MODIS Modis Navnirman Q2 FY26 results (Jul–Sep 2025) and concall
Modi's Navnirman reported strong H1 FY26 results with significant year-on-year growth in revenue, EBITDA, and PAT, driven by its asset-light redevelopment model. The company achieved key strategic milestones including a subsidiary merger and is progressing towards a main board listing, all while maintaining a debt-free status. Management expressed confidence in sustaining growth through its project pipeline and planned expansion within the MMR.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|
| Revenue | 32 | 20 | 46 | 38 |
| EBITDA | 8 | 3 | 10 | 6 |
| Net profit | 7 | 2 | 7 | 5 |
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.





