Sri Lotus Developers Q1 FY27 profit jumps 77% YoY

Key takeaway

Sri Lotus Developers & Realty Limited reported a sharp year-on-year jump in Q1 FY27 consolidated profit, supported by a rise in project completions that more than doubled revenue from operations.

What the company reported for Q1 FY27

Sri Lotus Developers & Realty Limited, a Mumbai-based real estate developer, announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported consolidated profit after tax (PAT) of ₹45.72 crore, up 77.3% year-on-year (YoY). In the same quarter last year, consolidated PAT stood at ₹25.79 crore.

Revenue from operations for the consolidated group came in at ₹132.35 crore, rising 115.8% YoY from ₹61.32 crore. The company attributed the growth in operating revenue to increased project completions.

Revenue and profit drivers: project completions lift operations

The headline improvement in Q1 FY27 was led by the sharp expansion in revenue from operations. Operating revenue more than doubled YoY, while profit growth tracked the topline trend.

Profit before tax (PBT) for Q1 FY27 was reported at ₹60.91 crore versus ₹35.33 crore a year earlier, translating to a 72.4% YoY increase. Basic EPS rose to ₹0.93 from ₹0.59, a 57.6% increase over the comparable quarter.

Total income and other income mix

On a consolidated basis, total income for Q1 FY27 was ₹145.99 crore. This included ₹132.35 crore from operations and ₹13.65 crore from other sources.

The disclosure highlights that the quarter’s reported totals are not only a function of core operating performance, but also include non-operating income streams captured under other income.

Standalone performance disclosed alongside consolidated numbers

Along with consolidated results, the company also shared standalone figures for the same quarter. Standalone revenue was ₹10.00 crore for Q1 FY27.

Standalone PAT was ₹6.62 crore (also reported as ₹66.15 million). The company’s reader takeaway in the provided note described the quarter as showing strong consolidated growth alongside declining standalone revenue.

Board approval and audit review status

The Board of Directors approved the unaudited standalone and consolidated financial results at a meeting held on August 03, 2026. The review process was disclosed under Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

T. P. Ostwal & Associates LLP, the statutory auditors, issued a limited review report. The report stated that the financial statements comply with Ind AS 34 and other generally accepted accounting principles in India.

Promoter encumbrance disclosure for FY26

Separately, promoter disclosures referenced in the material indicated that no new share encumbrances were created during the financial year ended March 31, 2026 (FY26). The promoter group is led by Anand Kamalnayan Pandit.

The filing was stated to be in compliance with SEBI Regulation 31(4) and covered 11 promoters and persons acting in concert, including family members and trusts. The disclosure was positioned as providing clarity that the promoter stake remains free of undisclosed pledges or charges.

ESOP scheme approval noted

The company also approved an ESOP scheme for employees, as mentioned in the supplied results note. No additional numerical details on the ESOP were provided in the text.

Earnings call scheduled for August 04, 2026

Sri Lotus Developers & Realty Ltd said it will conduct an earnings conference call on August 04, 2026, at 11:30 AM IST. The call is intended to review the unaudited Q1 FY27 results across both standalone and consolidated performance.

The session is slated to be led by Chairman Anand K Pandit, CEO Sanjay Kumar Jain, and CFO Rakesh Gupta. The company’s intimation was submitted to BSE Limited and the National Stock Exchange of India Limited on July 23, 2026.

Snapshot of reported financial metrics

Market references and investor context

The supplied material included multiple price references for Sri Lotus Developers & Realty shares, including levels around ₹149, ₹145.55, and ₹139, along with percentage moves of about 3.23% to 3.40% at prices around ₹150.25 to ₹150.69. These were presented as market snapshots rather than as a single end-of-day close.

The same material also included a pre-results estimate range from Uniresearch for Q1 FY27 revenue at ₹95 to ₹109 crore and PAT at ₹27 to ₹34 crore, along with a 12-month target range of ₹178 to ₹198. Those figures were explicitly described as estimates, distinct from the company’s reported consolidated revenue of ₹132.35 crore and PAT of ₹45.72 crore.

Conclusion

Sri Lotus Developers’ Q1 FY27 print showed a sharp YoY rise in consolidated revenue and profit, with management linking the topline surge to higher project completions. Investors now have the company’s scheduled earnings call on August 04, 2026, as the next defined event for additional colour on the quarter’s standalone and consolidated performance.