MPDL Limited Reports Significant Revenue Growth Amid Widening Losses in Q2 FY2026
MPDL Limited, a construction and development company, announced unaudited Q2 FY2026 results ending September 30, 2025. Net sales rose 291% to Rs 846.60 crore from Rs 216.37 crore year-over-year. However, net loss increased to Rs 166.83 crore from Rs 44.77 crore in the same quarter last year. The company's main project is the M-1 Tower in Faridabad, Haryana. Total assets stood at Rs 1,412.13 crore, with current assets at Rs 1,000.80 crore. The significant revenue growth is offset by widening losses, indicating potential challenges in cost management or heavy investment in growth initiatives.

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MPDL Limited , a construction and development company, has announced its unaudited financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company reported a substantial increase in revenue, accompanied by a widening of losses compared to the same period last year.
Revenue Surge
MPDL Limited witnessed a remarkable growth in net sales, which rose to Rs 846.60 crore for the quarter, up from Rs 216.37 crore in the corresponding quarter of the previous year. This represents a year-on-year increase of approximately 291%.
Financial Performance
Despite the significant revenue growth, the company's bottom line remained under pressure. MPDL Limited reported a net loss of Rs 166.83 crore for the quarter, compared to a loss of Rs 44.77 crore in the same quarter last year.
The financial results for the quarter and half-year ended September 30, 2025, are summarized in the table below:
| Particulars (Rs in crore) | Q2 FY2026 | Q2 FY2025 | H1 FY2026 | H1 FY2025 |
|---|---|---|---|---|
| Net Sales | 846.60 | 216.37 | 1,251.81 | 232.60 |
| Total Income | 874.59 | 240.71 | 1,306.22 | 280.98 |
| Net Loss | (166.83) | (44.77) | (270.62) | (68.79) |
| EPS (Rs) | (2.25) | (0.60) | (3.65) | (0.93) |
Operational Highlights
The company's primary focus remains on its project for the construction and development of a multistoried complex comprising retail shops and office space in Faridabad, Haryana, known as the M-1 Tower. MPDL Limited recognizes revenue based on the percentage of completion method, which may contribute to the fluctuations in reported revenue and profitability.
Balance Sheet Position
As of September 30, 2025, MPDL Limited's balance sheet showed:
- Total assets of Rs 1,412.13 crore
- Equity share capital remained unchanged at Rs 74.13 crore
- Current assets, including inventories and receivables, stood at Rs 1,000.80 crore
Looking Ahead
The significant increase in revenue suggests potential progress in the company's ongoing projects. However, the widening losses indicate that MPDL Limited may be facing challenges in managing costs or may be investing heavily in growth initiatives.
Investors and stakeholders will likely be watching closely to see how MPDL Limited addresses the growing losses while maintaining its revenue growth trajectory. The company's ability to complete its ongoing projects efficiently and manage its operational costs will be crucial factors in its path towards profitability.
As the construction and real estate sectors continue to evolve, MPDL Limited's performance in the coming quarters will be important to monitor, especially in light of broader economic conditions and the real estate market trends in India.
Note: All figures are based on the standalone unaudited financial results provided by MPDL Limited for the quarter ended September 30, 2025.
Historical Stock Returns for MPDL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -3.92% | -4.27% | +12.92% | -9.78% | +372.36% |



























