HB Estate Developers Limited has reported strong financial performance for the third quarter ended December 31, 2025, with net profit surging 35.1% year-on-year to ₹650.49 lakhs. The hospitality-focused company demonstrated resilient growth despite market challenges, with revenue from operations increasing 6.5% to ₹3,345.68 lakhs compared to ₹3,141.36 lakhs in the corresponding quarter of the previous year.

Strong Quarterly Performance

The company's Q3 FY26 results showcase significant improvement across key financial metrics. Total income, including other income, reached ₹3,381.80 lakhs compared to ₹3,172.86 lakhs in Q3 FY25, representing a 6.6% growth.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, HB Estate Developers maintained its growth trajectory with net profit increasing 31.3% to ₹815.66 lakhs from ₹621.26 lakhs in the corresponding period last year. However, revenue from operations showed a marginal decline of 0.6% to ₹8,395.34 lakhs compared to ₹8,446.77 lakhs in the previous year.

Operational Efficiency Improvements

The company demonstrated improved operational efficiency with total expenses decreasing to ₹2,435.40 lakhs in Q3 FY26 from ₹2,599.55 lakhs in Q3 FY25. Notable reductions were observed in finance costs, which declined to ₹413.49 lakhs from ₹541.74 lakhs year-on-year, indicating better financial management.

Capital Structure Enhancement

During the quarter under review, HB Estate Developers completed the conversion of remaining convertible warrants. The company allotted 750,000 equity shares on October 14, 2025, following the exercise of Warrant B by the remaining holder. This increased the paid-up equity share capital to ₹2,323.37 lakhs from ₹1,973.37 lakhs in the corresponding quarter last year.

Regulatory Compliance and Outlook

The company's financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 13, 2026. The statutory auditors, N.C. Aggarwal & Co., conducted a limited review and expressed an unmodified opinion on the results. HB Estate Developers operates primarily in the hospitality business segment and continues to focus on this core area for future growth.

HB Estate Developers Limited has announced that its board of directors will convene on February 13, 2026, to consider and approve the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The announcement was made through a formal communication to BSE Limited on February 2, 2026, in compliance with regulatory requirements.

Board Meeting Details

The meeting has been scheduled in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will review both standalone and consolidated financial results for the specified period.

Trading Window Closure

In connection with the upcoming financial results announcement, HB Estate Developers Limited has implemented a trading window closure for designated persons and their immediate relatives. This restriction will remain in effect until February 15, 2026, which is 48 hours after the declaration of the unaudited financial results.

The company had previously communicated about this trading window closure in a letter dated December 24, 2025, ensuring compliance with insider trading regulations and maintaining market integrity during the results announcement period.

Regulatory Compliance

The formal intimation was signed by N V K Rao, Company Secretary and Compliance Officer, and submitted to the BSE Limited listing department. HB Estate Developers Limited trades on BSE under company code 532334, and the company maintains its registered office at Plot No. 31, Echelon Institutional Area, Sector-32, Gurugram, Haryana.