National Standard (India) Limited Reports Strong Q2 FY26 Results, Merger Plans Progress

1 min read Updated on 16 Oct 2025, 06:44 PM

Reviewed by

Radhika SahaniScanX News Team

Overview

National Standard (India) Limited announced Q2 FY26 results with revenue from operations soaring to ₹1,725.18 lakhs, up from ₹380.25 lakhs in Q2 FY25. Total income for H1 FY26 more than doubled to ₹2,777.74 lakhs. Despite revenue growth, Q2 profit slightly decreased to ₹425.66 lakhs. The company reported an EPS of ₹2.13 for Q2 and ₹2.62 for H1 FY26. The Board approved a merger scheme with Lodha Developers Limited, subject to approvals, with a modification approved on August 11, 2025.

*this image is generated using AI for illustrative purposes only.

National Standard (India) Limited , a real estate development company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing robust performance and strategic developments.

Financial Highlights

The company reported impressive financial results for Q2 FY26:

Particulars (₹ in lakhs)	Q2 FY26	Q2 FY25	H1 FY26	H1 FY25
Revenue from Operations	1,725.18	380.25	1,725.18	382.85
Other Income	618.85	436.78	1,052.56	897.79
Total Income	2,344.03	817.03	2,777.74	1,280.64
Profit Before Tax	583.12	641.08	731.81	1,020.39
Profit for the Period	425.66	480.44	524.34	744.70
EPS (Basic and Diluted)	2.13	2.40	2.62	3.72

Key Observations

Revenue Surge: The company witnessed a significant year-on-year increase in revenue from operations for Q2 FY26, rising to ₹1,725.18 lakhs from ₹380.25 lakhs in Q2 FY25.
Profit Performance: Despite the substantial revenue growth, the profit for Q2 FY26 slightly decreased to ₹425.66 lakhs compared to ₹480.44 lakhs in the same quarter last year.
Half-Yearly Performance: For H1 FY26, the total income more than doubled to ₹2,777.74 lakhs from ₹1,280.64 lakhs in H1 FY25.
Earnings Per Share: The company reported an EPS of ₹2.13 for Q2 FY26 and ₹2.62 for H1 FY26.

Operational Update

National Standard (India) Limited continues to focus on its core business of real estate development. The company's Board of Directors has disclosed that it operates in a single reportable segment, which is real estate development.

Strategic Developments

The company has made progress on its merger plans:

On July 30, 2024, the Board approved a scheme of merger by absorption with Lodha Developers Limited (formerly known as Macrotech Developers Limited), subject to necessary approvals.
A modification to the scheme was approved on August 11, 2025, although this modification reportedly has no bearing on the company's merger proposal.

Conclusion

National Standard (India) Limited's Q2 FY26 results demonstrate strong revenue growth in its real estate operations. The company's strategic moves, including the proposed merger with Lodha Developers Limited, suggest a focus on strengthening its market position. Investors and stakeholders may want to keep a close eye on the progress of the merger and its potential impact on the company's future performance.

Historical Stock Returns for National Standard