited results on 5 November 2026, and the Board of Directors approved them on the same date. The filing was dated 6 November 2026 and concerned the second quarter and half year ended 30 September 2026.

The company said its newspaper publication was made under Regulation 47 read with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The published statement is an extract of the detailed financial results filed under Regulation 33 of those regulations.

HB Estate Developers said the full quarterly and half-yearly results format was available on BSE Limited's website and the company's website. Lalit Bhasin, chairman, signed the published extract from Gurugram, dated 5 November 2026.

Conclusion

HB Estate Developers reported a September-quarter net profit after tax of Rs 2.5019 crore, more than double the Rs 1.2102 crore reported a year earlier, while total income from operations rose 13.02% to Rs 30.2141 crore. Profit before tax, net profit and total comprehensive income all grew faster than income, and the published standalone and consolidated results were the same.

What to watch next is whether the detailed results format, which HB Estate Developers said is available through BSE Limited and its website, provides the expense composition, exceptional-item detail and equity-share-capital reconciliation absent from the newspaper extract. The reported half-year net profit after tax of Rs 4.0397 crore provides the six-month position through 30 September 2026.