Sri Lotus Developers Reports 36% Profit Drop in Q1 FY26 Post IPO, ETRealty

NEW DELHI: Sri Lotus Developers and Realty Ltd has reported a 36 per cent decline in consolidated net profit at Rs 25.78 crore in the first quarter of this fiscal.

Its net profit stood at Rs 40.16 crore in the year-ago period.

Total income also fell to Rs 68.09 crore in the April-June quarter of this fiscal, from Rs 122.46 crore in the corresponding period of this fiscal year, according to a regulatory filing on Tuesday.

Earlier this month, Sri Lotus Developers and Realty Ltd got listed on the stock exchanges after the successful launch of its Initial Public Offering (IPO).

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