HB Estate Developers
81.11
-2.71(-3.23%)
Market Cap₹186.30 Cr
PE Ratio18.15
IndustryRealty
Company Performance:
1D-3.23%
1M-8.88%
6M-9.88%
1Y-25.35%
5Y+960.26%
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Latest news about HB Estate Developers
HB Estate Developers Reports 58% Drop in Q1 Profit Amid Revenue Decline Aug 02, 2025
HB Estate Developers Limited, a hospitality sector company, reported a 58% year-over-year decline in net profit for Q1, falling to Rs 38.18 lakhs from Rs 90.75 lakhs. Revenue from operations decreased by 7.33% to Rs 2,376.34 lakhs. The company saw increased employee benefit expenses but reduced finance costs. Recently, HB Estate Developers allotted 750,000 equity shares at Rs 65.25 per share to non-promoter category holders as part of a larger convertible warrants issuance.