Radhe Developers reports net loss of ₹119.87 lakh in Q1FY26

1 min read     Updated on 20 Jul 2026, 04:16 PM
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Radhe Developers (India) Limited reported a net loss of ₹119.87 lakh for Q1FY26, a reversal from the net profit of ₹387.79 lakh in Q1FY25, driven by a collapse in revenue from operations to ₹0.00 lakh. Total income fell to ₹1.73 lakh, while total expenses decreased to ₹120.44 lakh. The Board approved the unaudited results on July 17, 2026, with the statutory auditor flagging a lack of gratuity provision under Ind AS 19.

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Radhe Developers (India) Limited reported a net loss of ₹119.87 lakh for the quarter ended June 30, 2026, a sharp decline from the net profit of ₹387.79 lakh recorded in the same period last year. The company's revenue from operations fell to ₹0.00 lakh in Q1FY26, down from ₹614.83 lakh in Q1FY25. Total income for the quarter stood at ₹1.73 lakh, significantly lower than the ₹615.13 lakh reported in the previous year's corresponding quarter.

The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report from the Statutory Auditor. The meeting was held on July 17, 2026. The financial results were reviewed by the Audit Committee and subsequently approved by the Board. The company operates solely in the Construction business segment, as identified by the management in line with Ind AS 108.

Total expenses for Q1FY26 were reported at ₹120.44 lakh, a decrease from ₹179.37 lakh in the same quarter of the previous year. Key expense components included finance costs of ₹19.24 lakh and employee benefit expenses of ₹27.09 lakh. The company reported a loss before tax of ₹118.70 lakh for the quarter. The paid-up equity share capital increased to ₹5488.82 lakh as of June 30, 2026, from ₹5237.42 lakh in the previous year.

Financial Performance Summary

Metric Q1FY26 (₹ in lakhs) Q1FY25 (₹ in lakhs)
Revenue from Operations 0.00 614.83
Total Income 1.73 615.13
Total Expenses 120.44 179.37
Net Profit/(Loss) (119.87) 387.79
Earnings Per Share (Basic) (0.02) 0.07

The statutory auditor, S Parth & Co, issued a Limited Review Report noting that no provision was made for gratuity in the quarterly results. The auditor stated that this omission is not in accordance with accounting prescribed under Ind AS 19. The financial results were prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Radhe Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.68%-1.34%-12.50%-21.39%-48.42%+145.00%

What specific factors led to the complete halt in revenue from operations during Q1FY26?

How does the company plan to address the statutory auditor's concern regarding the non-provision for gratuity under Ind AS 19?

With the paid-up equity share capital increasing despite zero operational revenue, what is the intended use of these funds?

Radhe Developers FY26 net profit rises to ₹324.42 lakh

1 min read     Updated on 27 May 2026, 02:38 PM
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Suketu GScanX News Team
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Radhe Developers (India) Limited reported a net profit of ₹324.42 lakh for the fiscal year ended March 31, 2026, a significant increase from the previous year's ₹142.36 lakh. Revenue from operations rose to ₹1,110.84 lakh from ₹765.81 lakh in the prior year. The company achieved a turnaround in Q4FY26 with a net profit of ₹10.58 lakh, compared to a loss of ₹152.57 lakh in the preceding quarter.

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Radhe Developers (India) Limited has reported its audited financial results for the fiscal year ended March 31, 2026. The company recorded a net profit of ₹324.42 lakh for the full year, a significant increase from the ₹142.36 lakh reported in the previous year. Revenue from operations for FY26 stood at ₹1,110.84 lakh, compared to ₹765.81 lakh in the prior year. The statutory auditors issued an unmodified opinion on the annual audited financial results.

Financial Performance Overview

The fourth quarter of FY26 saw the company report a net profit of ₹10.58 lakh, a turnaround from the loss of ₹152.57 lakh recorded in the preceding quarter ended December 31, 2025. Revenue from operations for the quarter ended March 31, 2026, was ₹238.95 lakh. Total income for the quarter reached ₹249.17 lakh. The company's operations fall under the Construction business, which is considered the only reportable segment by the management.

Key Financial Metrics

The following table summarizes the standalone audited results for the quarter and year ended March 31, 2026:

Particulars Quarter Ended Mar 31, 2026 (₹ in lakhs) Year Ended Mar 31, 2026 (₹ in lakhs) Year Ended Mar 31, 2025 (₹ in lakhs)
Revenue from Operations 238.95 1,110.84 765.81
Total Income 249.17 1,124.36 768.59
Total Expenses 265.27 781.62 623.26
Net Profit for the Period 10.50 324.35 134.60
Total Comprehensive Income 10.58 324.42 142.36

Balance Sheet and Cash Flows

As of March 31, 2026, the company’s total assets were reported at ₹14,111.51 lakh, compared to ₹14,111.26 lakh in the previous year. Equity share capital increased to ₹5,276.68 lakh from ₹5,237.42 lakh. Reserves excluding revaluation reserves stood at ₹1,518.44 lakh.

The cash flow statement for the year indicates a net decrease in cash and cash equivalents of ₹2.71 lakh. Cash generated from operations was positive at ₹323.77 lakh. The company utilized funds for investing activities, primarily the purchase of fixed assets amounting to ₹412.76 lakh.

Historical Stock Returns for Radhe Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.68%-1.34%-12.50%-21.39%-48.42%+145.00%

What strategic initiatives will Radhe Developers implement to sustain the significant year-over-year profit growth into FY27?

How will the substantial investment in fixed assets during FY26 impact the company's revenue generation capabilities in the coming year?

Given the net decrease in cash equivalents, does the company plan to raise capital or leverage debt to fund future expansion?

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1 Year Returns:-48.42%