Omaxe Q2 FY27 Results: Consolidated Net Loss ₹25.55 Crore on Total Income of ₹614 Crore

Earnings
Real estate

Blacklitt Research27 October 20263 min read

Omaxe (NSE: OMAXE) reported a consolidated net loss of ₹25.55 crore and total income of ₹613.91 crore for the quarter ended 30 Sep 2026, while standalone net profit was ₹50.49 crore on total income of ₹310.40 crore, it said in a filing on 27 Oct 2026. The results are unaudited and were reviewed by the statutory auditors.

Key highlights

Consolidated

Including its subsidiaries

Total income: ₹613.91 crore, up 77.2% YoY and 39.9% QoQ
Net profit: Loss of ₹25.55 crore; loss of ₹25.14 crore attributable to owners
EPS: Basic loss of ₹1.37 per share, against a loss of ₹9.11 a year earlier
Finance costs: ₹36.60 crore, down 43.4% YoY and up 35.2% QoQ

Standalone

The company on its own, without its subsidiaries

Total income: ₹310.40 crore, up 288.1% YoY and 219.9% QoQ
Net profit: ₹50.49 crore profit, against a loss of ₹50.49 crore a year earlier
EPS: Basic earnings of ₹2.76 per share
Other income: ₹85.37 crore, 27.5% of total income

Summary

Consolidated ₹ crore
Particulars	Q2 FY27	Q2 FY26	YoY	Q1 FY27	QoQ
	613.91	346.36	+77.2%	438.94	+39.9%
Revenue from operations	575.51	320.82	+79.4%	406.17	+41.7%
Other income	38.40	25.54	+50.4%	32.77	+17.2%
	-25.55	-166.42	+84.6%	1.30	n/a
Profit before tax	-7.08	-216.46	+96.7%	5.13	n/a
Finance costs	36.60	64.68	-43.4%	27.08	+35.2%
Depreciation	9.31	8.26	+12.7%	7.88	+18.1%
Tax expense	18.07	-49.96	n/a	3.83	+371.8%
Net profit margin	-4.16%	-48.05%	+43.89 pp	0.30%	-4.46 pp
EPS, basic (₹)	-1.37	-9.11	+85.0%	0.05	n/a

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Consolidated total income rose 77.2% YoY, while net profit moved from a loss of ₹166.42 crore to a loss of ₹25.55 crore. Revenue from operations grew 79.4%, faster than other income at 50.4%, so the top line is mainly operating income. Other income of ₹38.40 crore is 6.3% of total income this quarter.

Finance costs of ₹36.60 crore are 6.0% of total income, down from ₹64.68 crore a year earlier. The consolidated tax expense was ₹18.07 crore, against a credit of ₹49.96 crore in the year-earlier quarter, which left the pre-tax loss of ₹7.08 crore larger after tax than before it.

The consolidated figures include unaudited results of 144 group companies and two associates. The auditors did not review interim results of 144 entities under significant control and two associates, which had total assets of ₹41.24 crore. The auditors' limited review report on the consolidated results is unmodified.

Standalone ₹ crore
Particulars	Q2 FY27	Q2 FY26	YoY	Q1 FY27	QoQ
	310.40	79.98	+288.1%	97.02	+219.9%
Revenue from operations	225.03	63.51	+254.3%	75.82	+196.8%
Other income	85.37	16.47	+418.3%	21.20	+302.7%
	50.49	-50.49	n/a	-31.88	n/a
Profit before tax	68.91	-65.89	n/a	-40.82	n/a
Finance costs	14.63	37.47	-61.0%	7.90	+85.2%
Depreciation	4.35	4.64	-6.3%	4.32	+0.7%
Tax expense	18.42	-15.40	n/a	-8.94	n/a
Net profit margin	16.27%	-63.13%	+79.39 pp	-32.86%	+49.13 pp
EPS, basic (₹)	2.76	-2.76	n/a	-1.74	n/a

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Standalone net profit of ₹50.49 crore compares with a loss of ₹50.49 crore a year earlier and a loss of ₹31.88 crore in the June quarter. Total income of ₹310.40 crore is well above the ₹79.98 crore of the year-earlier quarter, and other income of ₹85.37 crore is 123.9% of the pre-tax profit of ₹68.91 crore.

Standalone tax expense was ₹18.42 crore, which is 26.7% of pre-tax profit. The company's standalone results include a deferred tax charge of ₹16.55 crore.

Consolidated net profit is ₹76.04 crore lower than standalone net profit, and consolidated total income is ₹303.51 crore higher than standalone. The real estate business is the only reportable segment, according to management.

Inference

The filing reports two regulatory matters. The Securities Appellate Tribunal, Mumbai, dismissed an appeal by the company and others against a SEBI order dated 30 Jul 2024, and the company has filed a review application. SEBI, by order dated 24 Sep 2026, passed directions against the company over alleged non-compliance with Minimum Public Shareholding requirements; the company says it is examining the order and evaluating legal remedies. The company says neither matter is expected to have a material impact on its results or position. The amount of any penalty and the reason for the year-on-year swing in profit are not stated in the filing.

Reference: Original filing (PDF)

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Omaxe Q2 FY27 Results: Consolidated Net Loss ₹25.55 Crore on Total Income of ₹614 Crore

Key highlights

Consolidated

Standalone

Summary

Inference

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