Stock Report

Sri Lotus Developers and Realty Reports Strong Q1 FY27 Results: Net Profit Up 77.3% YoY to ₹45.72 Crore; Revenue Rises 114.3%

Posted On : 2026-08-03 21:41:07( TIMEZONE : IST )

Real estate developer Sri Lotus Developers and Realty Limited (formerly AKP Holdings Limited / AKP Holdings Private Limited; CIN: L68200MH2015PLC262020) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered robust performance driven by accelerated construction execution and project recognition, reporting a 77.3% year-on-year (YoY) increase in consolidated net profit to ₹45.72 crore (₹457.22 million).

Consolidated Financial Performance Summary
(Figures in ₹ Crore, converted from ₹ Millions)

Revenue from Operations: Stood at ₹132.35 crore in Q1 FY27, posting a steep 114.3% YoY expansion compared to ₹61.32 crore in Q1 FY26, though lower by 57.0% QoQ relative to ₹307.50 crore in Q4 FY26 due to the timing of project completions.

Total Income: Reached ₹145.99 crore, including other income of ₹13.65 crore, compared to ₹68.09 crore in Q1 FY26 and ₹322.03 crore in Q4 FY26.

Profit Before Tax (PBT): Expanded to ₹60.91 crore in Q1 FY27, reflecting a 72.4% YoY increase over ₹35.33 crore in Q1 FY26.

Profit After Tax (PAT): Reached ₹45.72 crore (PAT margin of 31.3%), up 77.3% YoY from ₹25.79 crore in Q1 FY26. Sequentially, PAT adjusted from ₹100.92 crore in Q4 FY26.

Profit Attributable to Owners of Parent: Stood at ₹45.46 crore, up from ₹25.61 crore in Q1 FY26 and ₹95.58 crore in Q4 FY26. Non-controlling interest accounted for ₹0.26 crore.

Total Comprehensive Income: Came in at ₹45.70 crore for the quarter, compared to ₹25.81 crore in Q1 FY26.

Operating Expenditure Breakdown

Total consolidated expenses for Q1 FY27 stood at ₹85.09 crore, compared to ₹32.76 crore in Q1 FY26 and ₹187.13 crore in Q4 FY26:

Cost of Construction & Development: Stood at ₹133.49 crore, compared to ₹53.43 crore in Q1 FY26 and ₹286.59 crore in Q4 FY26.

Changes in Inventories: Recorded a credit of ₹(66.51) crore, reflecting ongoing accumulation of work-in-progress/finished inventory across projects, compared to a credit of ₹(31.53) crore in Q1 FY26 and ₹(121.37) crore in Q4 FY26.

Employee Benefits Expense: Stood at ₹6.18 crore, compared to ₹3.16 crore in Q1 FY26 and ₹4.06 crore in Q4 FY26.

Finance Costs: Remained minimal at ₹0.51 crore, compared to ₹0.49 crore in Q1 FY26 and ₹0.47 crore in Q4 FY26.

Depreciation & Amortization: Stood at ₹0.36 crore, compared to ₹0.40 crore in Q1 FY26.

Other Expenses: Totaled ₹11.05 crore, compared to ₹5.80 crore in Q1 FY26 and ₹16.95 crore in Q4 FY26.

Share Capital & Earnings Per Share

Paid-Up Equity Share Capital: Stood at ₹48.87 crore (₹488.72 million) with a face value of ₹1 per share.

Other Equity: Total other equity as of March 31, 2026, was recorded at ₹1,862.21 crore.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter reached ₹0.93 per share (not annualised), up from ₹0.59 in Q1 FY26.

Shares of Sri Lotus Developers and Realty Limited was last trading in BSE at Rs. 198.05 as compared to the previous close of Rs. 200.00. The total number of shares traded during the day was 477828 in over 4655 trades.

The stock hit an intraday high of Rs. 206.75 and intraday low of 196.60. The net turnover during the day was Rs. 96575938.00.