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Suraj Estate Developers Q3 FY26 results (Oct–Dec 2025) and concall

Realty · Concall AI · Call held 29 Jan 2026

Suraj Estate Developers reported a robust Q3 FY26, marked by substantial growth in sales value and area, largely driven by the successful launch of Suraj One Business Bay and strong demand in the Mumbai office market. The company maintained its FY26 presales guidance and highlighted a healthy net debt position. However, 9M FY26 EBITDA saw a slight dip, and a project delay for Palette was noted, alongside the unlikelihood of INR 50 crores in warrants converting.

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What they filed

Q3 FY26: revenue down 38.7%, net profit down 59.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue104 142 130 127 141 +36%87 −39%
EBITDA53 34 5 35 50 −6%11 −68%
Net profit32 22 10 24 36 +13%9 −59%
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.