Sri Lotus Developers Releases Quarterly Results for Q ended June 30, 2026

Sri Lotus Developers Releases Quarterly Results for Q ended June 30, 2026

Sri Lotus Developers Releases Quarterly Results for Q ended June 30, 2026​

Sri Lotus Developers and Realty Limited (formerly AKP Holdings Limited) has announced its Un-Audited Financial Results for the quarter ending June 30, 2026. These results, which include both Consolidated and Standalone statements, were reviewed by the company's Statutory Auditors and subsequently approved by the Board of Directors at a meeting held on August 03, 2026.

The Un-Audited (Consolidated) Financial Results for the quarter ended June 30, 2026, alongside the Limited Review Report from the Statutory Auditors, are available.

Consolidated Financial Performance Summary​

The Consolidated Statement of Unaudited Financial Results shows performance metrics across various periods. Key figures for consolidated results are presented in millions:

ParticularsJune 30, 2025 (Unaudited)March 31, 2025 (Audited)June 30, 2026 (Unaudited)March 31, 2026 (Audited)
INCOME
Revenue from operations323.483,074.98613.187,689.5
Other income136.46145.3567.72497.66
Total Income1,459.943,220.31680.908,187.7
EXPENSES
Cost of construction and development1,334.862,865.86534.317,175.72
Changes in inventories(665.0)(1,273.74)(315.31)(2,983.28)
Employee benefits expenses61.7840.5631.58152.39
Finance costs5.124.744.9319.42
Depreciation and amortisation expenses3614.374.0416.72
Other expenses110.53169.5258.01538.74
Total Expenses850.851,871.31327.554,919.71
Profit before taxes609.091,349.02353.343,267.46
Total tax expenses151.87339.8095.46834.43
Profit after tax457.221,009.22257.882,433.03

The consolidated results reported Net Profit attributable to the Owner's of the parent at 454.62 in millions for Q ended June 30, 2026.

Standalone Financial Performance Summary​

In addition to the Consolidated view, Sri Lotus Developers and Realty Limited provided Unaudited Standalone Financial Results for the quarter ending June 30, 2026. These results have also been reviewed by the company's Auditors.

The financial data for the standalone entity is as follows (all figures in millions):

ParticularsJune 30, 2025 (Unaudited)March 31, 2026 (Audited)June 30, 2026 (Unaudited)March 31, 2025 (Audited)
INCOME
Revenue from operations100.00375.00366.501,427.60
Other income109.5622.3754.18411.86
Total Income209.55397.37420.581,839.46
EXPENSES
Cost of construction and development744.14349.05296.531,688.41
Changes in inventories(744.14)(314.57)(254.98)(1,510.34)
Employee benefits expenses53.6232.725.60121.57
Finance costs0.100.140.260.79
Depreciation and amortisation expenses3.464.233.8916.10
Other expenses65.2049.3339.88177.7
Total Expenses722.38120.35111.184,942.4
Profit before taxes87.18375.02309.503,351.22
Total tax expenses21.0397.4582.30346.37
Profit after tax56.15277.57227.203,004.85

The standalone entity recorded an Earnings Per Share (EPS) of 2.14 for the year ended March 31, 2025.

Key Corporate Details and Initiatives​

The financial reports note that Sri Lotus Developers has one operating segment: "Real Estate Development." Additionally, the company introduced the Sri Lotus Developers Employee Stock Option Scheme 2024 (ESOP Scheme - 2024/Scheme), which grants 48,92,722 stock options to eligible employees of the Company and its subsidiaries. These options carry an exercise price of Rs. 75 per share.

LOTUSDEV Stock Price Movement​

Shares of Sri Lotus Developers are edging higher to ₹201.53 as of 11:55 AM today, climbing 0.7% in live trading. The stock maintains strong momentum, with over 6.7 million shares traded so far during the market session.
 

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