Suraj Estate Developers Limited announced its consolidated financial results for Q3FY26, showing mixed performance with revenue growth offset by declining profitability. The real estate developer reported results for the quarter and nine months ended December 31, 2025, which were approved by the Board of Directors on January 28, 2026.

Q3FY26 Financial Performance

The company's consolidated financial performance for Q3FY26 demonstrated revenue growth alongside margin pressures. Key metrics reflected the challenging operating environment in the real estate sector.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Suraj Estate Developers maintained robust operational performance despite market headwinds. The company's consolidated results showed steady revenue growth with controlled expense management.

Expense Structure and Operational Metrics

The company's expense profile for Q3FY26 reflected increased operational costs, impacting overall margins. Operating and project expenses rose significantly to ₹1,072.73 crores from ₹2,167.19 crores in Q3FY24, while finance costs remained relatively stable at ₹195.72 crores compared to ₹204.85 crores in the previous year.

Employee benefits expenses increased to ₹59.47 crores from ₹57.31 crores year-on-year. The company reported changes in inventories of construction work in progress of ₹46.28 crores compared to negative ₹1,060.98 crores in Q3FY24, indicating different project completion phases.

Standalone Financial Performance

On a standalone basis, Suraj Estate Developers reported revenue from operations of ₹870.36 crores for Q3FY26, compared to ₹1,472.58 crores in Q3FY24. Standalone net profit was ₹87.17 crores versus ₹281.26 crores in the corresponding quarter last year. The standalone basic earnings per share stood at ₹1.82 compared to ₹4.69 in Q3FY24.

Corporate Structure and Compliance

The consolidated results include performance from multiple subsidiaries and partnership firms. The group structure comprises Skyline Realty Private Limited, Accord Estates Private Limited, Iconic Property Developers Private Limited, Uditi Premises Private Limited, and partnership firms including New Siddhartha Enterprises, S R Enterprises, and Mulani & Bhagat Associates.

The company operates exclusively in real estate and allied activities, constituting a single operating segment under Indian Accounting Standards. The results were prepared in accordance with Ind AS 34 and reviewed by statutory auditors SKLR & Co LLP. The paid-up equity share capital remained unchanged at ₹231.37 crores with a face value of ₹5 per share.

Source:

Suraj Estate Developers Limited has announced that its Board of Directors will convene on January 28, 2026, to review and approve the company's quarterly financial performance. The meeting has been scheduled in compliance with Regulation 29 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Details

The upcoming board meeting will focus on considering and approving crucial financial documents for the company's performance assessment. The directors will review comprehensive financial data covering both quarterly and nine-month periods.

Trading Window Restrictions

The company has implemented mandatory trading restrictions to ensure compliance with insider trading regulations. These measures protect market integrity during the sensitive period leading up to financial results disclosure.

Regulatory Compliance

The announcement demonstrates the company's adherence to established regulatory frameworks governing listed entities. Suraj Estate Developers has notified both major stock exchanges about the scheduled board meeting, ensuring transparency in corporate governance.

Company Secretary and Compliance Officer Mukesh Gupta has signed the official communication, confirming the company's commitment to regulatory compliance. The intimation has been simultaneously uploaded on the company's official website at www.surajestate.com for public access.

Market Information

The company trades on both major Indian stock exchanges under specific identifiers that facilitate investor tracking and trading activities. This dual listing provides enhanced liquidity and accessibility for market participants interested in the real estate development sector.