Radhe Developers (India) Limited , a prominent player in the construction sector, has unveiled its financial results for the second quarter and first half of the fiscal year 2026, showcasing significant growth and improved profitability.

Financial Highlights

The company's performance for Q2 and H1 FY2026 ended September 30, 2025, demonstrates substantial year-over-year improvements:

Key Performance Indicators

Revenue Growth

The company's revenue from operations in Q2 FY2026 increased by 31.41% to ₹327.00 lakhs, up from ₹248.83 lakhs in the same quarter of the previous year. For H1 FY2026, revenue surged by 148.89% to ₹863.66 lakhs.

Profitability

Net profit for Q2 FY2026 rose by 88.98% to ₹148.58 lakhs, compared to ₹78.62 lakhs in Q2 FY2025. The half-yearly net profit showed a remarkable increase of 897.88%, reaching ₹466.41 lakhs.

Earnings Per Share

The basic and diluted EPS for H1 FY2026 improved to ₹0.09, up from ₹0.01 in the corresponding period of the previous year.

Balance Sheet Highlights

As of September 30, 2025:

• Total Assets: ₹14,117.88 lakhs
• Equity Share Capital: ₹5,237.42 lakhs
• Other Equity: ₹1,282.20 lakhs

Management Commentary

The Board of Directors, in their meeting held on October 16, 2025, reviewed and approved these unaudited financial results. The company operates primarily in the construction business segment, which is considered the only reportable segment by management.

Outlook

Radhe Developers has shown strong growth in revenue and profitability. However, it's important to note that these results are unaudited and subject to limited review. The construction sector's performance often reflects broader economic trends, and the company's growth may indicate positive momentum in the real estate and infrastructure segments.

Investors and stakeholders should consider these results in the context of broader market conditions and future growth prospects in the construction industry.

Note: All financial figures are in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.

Radhe Developers (India) Limited has announced significant changes to its board committees following the resignation of Independent Director Dineshsingh U. Kshatriya. The company has taken swift action to maintain the integrity of its corporate governance structure by reconstituting both its Audit Committee and Nomination & Remuneration Committee.

Board Restructuring

In response to Kshatriya's departure, the Board of Directors has approved the induction of Rahul Mehra as an Independent Director. Mehra will step into the roles previously held by Kshatriya on both the Audit Committee and the Nomination & Remuneration Committee.

Audit Committee Composition

The reconstituted Audit Committee now comprises:

Nomination & Remuneration Committee

The Nomination & Remuneration Committee has been restructured with the following members:

This reorganization ensures that Radhe Developers maintains the required balance of executive and non-executive directors on its key committees, as mandated by corporate governance norms.

The swift action taken by Radhe Developers to fill the vacancy left by Kshatriya's resignation demonstrates the company's commitment to maintaining strong corporate governance practices. The inclusion of Rahul Mehra as an Independent Director is expected to bring fresh perspectives to the board committees.