NEW DELHI: Arvind SmartSpaces has announced a significant growth of 159.44% in its net consolidated profit for the quarter ending June 30, 2025. The company’s profit after tax for Q1 FY26 reached ₹11.96 crore, a substantial increase from ₹4.61 crore in the same quarter the previous year, as reported in a BSE filing.
The net consolidated total income for the company was ₹106.39 crore in Q1 FY26, reflecting a growth of 37.79% compared to ₹77.21 crore in the corresponding quarter last year.
Kamal Singal, Managing Director of Arvind SmartSpaces, stated, “In Q1, revenue rose 37% year-on-year to ₹102 crore, adjusted EBITDA surged 205% to ₹24.5 crore, and PAT grew 159% to ₹12 crore. Furthermore, we continue to generate positive operational cash flows, maintaining a strong balance sheet with a net debt of ₹(50) crore. We are actively assessing various business development opportunities and remain confident about sustaining a healthy addition run rate, consistent with our performance over the last couple of years. We are on track to finalize ongoing plans for new projects, which have a cumulative topline potential of ₹5,000 crore across Gujarat, Bengaluru, and MMR.”
The company reported bookings of ₹175 crore compared to ₹201 crore last year, while collections totaled ₹191 crore, down from ₹249 crore in the previous fiscal year.
As of June 30, 2025, the net debt (interest-bearing funds) stood at ₹(50) crore, with a net debt-to-equity ratio of (0.08) compared to 0.04 on March 31, 2025.
