Ratnabhumi Developers Q4 FY26: revenue up, profit dips

Key takeaways from the March 2026 quarter

Ratnabhumi Developers Ltd reported an improvement in revenue in the March 2026 quarter compared with the previous quarter, but profitability remained under pressure on both a quarter-on-quarter and year-on-year basis. The company’s latest quarter numbers show revenue around ₹15 crore, with net profit around ₹0.30 crore and EPS around ₹0.21 to ₹0.22. The results point to a business that saw a rebound in topline from a low base in the prior quarter, while higher costs and finance charges continued to weigh on the bottom line.

The update also included shareholding and market snapshot points, with promoter holding unchanged at 73.56% in the June 2026 quarter. A reported current share price in the provided data was ₹174. The company also approved the re-appointment of Mrs. Avani Rohit Sanghavi as a Non-executive Independent Director for five years starting June 7, 2026.

Q4 FY26 revenue and profit: what the numbers show

For the quarter ended March 31, 2026, Ratnabhumi Developers’ revenue was reported around ₹15 crore across the data points shared. One quarterly table listed net sales of ₹14.68 crore for March 2026, while another quarterly sequence showed sales of ₹14.91 crore for March 2026. Separately, the audited results note total income of ₹15.1067 crore for the same quarter.

Net profit for the quarter ended March 31, 2026 was reported at ₹0.2832 crore (₹28.32 lakh) on a consolidated basis in the audited results, while the standalone net profit for the quarter was ₹0.3031 crore (₹30.31 lakh). The headline snapshot in the provided text also shows “Latest net profit ₹0.30 Cr Mar 2026” and “Latest EPS ₹0.22 Mar 2026”, consistent with the audited-quarter profit and EPS range cited elsewhere.

QoQ and YoY trend points highlighted in the data

The result highlights included a sharp quarter-on-quarter jump in consolidated revenue for Q4 FY26. According to the provided “Result Highlights”, Ratnabhumi Developers reported an 85.2% QoQ increase in consolidated revenues for the quarter-ended March 2026, while revenue declined 56.8% YoY.

Costs moved in the opposite direction on a sequential basis. Expenses were stated to be up 101.9% QoQ and down 53.5% YoY for the quarter. Profitability weakened: net profit was stated to have decreased 54.1% QoQ and decreased 89.4% YoY. Another line in the data set also states net profit fell 89.35% from the same period last year to ₹0.28 crore in Q4 FY 2025-26.

Quarterly operating snapshot: sales, costs, and interest

The quarterly table (figures in ₹ crore) shows net sales of ₹7.9 crore in Dec 2025 rising to ₹14.68 crore in Mar 2026, while total expenditure increased from ₹3.66 crore to ₹11.31 crore over the same period. Operating profit declined from ₹4.24 crore in Dec 2025 to ₹3.37 crore in Mar 2026 in that table. Other income was ₹0.2 crore in Mar 2026. Interest cost remained significant at ₹2.95 crore in Mar 2026 (vs ₹3.41 crore in Dec 2025).

A separate trend line in the provided content states that revenue rose for the last two quarters from ₹8.16 crore to ₹15.11 crore, with an average increase of 46.0% per quarter. This is directionally consistent with the jump from the Dec 2025 quarter to the Mar 2026 quarter in the quarterly net sales table.

FY26 audited results: full-year income and profit in ₹ crore

The company announced its audited financial results for the year ended March 31, 2026. On a consolidated basis, net profit was reported at ₹3.1441 crore, down from ₹5.7333 crore in the previous year. On a standalone basis, FY26 net profit was ₹3.1149 crore, compared with ₹5.7082 crore in the previous year.

Full-year standalone total income was ₹61.8028 crore, and consolidated total income was ₹62.2069 crore. Revenue from operations (standalone) for the year stood at ₹61.0525 crore.

Table: Q4 FY26 and FY26 headline audited figures (₹ crore)

Longer-view P&L context from the shared dataset

The Profit & Loss table shared (₹ crore) shows annual net sales at ₹215.23 crore in Mar 2025 and ₹61.05 crore in Mar 2026. Over the same period, total expenditure was ₹192.63 crore in Mar 2025 and ₹43.12 crore in Mar 2026, while operating profit was ₹22.59 crore in Mar 2025 and ₹17.93 crore in Mar 2026. Interest cost for the full year was listed at ₹14.89 crore in Mar 2025 and ₹13.66 crore in Mar 2026.

These figures underline that interest expense is a notable line item in the company’s cost structure, and the quarterly table also shows interest running close to ₹3 crore in Mar 2026. The dataset also mentions EPS for Q4 FY26 at about ₹0.21 and a “Latest EPS ₹0.22” snapshot for Mar 2026.

Shareholding and stock data points cited

The shareholding snapshot stated that promoter holding remained unchanged at 73.56% in the June 2026 quarter. Another line shows “investors” at 26.44 across periods shown, aligning arithmetically with the promoter stake in that same snapshot.

On price, the provided text includes: “The current share price of Ratnabhumi Developer is Rs 174.” Other market lines in the input show different values (such as 254.55 and 242.45 with a daily change), but the only explicit “current share price” statement provided was ₹174.

Corporate actions: board and director update

The content also notes a board decision on leadership continuity. Ratnabhumi Developers approved the re-appointment of Mrs. Avani Rohit Sanghavi as a Non-executive Independent Director for a five-year term starting June 7, 2026. A separate line in the dataset shows a “latest release” date of 21-05-2026 alongside EPS and revenue figures.

Market impact: what investors can infer from the reported figures

The quarter reflects a clear rebound in revenue compared with the immediately preceding quarter, which is also captured in the stated 85.2% QoQ rise in consolidated revenues. At the same time, the data flags that profits declined sharply, with net profit down 54.1% QoQ and about 89% YoY, and EPS for the quarter around ₹0.21.

From the cost lens, the sequential jump in expenses (stated at 101.9% QoQ) alongside meaningful interest costs in both annual and quarterly tables helps explain why a topline recovery did not translate into improved quarterly profitability. Promoter holding being unchanged at 73.56% in Jun 2026 is a stability marker on ownership, but it does not change the near-term earnings picture shown by the quarter.

Conclusion

Ratnabhumi Developers’ Q4 FY26 results show revenue rising back to about ₹15 crore after a weak prior quarter, while net profit stayed modest at around ₹0.28 to ₹0.30 crore and declined sharply from the year-ago quarter. The FY26 audited numbers also show lower annual profit than FY25 on both standalone and consolidated bases. The next set of quarterly updates and any follow-through on operational spending and interest costs will be key datapoints to track alongside the company’s ongoing governance actions such as the June 2026 director re-appointment.