According to the latest company announcement, Hemisphere Properties India Limited has approved its unaudited standalone financial results for Q1 FY27 on August 11, 2026. The Board of Directors met on Tuesday, August 11, 2026, to consider and approve the results for the quarter ended June 30, 2026. The company reported a net loss of ₹320.24 lakh for the quarter, with total income of ₹78.89 lakh and total expenses of ₹399.13 lakh. As per the company's announcement, M/s Aggarwal & Rampal, Chartered Accountants, have issued an unmodified Limited Review Report on these results, confirming their adherence to accounting standards and regulations.
The company's sales declined by 37.50% to ₹0.15 crore in Q1 FY27, down from ₹0.24 crore in the same quarter of the previous financial year. This significant revenue contraction reflects challenging market conditions and reduced business activity during the quarter. The Earnings Per Equity Share (Basic and Diluted) were reported at ₹0.11 for the quarter. The revenue decline aligns with broader market trends affecting the real estate sector, though the company continues to focus on operational efficiency improvements.
According to the latest financial data, the company's operating profit margin (OPM) remained negative at -1080% in Q1 FY27, compared to -941.67% in the corresponding quarter of the previous year. The PBDT (Profit Before Depreciation and Tax) declined by 22% to ₹-3.17 crore from ₹-2.60 crore year-on-year, while PBT (Profit Before Tax) also decreased by 21% to ₹-3.20 crore from ₹-2.64 crore. The total comprehensive income for the period stood at ₹320.24 lakh.
A significant development during the quarter was the company's e-auction conducted on May 12, 2026, for a land parcel in Pune, Maharashtra, where Hypervault AI Data Center Limited emerged as the successful bidder for ₹640.50 crore. As per the company's announcement, this transaction represents a major business development for the real estate company. The company is engaged in the Real Estate business, and its results are considered to constitute a single reportable primary business segment.
