Realty company Elevate Campuses announced Q2FY27 results Standalone Financial Highlights: Revenue from operations: For Q1FY27, standalone revenue from operations stood at Rs 307.98 million. This represents a QoQ growth of 0.92% compared to Rs 305.16 million in Q4FY26, and a YoY decrease of 5.73% compared to Rs 326.69 million in Q1FY26. Total income: Standalone total income for Q1FY27 recorded Rs 506.52 million, delivering a QoQ rise of 3.34% over Rs 490.17 million in Q4FY26 and a YoY expansion of 15.46% against Rs 438.68 million in Q1FY26. Profit Before Tax (PBT): For Q1FY27, standalone PBT posted at Rs 56.36 million, registering a QoQ drop of 26.45% from Rs 76.63 million in Q4FY26 and a YoY reduction of 95.45% relative to Rs 1,238.16 million in Q1FY26 (which was significantly boosted by an exceptional gain of Rs 1,094.42 million). Profit After Tax (PAT): Standalone PAT recorded Rs 33.36 million in Q1FY27, down 30.54% QoQ against Rs 48.03 million in Q4FY26 and lower YoY by 96.50% from Rs 953.16 million in Q1FY26. Earning Per Share (EPS): Standalone basic EPS reached Rs 0.38 for Q1FY27, declining 29.63% QoQ against Rs 0.54 in Q4FY26 and reducing 96.48% YoY against Rs 10.78 in Q1FY26. Standalone diluted EPS stood at Rs 0.31 for Q1FY27, dropping 31.11% QoQ relative to Rs 0.45 in Q4FY26 and dropping 97.12% YoY relative to Rs 10.78 in Q1FY26. Consolidated Financial Highlights: Revenue from operations: Consolidated revenue from operations reached Rs 2,191.35 million in Q1FY27. This signifies a QoQ increase of 0.48% compared to Rs 2,180.92 million in Q4FY26 and a YoY expansion of 31.31% against Rs 1,668.88 million in Q1FY26. Total income: For Q1FY27, consolidated total income posted at Rs 2,280.55 million, advancing 0.79% QoQ from Rs 2,262.63 million in Q4FY26 and growing 29.51% YoY over Rs 1,760.88 million in Q1FY26. Profit Before Tax (PBT): Consolidated PBT was Rs 424.23 million for Q1FY27, indicating a QoQ shrinkage of 18.41% from Rs 519.98 million in Q4FY26 and a YoY drop of 72.38% against Rs 1,535.84 million in Q1FY26 (impacted by an exceptional impairment loss of Rs 69.27 million in the current quarter). Profit After Tax (PAT): Consolidated PAT stood at Rs 340.58 million in Q1FY27, down 36.47% QoQ relative to Rs 536.13 million in Q4FY26 and down 71.32% YoY relative to Rs 1,187.44 million in Q1FY26. Earning Per Share (EPS): Consolidated basic EPS recorded Rs 3.85 in Q1FY27, declining 36.47% QoQ from Rs 6.06 in Q4FY26 and sliding 71.33% YoY from Rs 13.43 in Q1FY26. Consolidated diluted EPS registered at Rs 3.18 in Q1FY27, lower by 36.78% QoQ compared to Rs 5.03 in Q4FY26 and lower by 76.32% YoY compared to Rs 13.43 in Q1FY26. Business Highlights: Primary Segment Classification: The operating segments have been identified as the 'Student Accommodation' segment, which owns, operates, and manages student accommodation for Higher Education Institutions, and the 'K12 Schools' segment, which leases school properties (land and buildings) to school operators. Segment-wise Performance: Student Accommodation (in India): Segment revenue for Q1FY27 recorded Rs 1,147.05 million and segment results stood at Rs 413.62 million. K-12 Schools (in India): Segment revenue for Q1FY27 recorded Rs 467.70 million and segment results stood at Rs 359.63 million. K-12 Schools (outside India): Segment revenue for Q1FY27 recorded Rs 576.60 million and segment results stood at Rs 461.18 million. Acquisition Developments: Subsequent to the quarter ended June 30, 2026, the Holding Company completed the acquisition of 14 K-12 entities for a cash consideration of Rs 11,156.80 million, primarily funded out of its Initial Public Offering (IPO) proceeds. Impairment Impact: Exceptional items for Q1FY27 include an impairment loss of Rs 69.27 million on intangible assets and goodwill pursuant to the termination of customer contracts. Result PDF