Citadel Realty and Developers Limited reported Q3FY26 net profit of ₹35.88 lakhs, up 5.07% from ₹34.15 lakhs in Q3FY25. Nine-month net profit surged 24.48% to ₹111.75 lakhs from ₹89.78 lakhs. Income from operations grew 10.47% to ₹98.65 lakhs in Q3FY26. The company operates in real estate business and completed equity warrant conversion of 6,95,000 shares.
Citadel Realty Reports 5.07% Growth in Q3FY26 Net Profit to ₹35.88 Lakhs
Citadel Realty and Developers Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating consistent growth in profitability and operational performance. The Mumbai-based real estate company's Board of Directors approved these results at their meeting held on February 13, 2026.
Financial Performance Highlights
The company's financial performance showed positive momentum across key metrics for the quarter ended December 31, 2025:
Metric Q3FY26 Q3FY25 Growth (%) Income from Operations ₹98.65 lakhs ₹89.30 lakhs +10.47% Net Profit ₹35.88 lakhs ₹34.15 lakhs +5.07% Basic EPS ₹0.43 ₹0.43 - Total Expenses ₹48.44 lakhs ₹44.64 lakhs +8.51%
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company demonstrated stronger growth momentum:
Parameter 9M FY26 9M FY25 Change (%) Total Income ₹297.05 lakhs ₹266.93 lakhs +11.29% Net Profit ₹111.75 lakhs ₹89.78 lakhs +24.48% Basic EPS ₹1.36 ₹1.15 +18.26% Finance Cost ₹118.06 lakhs ₹121.56 lakhs -2.88%
Expense Structure and Profitability
The company's expense management showed mixed results during Q3FY26. While total expenses increased to ₹48.44 lakhs from ₹44.64 lakhs in Q3FY25, the company maintained healthy profit margins. Finance costs remained the largest expense component at ₹39.98 lakhs compared to ₹38.72 lakhs in the previous year quarter.
Other significant expenses included:
Director's sitting fees: ₹1.20 lakhs (Q3FY26) vs ₹1.90 lakhs (Q3FY25)
Legal & professional fees: ₹0.43 lakhs vs ₹1.06 lakhs
Other expenses: ₹6.63 lakhs vs ₹1.99 lakhs
Consolidated Results
On a consolidated basis, the company reported net profit of ₹36.88 lakhs for Q3FY26 compared to ₹34.40 lakhs in Q3FY25. The consolidated results include the company's share of profit from its associate partnership firm Shree Swami Samarth Builders & Developers, which contributed ₹1.00 lakhs during the quarter.
Corporate Actions and Compliance
The company completed the conversion of equity warrants, allotting 6,95,000 equity shares on January 30, 2026. The paid-up equity share capital stands at ₹830.50 lakhs with a face value of ₹10 per share. The trading window for designated persons remained closed from January 1, 2026, to February 15, 2026, following regulatory requirements.
The unaudited financial results were reviewed by statutory auditors ATMS & CO LLP and approved by the Audit Committee before being taken on record by the Board of Directors.
Citadel Realty & Developers has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company, primarily engaged in the real estate business, has shown growth in its operational income and declared an interim dividend.
Financial Highlights
Quarterly Performance
For Q2 FY26, Citadel Realty reported income from operations of Rs 99.47 lakhs, marking an 11.4% increase from Rs 89.30 lakhs in the corresponding quarter of the previous year.
Half-Yearly Performance
For H1 FY26, the company's income from operations stood at Rs 198.40 lakhs, up 11.7% from Rs 177.63 lakhs in H1 FY25.
Profitability
The company's net profit for Q2 FY26 increased to Rs 37.40 lakhs, compared to Rs 24.63 lakhs in Q2 FY25.
Earnings Per Share (EPS)
Basic EPS for the quarter improved to Rs 0.45, up from Rs 0.31 in the same quarter last year.
Key Financial Metrics
Particulars (in Rs Lakhs) Q2 FY26 Q2 FY25 H1 FY26 H1 FY25 Income from Operations 99.47 89.30 198.40 177.63 Total Expenses 46.67 54.52 92.08 100.96 Profit Before Tax 52.80 34.78 106.32 76.67 Net Profit 37.40 24.63 77.00 56.51 Basic EPS (Rs) 0.45 0.31 0.93 0.72
Dividend Declaration
The Board of Directors has approved an interim dividend of 5% (Rs 0.50 per equity share of face value Rs 10 each), amounting to a total payout of Rs 41.52 lakhs.
Balance Sheet Highlights
As of September 30, 2025:
Total Assets: Rs 3,937.70 lakhs
Total Equity: Rs 1,647.39 lakhs
Current Assets: Rs 3,734.44 lakhs
Current Liabilities: Rs 1,639.72 lakhs
Closing Remarks
Citadel Realty & Developers has demonstrated growth in its financial performance for Q2 and H1 FY26. The increase in operational income and net profit, along with the declaration of an interim dividend, may be seen as positive indicators for the company's shareholders.
The trading window for designated persons of the company will remain closed until November 13, 2025, as per regulatory requirements following the financial results announcement.
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