Nila Spaces Limited Q1 FY27 Net Sales Rise 14% to Rs 46.67 Crore

Nila Spaces Limited reported consolidated net sales of Rs 46.67 crore for the June 2026 quarter, a 14.29% increase from Rs 40.83 crore a year earlier. Net profit rose 47.3% year-on-year to Rs 8.60 crore, while operating profit margin improved to a quarterly high of 38.68%.

How did Nila Spaces perform in Q1 FY27?

Nila Spaces reported higher consolidated sales and profit for the quarter ended June 30, 2026, compared with the corresponding quarter of the previous year. Consolidated net sales stood at Rs 46.67 crore, against Rs 40.83 crore in June 2025. The company described revenue growth for the quarter as 14.30%, broadly in line with the reported 14.29% rise in consolidated net sales.

Net profit was reported at Rs 8.60 crore, up from Rs 5.84 crore a year earlier. Other results summaries placed quarterly net profit at about Rs 8 crore, with a year-on-year increase of 47.09% to 48.28%. The company also reported net profit of Rs 8.47 crore in its results commentary, representing a 44.54% year-on-year increase. The reported figures consistently indicate a substantial annual increase in profit, though rounded and stated values differ across the available summaries.

The operating margin was 38.68% during the June quarter, compared with 29.61% in the year-earlier period. Nila Spaces said this was its highest quarterly operating margin. Operating profit rose to Rs 18.05 crore from Rs 12.09 crore in June 2025, while expenses declined to Rs 28.62 crore from Rs 28.74 crore.

What changed from the March 2026 quarter?

Nila Spaces recorded lower revenue and profit sequentially from the March 2026 quarter, despite the year-on-year improvement. Consolidated net sales declined from Rs 49.80 crore in March 2026 to Rs 46.67 crore in June 2026. This represents a quarter-on-quarter reduction of about 6.3%, based on the company’s results commentary.

Net profit also fell sequentially. Results summaries showed a decline of 8.51% to 8.52% from the preceding quarter, while the company’s commentary cited a 7.93% reduction. Earnings per share was Rs 0.21 for the June 2026 quarter, compared with Rs 0.24 in the March 2026 quarter and Rs 0.15 in the June 2025 quarter.

The sequential moderation came after Nila Spaces reported consolidated net sales of Rs 49.80 crore for the March 2026 quarter, up 25.25% year-on-year. The June quarter therefore maintained annual sales growth but did not match the immediately preceding quarter’s revenue level.

How do the June quarter figures compare with earlier periods?

Nila Spaces’ June 2026 figures show a continued expansion in operating margin compared with recent reported quarters. Sales have increased from Rs 40.83 crore in June 2025 to Rs 46.67 crore in June 2026, while operating profit increased from Rs 12.09 crore to Rs 18.05 crore over the same period.

The company’s expense line declined year-on-year even as sales increased. Expenses were Rs 28.62 crore in June 2026, lower than Rs 32.39 crore in March 2026 and Rs 28.74 crore in June 2025. This was reflected in operating margin rising from 34.96% in March 2026 to 38.68% in June 2026.

For FY 2025-26, one financial summary listed revenue of Rs 175 crore, up 21.49%, and net profit of Rs 27 crore, up 75.01%. Separately, financial statement data listed total revenue of Rs 185.02 crore and net income of Rs 28.54 crore for the year ended March 2026. These differences underline the need to distinguish between the particular financial datasets and reported bases used in summaries.

What should investors watch in the next Nila Spaces results?

Nila Spaces has scheduled a board meeting on October 30, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The meeting is the next disclosed earnings-related event following the June quarter results.

The June results provide two clear reference points for the September quarter: consolidated sales of Rs 46.67 crore and operating margin of 38.68%. Investors will also be able to compare the company’s next results with the June quarter’s sequential declines in sales and net profit. The company’s commentary flagged rising interest costs as a factor requiring attention, without quantifying their impact in the material provided.

Standalone sales were Rs 39.11 crore for the June 2026 quarter, down 4.21% year-on-year, according to a separate reported update. This contrasts with the 14.29% increase in consolidated net sales and indicates that the standalone and consolidated performance measures should be assessed separately.

Conclusion

Nila Spaces delivered year-on-year growth in consolidated net sales, profit and operating margin in Q1 FY27. Net sales rose to Rs 46.67 crore, and the reported operating margin of 38.68% was the company’s highest quarterly level in the supplied data. However, both revenue and profit were lower than in the March 2026 quarter.

The next item to watch is the board meeting scheduled for October 30, 2026, when Nila Spaces is due to consider its unaudited Q2 FY27 and half-year financial results. Those disclosures will provide an updated view of sales, profitability, interest-cost trends and the difference between standalone and consolidated performance.