Realty company Valor Estate announced Q2FY26 results Revenue: Rs 136.85 crore against Rs 3.48 crore during Q2FY25. EBITDA: Rs 45.10 crore against Rs -166.77 crore during Q2FY25. PAT: Rs 14.39 crore against Rs -160.31 crore during Q2FY25. EPS: Rs 0.19 crore against Rs -2.12crore during Q2FY25. Vinod Goenka, Chairman & Managing Director said: "As we enter the next phase of growth, our focus remains on disciplined execution, strengthening our balance sheet, and enhancing long-term shareholder value. We are committed to sustainable expansion, supported by our customers, partners, and employees who continue to drive our progress. This quarter marked meaningful strategic progress across our portfolio. We successfully completed the demerger and listing of our Hospitality business, an important milestone that enables each platform to pursue its independent growth path. In addition, site preparedness for The Prestige Place, Worli has been completed, and construction is expected to commence shortly. We also received casting yard approval from BMC for our Mira Road site, which will support smoother construction mobilisation. Combined with the monetisation of recent non-core assets, these developments reflect our commitment to strategic clarity, operational readiness, and sustainable expansion. With our financial position steadily improving and operational fundamentals intact, we are confident of delivering consistent performance in the years ahead." Shahid Balwa, Vice Chairman and Managing Director, said: "Our recent actions towards improving balance-sheet strength have yielded meaningful results. The rationalisation of our project portfolio, combined with selective monetisation initiatives, including the divestment of non-core assets, has enabled us to reduce debt levels, bringing us closer to our medium-term objective of a leaner and more efficient capital structure. The successful demerger of our hospitality business and recognition of revenues from the X BKC project further support our strengthened financial flexibility. Proceeds from ongoing and upcoming project deliveries, across both premium and mid-income developments, are expected to contribute meaningfully to debt reduction over the coming quarter. With strong land bank visibility and a more streamlined operating framework, we are now preparing for the next phase of growth, including evaluating opportunities for sustainable, annuity-oriented assets. Overall, we remain focused on building a resilient, future-ready platform capable of delivering stable cash flows and long-term value creation for all stakeholders." Result PDF