Nimbus Projects Q1 FY27: ₹3.26 cr profit reversal
Nimbus Projects Ltd
NIMBSPROJ
Ask AI
Nimbus Projects Limited reported a return to profit at the consolidated level for the quarter ended June 30, 2026 (Q1 FY27), while its standalone business continued to post losses. The company said consolidated net profit stood at ₹3.26 crore, reversing a net loss of ₹31.17 crore in the corresponding quarter last year. The contrast between consolidated and standalone performance is notable because the standalone numbers moved in the opposite direction, with losses widening year-on-year.
The board approved the unaudited results on August 12, 2026. The financials were reviewed by statutory auditors Oswal Sunil & Company, which issued an unqualified limited review report.
Q1 FY27 consolidated profit turns positive
Nimbus Projects reported consolidated net profit of ₹3.26 crore for Q1 FY27. In the same period last year, the company had posted a consolidated net loss of ₹31.17 crore. The swing to profit is the headline development from the quarter, based on the figures disclosed in the results.
The company’s consolidated revenue from operations for Q1 FY27 stood at ₹2.94 crore (₹293.53 lakh). Revenue was significantly lower than ₹218.83 crore (₹21,882.53 lakh) reported in Q4 FY26, but it was also lower than ₹3.90 crore (₹389.63 lakh) recorded in Q1 FY25.
Standalone results show wider losses
While consolidated numbers showed a profit, Nimbus Projects’ standalone operations reported a net loss of ₹13.33 crore in Q1 FY27. This compares with a standalone net loss of ₹1.00 crore in Q1 FY26. The widening of standalone losses, alongside consolidated profitability, is a key point for investors tracking the composition of earnings and where performance is improving or weakening.
Separately, Nimbus Projects also referenced earlier standalone performance for Q1 FY25, where standalone revenue grew 1331% year-on-year to ₹0.36 crore (₹35.63 lakh) and the quarter resulted in a net loss of ₹3.00 crore (₹300.12 lakh). These figures provide additional context on the volatility in reported revenue and profitability across periods.
Revenue trend: sharp fall from Q4 FY26
The revenue comparison across adjacent quarters stands out. Consolidated revenue from operations declined to ₹2.94 crore in Q1 FY27 from ₹218.83 crore in Q4 FY26. The company also reported that Q1 FY25 revenue was ₹3.90 crore, which is higher than Q1 FY27 revenue based on the disclosed numbers.
Because the article provides these three points (Q1 FY27, Q4 FY26, and Q1 FY25), they offer a limited but clear snapshot of how sharply reported quarterly revenue can move. Beyond those figures, no additional segment-wise split was provided in the supplied text.
Board approval and auditor review
Nimbus Projects said the board of directors approved the unaudited financial results on August 12, 2026. The results were reviewed by Oswal Sunil & Company, the statutory auditors, which issued an unqualified limited review report. An unqualified limited review indicates that the auditor did not flag qualifications in its review report, based on the disclosure.
Operational performance: pre-sales and collections rise
Alongside financial results, Nimbus Projects disclosed operational indicators for Q1 FY27 that pointed to stronger activity in its residential portfolio. The company reported a pre-sales booking value of ₹157.36 crore, up 134.31% year-on-year from ₹67.16 crore in Q1 FY26. It also reported customer collections of ₹75.91 crore, a 49.75% increase from ₹50.69 crore in the year-ago quarter.
The company attributed this operational performance to residential demand in the National Capital Region (NCR), as stated in the provided text. These metrics are often watched in real estate because they reflect booking momentum and cash flow realization.
Key numbers at a glance
Stock move: shares fall 5% to ₹190.95
The article also reported a market reaction, noting that shares of Nimbus Projects slipped 5.00% to settle at ₹190.95. Separately, a reference to the company trading at ₹191 was included in the supplied text, broadly in line with the closing figure mentioned.
Promoter holding disclosure
Promoter Nem Chand Jain disclosed his shareholding in Nimbus Projects, stating he held 5,200 equity shares, representing a 0.017% stake, free of encumbrance as of March 31, 2026. The declaration also confirmed that no encumbrance was created on these shares, directly or indirectly, throughout the financial year ended March 31, 2026.
Such disclosures are tracked for visibility on promoter holdings and whether shares are pledged, as pledging can be relevant to market perception and risk assessment.
Other filings and published financial results
Nimbus Projects said it published its unaudited financial results for the quarter and nine months ended December 31, 2025 on February 12, 2026, in line with SEBI regulations. The company also stated that these results were released via newspaper publications in Financial Express and Jansatta and were available on its website.
Estimates and historical profit figures cited
The supplied text also included a “Q1 FY27 estimates” range and other reference figures. It stated a Q1 FY27E revenue range of ₹7-8 crore and a net profit (PAT) estimate range of -₹16 to -₹20 crore, along with a 12-month target range of ₹229-254. It also listed profit figures as -₹64.23 crore for TTM, ₹62.93 crore for Mar 2025, and ₹0.01 crore for Mar 2024.
These are presented in the article as estimates and reference points, and are separate from the company’s reported Q1 FY27 consolidated profit of ₹3.26 crore.
What investors may track next
The immediate confirmed milestones in the provided text are the board approval date (August 12, 2026) and the auditor’s unqualified limited review. Going ahead, investors are likely to track whether operational momentum in pre-sales and collections sustains, alongside how the standalone loss trend evolves in subsequent filings.
The next updates will come through the company’s routine disclosures and financial results announcements, as and when published under listing requirements.
Frequently Asked Questions
Did your stocks survive the war?
See what broke. See what stood.
Live Q1 Earnings Tracker
