Arihant Foundations & Housing Limited reported a strong 47% year-on-year increase in consolidated net profit to ₹24.09 crore for Q1 FY27. Driven by ₹135.67 crore in total revenue and ₹168 crore in pre-sales, the Chennai-based developer plans multiple new project launches across South India later this fiscal year.
CHENNAI, India — Arihant Foundations & Housing Limited announced its unaudited consolidated financial results for the first quarter ended June 30, 2026, reporting a 47% year-on-year surge in net profit alongside strong growth in operating metrics. The board of directors approved the results during a meeting held on Friday, August 14, 2026.
The Chennai-headquartered real estate firm reported consolidated revenue from operations of ₹134.24 crore (₹1.34 billion) for the quarter, reflecting a 62.5% expansion compared to ₹82.58 crore recorded in the corresponding period of the previous fiscal year. Total revenue stood at ₹135.67 crore, up 60% year-on-year.
The robust operational performance comes as the developer maintains an ongoing project portfolio valued at a Gross Development Value (GDV) of ₹11,251 crore across approximately 8 million square feet.
Strategic Operational Milestones and Market Factors
During the April–June quarter, Arihant Foundations & Housing Limited achieved pre-sales of ₹168 crore, covering a total area sold of 1.45 lakh square feet. Operational collections reached ₹69 crore for the period.
Management attributed the profit growth to improved operating efficiency, even as sequential quarterly revenue saw a mild 14% decline from ₹157.53 crore reported in Q4 FY26. Company executives noted that residential conversions experienced temporary moderation during the quarter due to buyer caution surrounding regional political events—including the recently concluded Tamil Nadu state elections—and global economic conditions.
"Despite a more measured operating environment during the quarter, the fundamentals of our business remained firmly intact," said Kamal Lunawath, Managing Director of Arihant Foundations & Housing Limited. "Even on a lower revenue base compared to last quarter, we delivered standout profitability, underscoring the efficiency and strength of our operating model."
Detailed Consolidated Financial Breakdown
For the quarter ended June 30, 2026, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 56% year-on-year to ₹37.73 crore, compared to ₹24.19 crore in Q1 FY26.
Total consolidated expenses for the quarter were controlled at ₹104.40 crore. Construction and project expenses accounted for ₹53.49 crore, while finance costs declined to ₹6.13 crore from ₹12.07 crore in the previous quarter.
Standalone Performance Highlights
On a standalone basis, Arihant Foundations reported revenue from operations of ₹45.75 crore for Q1 FY27, compared to ₹53.92 crore in Q1 FY26. Standalone net profit for the quarter stood at ₹2.99 crore, down from ₹4.69 crore recorded in the same period last year. Standalone total expenses were contained at ₹43.65 crore.
Growth Pipeline and Future Outlook
Arihant Foundations remains focused on expanding its residential and commercial pipeline in South India. The company confirmed that multiple large residential projects have either secured approvals or are nearing final clearance from regulatory authorities.
The firm plans to launch these development projects within the current financial year (FY27). The upcoming launches span key segments, including luxury residential, commercial spaces, senior living, and plotted developments across primary markets.
Official Sources Section
Information for this report was gathered from official corporate filings submitted to market exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key documents include the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, the Statutory Auditor's Limited Review Report issued by B.P. Jain & Co., and the company's official corporate press release.
Quote Section
According to official disclosures, management expects upcoming launches to strengthen execution cycles.
"We are pleased to report strong momentum in our development pipeline, with multiple large residential projects having received approvals or nearing final approval," stated Kamal Lunawath, Managing Director. "We expect to launch these projects during the current financial year, positioning us well for sustained growth in sales bookings and revenue."
Why It Matters
The Q1 FY27 results highlight sustained demand across South India's real estate markets despite broader macroeconomic uncertainties and regional election schedules. For investors and home buyers, the developer's expansion plans and project approvals indicate steady supply addition in luxury residential, plotted developments, and senior living verticals across major urban centers.
Key Facts at a Glance
Consolidated Revenue: ₹135.67 crore in Q1 FY27, up 60% year-on-year.
Consolidated Net Profit: ₹24.09 crore, recording a 47% growth compared to Q1 FY26.
Quarterly Pre-Sales: ₹168 crore across 1.45 lakh sq. ft. of area sold.
Current Portfolio: Ongoing project portfolio GDV stands at ₹11,251 crore spanning 8 million sq. ft.
Future Launches: Multiple large residential projects scheduled for launch in FY27 following recent regulatory approvals.
Frequently Asked Questions (FAQ)
What were the key financial results for Arihant Foundations in Q1 FY27?
Arihant Foundations posted a consolidated total revenue of ₹135.67 crore (up 60% YoY) and a net profit of ₹24.09 crore (up 47% YoY) for the quarter ended June 30, 2026.
What were the total pre-sales and collections reported during the quarter?
The company reported quarterly pre-sales of ₹168 crore, with 1.45 lakh square feet sold, and generated collections of ₹69 crore.
What is the current size of Arihant Foundations' project pipeline?
The company holds an ongoing project portfolio with a Gross Development Value (GDV) of ₹11,251 crore, spanning approximately 8 million square feet.
When will new projects be launched by the company?
Management announced that several large residential projects have received approvals or are near final clearance, with launches planned throughout the current financial year (FY27).
Sources: BSE Limited Direct Exchange Filing Desk, Arihant Foundations & Housing Limited Investor Relations