Veegaland Developers Q1 FY27: revenue Rs 7,432.18 lakh, PAT Rs 972.32 lakh

What the numbers show

• Net margin was 13.08% of revenue, up 534 bps from 7.74%.
• Revenue rose 79.1% while total expenses rose 66.1%.

• Revenue from operations (quarter ended 30-Jun-26, standalone): Rs 7,432.18 lakh, vs Rs 4,150.16 lakh in the quarter ended 30-Jun-25, as per the statement of unaudited financial results.

• Other income: Rs 129.76 lakh, vs Rs 50.16 lakh a year earlier.

• Total income: Rs 7,561.94 lakh, vs Rs 4,200.32 lakh in the corresponding quarter of the previous year.

• Operating cost: Rs 4,768.87 lakh, vs Rs 2,410.26 lakh in the quarter ended 30-Jun-25.

• Changes in inventories: Rs 563.84 lakh, vs Rs 523.29 lakh a year earlier.

• Employee benefits expense: Rs 221.88 lakh, vs Rs 211.48 lakh in the corresponding quarter of the previous year.

• Finance costs: Rs 110.17 lakh, vs Rs 166.90 lakh a year earlier.

• Depreciation and amortisation expense: Rs 22.16 lakh, vs Rs 13.80 lakh a year earlier.

• Other expenses: Rs 576.12 lakh, vs Rs 445.32 lakh in the quarter ended 30-Jun-25.

• Total expenses: Rs 6,263.04 lakh, vs Rs 3,771.05 lakh in the corresponding quarter of the previous year.

• Profit before tax (PBT): Rs 1,298.90 lakh, vs Rs 429.27 lakh in the quarter ended 30-Jun-25.

• Total tax expense: Rs 326.58 lakh, vs Rs 107.95 lakh a year earlier.

• Profit for the period (PAT): Rs 972.32 lakh, vs Rs 321.32 lakh in the corresponding quarter of the previous year.

• Paid-up equity share capital: Rs 3,375.00 lakh, vs Rs 500.00 lakh a year earlier.

• Basic EPS (not annualised for quarter): Rs 2.88, vs Rs 1.29 in the quarter ended 30-Jun-25.

• Diluted EPS (not annualised for quarter): Rs 2.88, vs Rs 1.29 a year earlier.

According to the statement of unaudited financial results for the quarter ended 30 June 2026, Veegaland Developers’ revenue from operations increased to Rs 7,432.18 lakh from Rs 4,150.16 lakh in the corresponding quarter of the previous year, with total income rising to Rs 7,561.94 lakh from Rs 4,200.32 lakh. Operating cost and other expense lines also moved up, with operating cost at Rs 4,768.87 lakh versus Rs 2,410.26 lakh a year earlier, and other expenses at Rs 576.12 lakh versus Rs 445.32 lakh. Finance costs declined to Rs 110.17 lakh from Rs 166.90 lakh, while depreciation and amortisation expense rose to Rs 22.16 lakh from Rs 13.80 lakh.

Total expenses for the quarter stood at Rs 6,263.04 lakh compared with Rs 3,771.05 lakh in the same quarter last year. Profit before tax increased to Rs 1,298.90 lakh from Rs 429.27 lakh, and total tax expense rose to Rs 326.58 lakh from Rs 107.95 lakh. Profit for the period (PAT) was Rs 972.32 lakh, up from Rs 321.32 lakh in the corresponding quarter of the previous year. Basic and diluted EPS (not annualised for the quarter) were both reported at Rs 2.88, compared with Rs 1.29 a year earlier, with paid-up equity share capital at Rs 3,375.00 lakh versus Rs 500.00 lakh in the prior-year quarter, as disclosed in the statement of financial results.