Emami Realty Reports ₹65.58 Crore Net Loss in Q2, Makes Significant Impairment Provision

Emami Realty Limited , a prominent player in the real estate development sector, has announced its financial results for the second quarter and half-year ended September 30. The company reported a standalone net loss of ₹65.58 crores for Q2, compared to a loss of ₹13.21 crores in the same period last year.

Financial Performance

For the half-year period, Emami Realty's standalone net loss widened to ₹66.37 crores, up from ₹27.21 crores in the previous year. On a consolidated basis, the quarterly net loss increased to ₹35.54 crores from ₹13.27 crores last year, while the half-year consolidated loss stood at ₹63.45 crores against ₹27.09 crores previously.

The company's financial results reveal a challenging period:

Particulars (in ₹ crores)	Q2 (Standalone)	Q2 (Standalone) Previous Year	H1 (Standalone)	H1 (Standalone) Previous Year
Revenue from Operations	9.17	5.06	15.02	9.51
Other Income	8.22	13.66	16.53	26.63
Total Revenue	17.39	18.72	31.55	36.14
Net Loss	(65.58)	(13.21)	(66.37)	(27.21)

Significant Impairment Provision

A notable aspect of the financial results is the significant impairment provision made by Emami Realty. During the half-year period, the company provided ₹55.88 crores as an impairment loss for loans given, based on an assessment of their realizable value. This provision has been included under Other Expenses in the financial results.

Operational Highlights

The company's revenue from operations showed improvement, increasing to ₹9.17 crores in Q2 from ₹5.06 crores in the same quarter last year. For the half-year, revenue from operations rose to ₹15.02 crores from ₹9.51 crores in the previous year.

Capital Raise and Equity Structure

On April 16, Emami Realty allotted 59,90,000 equity shares and 82,00,000 warrants convertible into fully paid-up equity shares to promoter group entities. This allotment was made on a preferential basis at ₹128.50 per share, with payment through conversion of unsecured loans. Following this allotment, the company's issued, subscribed, and paid-up equity share capital stands at ₹876.68 lakhs, divided into 4,38,33,889 equity shares of ₹2 each.

Management Commentary

Dr. Nitesh Kumar Gupta, CEO of Emami Realty Limited, stated, "While our operational revenue has shown improvement, the significant impairment provision has impacted our bottom line. We are actively working on strategies to strengthen our financial position and improve performance in the coming quarters."

The company continues to operate in a single business segment of Real Estate Development, focusing on enhancing its project portfolio and market presence.

Emami Realty's management remains committed to navigating the current challenges in the real estate sector and aims to leverage its strong brand presence to drive future growth.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.18%	-1.61%	-7.21%	-16.41%	+2.92%	+109.18%

Emami Realty Limited , a prominent player in the Indian real estate sector, has announced the appointment of two senior management personnel, effective November 6, 2025. This strategic move aims to strengthen the company's project execution and sales capabilities.

New Appointments

Position	Appointee	Qualifications	Experience
Head of Projects	Jawahar Shaikh	B.E. (Civil), MBA in Project Management and Construction Management	29 years
National Head - Sales & Marketing	Tarun Kanti Mukherjee	MBA in Marketing & Finance	Over 25 years

Jawahar Shaikh: Bringing Global Expertise to Project Management

Jawahar Shaikh, the newly appointed Head of Projects, brings a wealth of experience to Emami Realty. With 29 years in the industry, including 13 years in the Middle East, Shaikh has demonstrated expertise in end-to-end project lifecycle management.

Key highlights of Shaikh's profile include:

Directed projects exceeding USD 6 billion across diverse sectors
Member of the Royal Institution of Chartered Surveyors (MRICS)
Certified in ISO 9001:2000 (Bureau Veritas - BVQI Standards)
Experience with globally reputed organizations such as Kalpataru, Mace Group, and Hill International

Tarun Kanti Mukherjee: Driving Sales and Marketing Strategies

Tarun Kanti Mukherjee, appointed as the National Head - Sales & Marketing, brings over 25 years of experience in the real estate sector. His expertise lies in driving growth, transformation, and value creation across multi-billion dollar residential, commercial, township, and mixed-use developments across India.

Mukherjee's career highlights include:

Senior management roles in reputed organizations like Hiranandani Communities, CapitaLand (India) Limited, and Adani Realty
Proven track record in scaling complex organizations and accelerating sales
Expertise in enhancing brand equity and forming strategic global alliances

Strategic Implications

These appointments come at a crucial time for Emami Realty. The company is set to hold a board meeting on November 13, 2025, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the second quarter and half-year ended September 30, 2025. The addition of experienced professionals like Shaikh and Mukherjee may signal the company's intent to strengthen its market position and operational efficiency in the coming quarters.

The real estate sector in India has been witnessing significant changes, and these strategic appointments may help Emami Realty navigate the evolving market landscape more effectively. Shareholders and market watchers will likely keep a close eye on how these new leaders impact the company's performance in the coming months.