Ravinder Heights Limited (RHL) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing a significant revenue surge driven by a collaboration agreement.

Financial Highlights

RHL reported consolidated revenue from operations of Rs 5,501.01 crore for Q2 FY26, a substantial increase from the previous quarter. The company's total income for the quarter stood at Rs 5,630.70 crore. This remarkable growth was primarily attributed to a Rs 5,500 crore recognition from a collaboration agreement.

Collaboration Agreement Details

The revenue boost came from an additional non-refundable security deposit of Rs 3,000 crore paid by Bestech India Pvt. Ltd. to Radhika Heights Limited (a wholly-owned subsidiary of RHL) and its subsidiaries. This deposit was in addition to the original Rs 2,500 crore deposit made in December 2019.

Profitability

RHL demonstrated strong profitability, reporting a consolidated profit after tax of Rs 3,987.31 crore for Q2 FY26. This represents a significant turnaround from the previous quarter's loss.

Key Financial Metrics

Board Appointment

In a significant corporate development, RHL's Board of Directors has appointed Mr. Chander Mohan Mehra as an Additional Director in the category of Non-Executive Independent Director. Mr. Mehra's appointment is for a five-year term, subject to shareholder approval through postal ballot.

About Chander Mohan Mehra

Mr. Mehra, aged 75, brings a wealth of experience from his distinguished career in government service. He has held key positions including:

• Chief Commissioner of Customs & Indirect Taxes
• Head of the Western Region of the Enforcement Directorate (ED)
• Executive Director at the Securities and Exchange Board of India (SEBI)

His extensive background in regulatory and financial oversight is expected to add significant value to RHL's board.

Conclusion

Ravinder Heights Limited's Q2 FY26 results demonstrate a remarkable financial performance, primarily driven by the collaboration agreement with Bestech India Pvt. Ltd. The appointment of Mr. Chander Mohan Mehra to the board further strengthens the company's governance structure. The significant increase in revenue and profitability indicates a positive outlook for the company in the real estate sector.

Ravinder Heights Limited (RHL) has announced a significant development in its real estate portfolio. The company's wholly-owned subsidiary, Radhika Heights Limited, along with its other subsidiaries and in collaboration with Bestech Group, has obtained RERA (Real Estate Regulatory Authority) licenses for two affordable housing projects in Gurugram, Haryana.

Project Details

The two projects, both located in Sector 89A of Gurugram, are being developed under the Deen Dayal Jan Awas Yojana (DDJAY) scheme, which aims to promote affordable housing. Here are the key details of the projects:

Both projects are described as affordable residential plotted colonies, indicating a focus on providing accessible housing options in the rapidly developing Gurugram region.

Significance of RERA Licensing

The acquisition of RERA licenses for these projects is a crucial step in the development process. RERA certification ensures that the projects comply with regulatory standards, providing potential homebuyers with increased confidence and protection. This move aligns with the government's push for regulated and transparent real estate development, particularly in the affordable housing segment.

Company Background

Ravinder Heights Limited is expanding its presence in the real estate sector through these strategic collaborations. The partnership with Bestech Group, an established name in Indian real estate, suggests a combined effort to leverage expertise and resources in delivering these affordable housing projects.

The company had previously disclosed the approval of licenses for these projects by the Haryana Government's Town and Country Planning department in April and October 2021. The recent RERA certifications mark the next significant milestone in bringing these projects to fruition.

As the real estate market in India continues to evolve, with a growing emphasis on affordable housing, developments like these by Ravinder Heights and its partners could play a crucial role in addressing housing demands in urban areas like Gurugram.

Investors and potential homebuyers will likely keep a close watch on the progress of these projects, as they represent a significant addition to the affordable housing inventory in one of India's fastest-growing real estate markets.