Sri Lotus Developers Q1 FY27 PAT up 77% on 116% sales

Key takeaway from the June 2026 quarter

Sri Lotus Developers & Realty Limited reported a sharp year-on-year improvement in Q1 FY27, supported by a strong rise in revenue from operations. The Mumbai-based real estate developer disclosed unaudited financial results for the quarter ended June 30, 2026. Consolidated revenue for the quarter was reported at ₹132.35 crore, while consolidated profit after tax (PAT) stood at ₹45.72 crore. The company also approved an employee stock option plan (ESOP) scheme, adding a key corporate action alongside the earnings update. Statutory auditors T. P. Ostwal & Associates LLP reviewed the quarterly results.

Consolidated performance: revenue more than doubled

For Q1 FY27, consolidated revenue from operations rose 115.8% year-on-year to ₹132.35 crore, compared with ₹61.32 crore in the same period last year. Over the same period, consolidated PAT increased 77.3% year-on-year to ₹45.72 crore, up from ₹25.79 crore in Q1 FY26. Profit before tax (PBT) was reported at ₹60.91 crore for Q1 FY27 versus ₹35.33 crore a year earlier. The company linked the revenue jump to increased project completions, as stated in the provided results summary.

In addition to revenue from operations, the consolidated group reported other income, taking total income to ₹145.99 crore. This figure comprised ₹132.35 crore from operations and ₹13.65 crore from other sources. Basic earnings per share (EPS) for the quarter was reported at ₹0.93, up from ₹0.59 in Q1 FY26.

Standalone performance: smaller base, profitable quarter

On a standalone basis, Sri Lotus Developers & Realty reported revenue of ₹10.00 crore for Q1 FY27. Standalone PAT was reported at ₹6.62 crore for the quarter ended June 30, 2026. The data set also cites standalone net profit of ₹6.615 crore for the quarter. In each presentation, the standalone results indicate a profitable quarter, though the standalone revenue base is significantly smaller than the consolidated operations.

What the company approved: ESOP scheme

Alongside the quarterly results, the company approved an ESOP scheme for employees. The information provided does not include the size of the ESOP pool, vesting conditions, or grant schedule. Still, the approval itself is a material governance and compensation update, often tracked by investors for its potential effect on employee retention and longer-term equity dilution.

Auditor review and reporting status

The company stated that the results were unaudited and were reviewed by its statutory auditors, T. P. Ostwal & Associates LLP. The quarter covered is the first quarter of FY27, ended June 30, 2026. This matters for market participants because Q1 performance is often assessed for indications of project execution pace, revenue recognition timing, and margins, especially for real estate developers where completion-led revenue can vary sharply by quarter.

Conference call scheduled: August 4, 2026

Sri Lotus Developers & Realty said it will host an earnings conference call on August 04, 2026, at 11:30 AM IST. The call is meant to review the unaudited Q1 FY27 financial results, covering both standalone and consolidated performance. The company also shared dial-in access numbers for participants in different regions.

Stock snapshot and identifiers provided

The stock identifiers listed were NSE: LOTUSDEV and BSE: 544469, with the sector described as Construction - Real Estate. Price points in the provided material include ₹146.82 on NSE and ₹146.85 on BSE (as on 6/7/2026). Another market snapshot showed a BSE price of ₹145.55, up ₹2.65 (1.85%), with a day’s high of ₹146.95 and low of ₹142.85. A 52-week high of ₹102.4 was also shown in the same snapshot.

Market capitalisation figures cited include ₹7,175.44 crore as of Mar ’26, and another figure of ₹7,113.37 crore in the trading snapshot. These values are presented as provided, reflecting different reference points in the source material.

Q1 FY27 vs Q1 FY26: the reported year-on-year jump

The following table compiles the key consolidated metrics shared for Q1 FY27 versus Q1 FY26, converted into a single unit base (₹ crore).

Promoter disclosure on share encumbrance

The material also notes that the promoters, led by Anand Kamalnayan Pandit, declared no new share encumbrances for FY26. Separately, it reiterates that promoters declared no new encumbrances were created on their shares during the financial year ended March 31, 2026. For investors tracking governance and balance-sheet risk, encumbrance disclosures are a standard checkpoint, particularly for companies in capital-intensive sectors.

Guidance and expectations referenced in the material

The provided text also included a FY27 pre-sales guidance range of ₹1,800 crore to ₹2,000 crore, and an expectation of revenue growth of 55% to 60% in FY27, attributed to Sri Lotus Developers. These forward-looking points were listed alongside the results-related updates.

Separately, the material included a third-party preview with estimates (Q1 FY27E revenue ₹95-109 crore and PAT ₹27-34 crore) and a 12-month target range of ₹178-198, presented as an “Uniresearch estimate.” These are not company-reported figures, but they indicate that the stock had been in focus ahead of the quarterly print.

Conclusion

Sri Lotus Developers & Realty’s Q1 FY27 results showed consolidated revenue of ₹132.35 crore and PAT of ₹45.72 crore, with year-on-year growth driven by higher revenue from operations linked to project completions. The company also approved an ESOP scheme and scheduled an earnings call for August 4, 2026 at 11:30 AM IST, where investors may seek more detail on operational execution and outlook.