Realty company Arkade Developers announced Q1FY27 results Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 14,866.63 lakh, representing a decrease of 10.20% YoY from Rs 16,554.72 lakh in Q1FY26 and a decrease of 25.88% QoQ from Rs 20,058.99 lakh in Q4FY26. Revenue from Operations: The company reported standalone revenue from operations of Rs 14,697.04 lakh for Q1FY27, showing a decline of 7.82% YoY compared to Rs 15,944.58 lakh in Q1FY26 and a decline of 26.01% QoQ from Rs 19,862.64 lakh in Q4FY26. Net Profit: Standalone net profit for Q1FY27 stood at Rs 1,921.35 lakh, a decrease of 33.18% YoY from Rs 2,875.53 lakh in Q1FY26. The company turned profitable on a QoQ basis compared to a net loss of Rs 10,834.81 lakh in Q4FY26. Total Comprehensive Income: Total standalone comprehensive income for the period was Rs 1,919.10 lakh in Q1FY27, compared to Rs 2,873.15 lakh in Q1FY26 and a comprehensive loss of Rs 10,828.19 lakh in Q4FY26. Consolidated Financial Highlights: Total Income: Consolidated total income for Q1FY27 reached Rs 14,867.62 lakh, marking a decline of 10.02% YoY from Rs 16,522.68 lakh in Q1FY26 and a decrease of 25.31% QoQ from Rs 19,906.42 lakh in Q4FY26. Revenue from Operations: Consolidated revenue for Q1FY27 was Rs 14,697.04 lakh, down 7.82% YoY from Rs 15,944.58 lakh in Q1FY26 and down 25.23% QoQ from Rs 19,657.57 lakh in Q4FY26. Net Profit: Consolidated net profit attributable to the owners of the company for Q1FY27 was Rs 1,907.87 lakh, a decrease of 33.65% YoY from Rs 2,875.53 lakh in Q1FY26. The company returned to profit QoQ from a consolidated loss of Rs 10,945.06 lakh in Q4FY26. Total Comprehensive Income: Consolidated total comprehensive income for the period stood at Rs 1,905.58 lakh in Q1FY27, compared to Rs 2,873.16 lakh in Q1FY26 and a comprehensive loss of Rs 10,949.99 lakh in Q4FY26. Business Highlights: Stock Split: The Board of Directors has approved a sub-division/split of the existing 1 equity share having a face value of Rs 10 each into 5 equity shares having a face value of Rs 2 each, subject to shareholder approval. The rationale is to encourage participation of small investors by making shares more affordable and enhancing liquidity. Authorized Share Capital: Following the proposed stock split, the authorized share capital will be Rs 47,25,00,000 divided into 23,62,50,000 equity shares of Rs 2 each. Exceptional Item (Historical): During FY26, the company recognized an impairment loss of Rs 18,217.09 lakh as an exceptional item. This was related to the diminution in value of investment in Filmistan Private Limited (FPL) following the demerger of its rental business and tenancy rights to Arkade Developers Limited. Amit Jain, Chairman and Managing Director, said: “The Company delivered a steady performance during Q1 FY27 and remains well positioned to achieve accelerated growth in the coming quarters, supported by sustained project performance and new project launches. The Company’s project pipeline comprises an estimated GDV of Rs 12,800 crore across approximately 4.25 million sq. ft. of saleable carpet area, providing strong visibility for future growth. Complementing this robust residential pipeline is the Company’s commercial vertical, which provides an additional avenue for sustained business growth and diversification, while leading to a consistent stream of annuity income. This pipeline, coupled with disciplined execution, continued focus on operational efficiency, and investments in capability building, is expected to support the Company’s growth trajectory. The Company continued to strengthen its project pipeline and deepen its presence across strategic micro-markets in Mumbai, while maintaining a prudent approach to financial management. With a robust project pipeline, healthy balance sheet, and continued emphasis on timely execution, the Company remains well positioned to deliver sustainable, long-term growth and create value for its stakeholders." Result PDF