HB Estate Developers Ltd Approves Unaudited Financial Results for Q2 FY26; Revenue Stays Steady

HB Estate Developers Ltd Approves Unaudited Financial Results for Q2 FY26; Revenue Stays Steady

HB Estate Developers Ltd Approves Unaudited Financial Results for Q2 FY26; Revenue Stays Steady​

HB Estate Developers Ltd has announced the approval of its Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026. The Board of Directors considered and approved these results during a meeting held on August 03, 2026. These financial statements were reviewed by Statutory Auditors M/s N.C. Aggarwal & Co.

The company's standalone performance for the quarter ended June 30, 2026, showed Total Income of 2815.54 Lakhs (Rs. in Lakhs), primarily driven by Revenue from Operations of 277474 Lakhs. The results were presented alongside a Limited Review Report issued by N.C. Aggarwal & Co.

Financial Highlights (Standalone)

ParticularsThree Months Ended 30.06.2026Three Months Ended 31.03.2026Three Months Ended 30.06.2025Three Months Ended 31.03.2026 (Year)
Revenue from Operations2774743297.292376.3411692.63
Total Income (Including Other Income)2815.543346.582416.0811845.51
Total Expenses2568.042773.592362.7710068.77
Profit Before Tax (PBT)247.50572.9953.311776.74
Total Tax Expense93.72218.2715.13606.36
Profit for the Period from Continuing Operations153.78354.7238.181170.38
Total Comprehensive Income154.77360.1737.63117416

The company maintains one reportable primary segment, which is the Hospitality business, and therefore, segmental reporting is not applicable.

Consolidated Financial Performance

Turning to the consolidated results of HB Estate Developers Ltd and its Associate Parsvnath HB Projects Private Limited, the Group reported a Total Income of 2816.54 Lakhs for the quarter ended June 30, 2026. Revenue from Operations stood at 2774.74 Lakhs during this period.

The consolidated results also showed expenses totaling 2568.04 Lakhs, with a Profit Before Tax of 247.50 Lakhs for the quarter compared to 572.99 Lakhs in Q1 FY26 and 8331 Lakhs in Q2 FY25.

Consolidated Financial Highlights

ParticularsThree Months Ended 30.06.2026Three Months Ended 31.03.2026Three Months Ended 30.06.2025Three Months Ended 31.03.2026 (Year)
Revenue from Operations2774.743297.292376.3411692.63
Total Income (I + 1)2816.543346.582416.0811845.51
Total Expenses2568.042773.592362.7710068.77
Profit Before Tax (PBT)247.50672.9953.311776.74
Total Tax Expense9372218.2715.13606.36
Profit for the Period from Continuing Operations153.783847238.181170.38
Total Comprehensive Income15477380.1737.631174.16

The consolidated results reflect the operations of the Parent Company and its Associate, Parsvnath HB Projects Private Limited, which reflects a Group Share of net profit of Nil and total comprehensive income of Nil for the quarter ended June 30, 2026.

HBESD Stock Price Movement​

Shares of HB Estate Developers Limited today slipped by 0.04% as they settled at ₹75, having shed ₹0.03 in post-market trading. The stock traded 1,436 shares during the session, which remained within an intraday range of ₹73 to ₹78.94.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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