HB Estate Developers Reports 19% Revenue Decline in Q2 FY2026, Posts Net Profit of Rs 127 Lakhs
HB Estate Developers Limited announced its quarterly results for the second quarter and half-year ended September 30, 2025. The company reported revenue from operations of Rs 2,673.33 lakhs for Q2, compared to Rs 2,741 lakhs in the same quarter last year, representing a decline of approximately 2.5%. For the half-year period, revenue stood at Rs 5,049.67 lakhs versus Rs 5,305.47 lakhs in the previous year. The company posted a net profit of Rs 127.02 lakhs for Q2 and Rs 165.20 lakhs for the half-year. During the quarter, the company allotted 750,000 equity shares on July 15, 2025, following the exercise of convertible warrants, increasing the paid-up capital to Rs 22,20,99,470. After the quarter ended, another 750,000 shares were allotted on October 14, 2025, further increasing capital to Rs 22,95,99,470. The company operates primarily in the hospitality business segment. The Board of Directors approved these unaudited financial results on November 13, 2025.