IBULLSLTD Indiabulls Q4 FY26 results (Jan–Mar 2026) and concall
Indiabulls Limited reported a strong Q4 FY26, concluding a transformational year post-merger, with FY26 revenue of ₹880.78 crores and PAT of ₹346 crores. The company is now net cash positive with zero debt, focusing on real estate and financial services. Management projects significant growth in real estate profits, expecting them to double in FY27 and triple in FY28, and overall PAT to reach ₹600-700 crores in FY27. The company emphasized its clean structure, strong balance sheet, and extensive real estate pipeline as key drivers for future growth.
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What they filed
Q4 FY26: revenue up 301.0%, net profit up 218.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 115 | 106 | 102 | 92 | 236 +105% | 97 −8% | 409 +301% |
| EBITDA | 12 | 24 | -182 | 14 | 107 +792% | -14 −158% | 170 +193% |
| Net profit | -13 | -3 | -164 | -2 | 75 +677% | 78 +2700% | 194 +218% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





