Radhe Developers (India) Ltd Q1 Revenue Falls to Zero Ahead of Q2

Radhe Developers (India) Ltd reported zero revenue and a ₹1.20 crore net loss for the quarter ended June 30, 2026, and is scheduled to consider Q2 FY26-27 results on November 6, 2026. The September-quarter announcement will show whether the company restored sales after the June-quarter operational weakness.

When will Radhe Developers announce Q2 FY26-27 results?

Radhe Developers is scheduled to consider and approve its unaudited financial results for the quarter and half year ended September 30, 2026, at a board meeting on November 6, 2026. The company is also expected to consider the statutory auditor's Limited Review Report alongside the financial statements, according to the board-meeting disclosure.

The upcoming disclosure is listed as a Q2 FY26-27 result event. It follows the company's October 31, 2026 filing under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, which informed exchanges about the proposed board meeting. The result will cover the three months ended September 2026 as well as the first half of the financial year.

For investors, the release is important because the latest reported quarter had no sales. The September-quarter figures will provide the next reported measure of project-related revenue, expenses and profitability after the June-quarter loss.

What did Radhe Developers report in Q1 FY26-27?

Radhe Developers reported sales of ₹0 crore and a net loss of ₹1.20 crore for the quarter ended June 30, 2026. Sales were down 100% from ₹6.15 crore in the quarter ended June 2025, based on the consolidated quarterly data provided.

The June 2026 quarter also recorded expenses of ₹0.82 crore, producing an operating loss of ₹0.82 crore. Other income was ₹0.02 crore and interest expense was ₹0.19 crore. The available result summary states that the loss represented a shift from a ₹0.11 crore profit in the preceding March 2026 quarter.

The board approved the unaudited June-quarter results on July 17, 2026, together with the statutory auditor's limited review report. The company said the financial statements were prepared in accordance with Indian Accounting Standards. It also approved the notice for its 32nd Annual General Meeting at the same board meeting.

How has Radhe Developers' financial performance moved recently?

Radhe Developers' recent quarterly sales have been uneven, with periods of zero revenue interspersed with modest revenue generation. Consolidated sales were ₹3.27 crore in September 2024, nil in December 2024, ₹4.19 crore in March 2025 and ₹6.15 crore in June 2025. Sales then declined to ₹2.49 crore in September 2025 and ₹0.08 crore in December 2025 before recovering to ₹2.39 crore in March 2026.

The return to zero sales in June 2026 therefore followed a quarter in which the company had reported ₹2.39 crore of sales. This pattern matters for a real-estate company because reported revenue can depend on project execution, completion milestones and the timing of accounting recognition. The disclosed data does not identify the specific reason for the June-quarter absence of revenue.

On an annual standalone basis, net sales increased to ₹11.11 crore in the year ended March 2026 from ₹7.66 crore in the year ended March 2025. Operating profit before depreciation, interest and tax, excluding other income, rose to ₹4.97 crore from ₹3.18 crore. Annual net profit was ₹3.24 crore in March 2026, compared with ₹1.35 crore in March 2025.

Why do the September-quarter results matter to investors?

The September-quarter results matter because they will indicate whether Radhe Developers generated revenue after the ₹0 crore sales reported in June. A resumption of reported sales would be a factual change from the immediately preceding quarter, while another quarter without revenue would extend the recent interruption reflected in the company's disclosures.

The results will also give investors updated information on operating costs and interest expense. In June, expenses of ₹0.82 crore and interest of ₹0.19 crore were recorded despite no sales, contributing to the quarterly loss. The September figures will show the next reported level of these costs, but the available filings do not provide a forecast or target for revenue and profit.

The company's market performance has also been weak in the supplied data, with the stock stated to have declined 29.52% over the previous year. That figure places greater attention on the scheduled financial disclosure, although a share-price move cannot be inferred from results before the numbers are released.

What should investors examine in the Q2 filing?

Investors should examine the reported sales figure, net profit or loss, operating expenses and interest cost in Radhe Developers' September-quarter filing. These items are directly relevant after the company reported no June-quarter sales and a loss of ₹1.20 crore.

It will also be useful to separate quarterly and annual comparisons. The supplied quarterly table is labelled consolidated, while the March 2026 annual snapshot is labelled standalone. These reporting bases are not the same, so direct comparisons should be made only after checking the basis stated in the result documents.

The board's consideration of the Limited Review Report is another relevant point. The report accompanies the unaudited results under the company's stated regulatory process. Investors can review the final exchange filing for the approved financial statements and any accompanying notes when they are published.

Conclusion

Radhe Developers enters its November 6 results event after a June 2026 quarter in which revenue fell to zero and the company reported a ₹1.20 crore loss. The contrast with ₹6.15 crore of sales in June 2025 and ₹2.39 crore in March 2026 highlights the volatility in its recent reported operating performance.

The next item to watch is the board's approved unaudited result for the quarter and half year ended September 30, 2026, along with the statutory auditor's Limited Review Report. The filing will provide the confirmed update on sales, costs, interest and profitability after the June-quarter result.