Indiabulls Limited Reports Q1 FY27 PAT of ₹141 Crore

For Q1 FY27 ended June 30, 2026, Indiabulls Limited reported profit after tax of ₹141.0 crore on revenue of ₹384.4 crore, according to its investor presentation. The reported PAT margin was 36.7%, while the company’s next board meeting to consider Q2 FY27 results is scheduled for November 5, 2026.

What did Indiabulls report for Q1 FY27?

Indiabulls reported ₹384.4 crore in revenue and ₹141.0 crore in profit after tax for the April-June 2026 quarter. The company’s Q1 FY27 investor presentation placed the PAT margin at 36.7%. Another financial-results summary in the supplied information described operating margin at 42.8% for the latest reported quarter.

The reported result followed the company’s regulatory disclosures under Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations. Indiabulls submitted a press release and an earnings update relating to the quarter ended June 30, 2026, on July 23, 2026, according to the announcement details provided.

The supplied financial-performance panel separately shows revenue of ₹359 crore, down 12.01% quarter on quarter, while Q1 FY27 presentation-based summaries show ₹384.4 crore. The available material does not explain the difference in presentation or scope between these figures. The revenue and PAT figures cited in the investor-presentation summaries are therefore identified separately from the ₹359 crore figure shown in the financial panel.

How did the quarterly result compare with earlier periods?

The available Q1 FY27 snapshot says Indiabulls’ revenue increased 290.7% year on year and declined 12.1% from the preceding quarter. It also states that net profit rose 7,151.0% from a year earlier, when the company recorded a loss. These comparisons indicate that the year-on-year base included a substantially weaker period.

The quarter-on-quarter revenue decline should be read alongside the company’s post-merger reporting context. The supplied information says Q2 FY26 was the first full quarter after the 2025 merger, and describes Q3 FY26 revenue as seasonal or lumpy, while noting that profit after tax remained supported by financial-services contributions.

Indiabulls has been described in the provided material as the listed operating company of the Indiabulls Group for real estate and financial services after the restructuring. The company’s reported results therefore reflect operations spanning those stated businesses rather than a single, standalone property activity.

What does the result indicate about Indiabulls’ operations?

The reported ₹141.0 crore PAT and 36.7% PAT margin show that Indiabulls generated a meaningful profit in the quarter, based on the cited presentation figures. The supplied material also states that the company maintained zero net debt and announced an approved equity raise of ₹1,000.07 crore to fund growth.

The operational backdrop includes a broking business that reported trailing-12-month revenue of ₹131 crore, up 4% year on year, despite an industry slowdown. This metric was included in the Q1 FY27 investor presentation summary and points to a financial-services contribution alongside the company’s real estate activities.

However, the provided disclosures do not include an earnings-call transcript for the quarter. As a result, the available discussion is limited to the reported figures and presentation-based descriptions, rather than management guidance or detailed explanations of individual business-line performance.

Why do the Q1 FY27 figures matter for investors?

For investors, the main reported data points are the return to profitability compared with a loss a year earlier, the ₹141.0 crore PAT, and the margin disclosed in the investor presentation. The year-on-year growth percentages are high, but the comparison is affected by the loss-making base in the earlier period.

The difference between the ₹359 crore revenue figure on the financial panel and the ₹384.4 crore revenue figure in presentation-based summaries is also relevant. Investors assessing quarterly trends would need to refer to the company’s underlying filing and financial statements to establish whether the figures represent different accounting scopes, classifications, or reporting formats.

The approved ₹1,000.07 crore equity raise is another disclosed factor for shareholders. The supplied material states that it is intended to fund growth. It does not provide the issue structure, pricing, timing, or resulting ownership effects, so those details cannot be assessed from the information available.

When will Indiabulls release its next quarterly result?

Indiabulls’ board is scheduled to meet on November 5, 2026, to consider Q2 FY27 results for the July-September 2026 quarter. The date is listed as the company’s upcoming earnings date in the supplied data, which was current as of November 3, 2026.

That release will provide the next reported comparison point after the June-quarter revenue decline on a sequential basis. It may also provide further disclosure on the planned equity raise, the performance of real estate and financial-services operations, and the basis for revenue reporting across the company’s published materials.

Conclusion

Indiabulls reported Q1 FY27 PAT of ₹141.0 crore and revenue of ₹384.4 crore in its investor-presentation summary, with a PAT margin of 36.7%. The quarter also showed strong year-on-year growth from a loss-making base, while the supplied data recorded a sequential revenue decline and a separate financial-panel revenue figure of ₹359 crore.

The next confirmed event is the November 5, 2026 board meeting to consider Q2 FY27 results. Investors will watch for the next set of reported financials, any clarification on revenue presentation, and further information on the approved ₹1,000.07 crore equity raise.