Arvind SmartSpaces Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company’s consolidated net profit for the fourth quarter of FY26 surged by approximately 102.94% to ₹44.16 crore, compared to ₹21.76 crore in the corresponding quarter of the previous year. During the same period, the consolidated total income for the quarter stood at ₹163.53 crore, representing a decline of 6.09% from ₹174.14 crore in the corresponding quarter of the previous year. A comparative analysis of the financial results is presented below:
| Particulars | Q4 FY26 (Rs. Cr) | Q4 FY25 (Rs. Cr) | YoY Change (%) |
|---|---|---|---|
| Revenue (Total Income) | 163.53 | 174.14 | -6.09% |
| Net Profit | 44.16 | 21.76 | +102.94% |
Arvind SmartSpaces Limited (ASL), established in 2008 and headquartered in Ahmedabad, is the real estate development arm of the Lalbhai Group. The company specializes in residential, commercial, and industrial developments, with a strategic focus on design-led horizontal projects, such as plotted developments and villas, as well as vertical projects like apartments. Operating across key markets including Ahmedabad, Bengaluru, Pune, and the Mumbai Metropolitan Region (MMR), the company utilizes an asset-light model, often through joint development agreements. In recent developments during 2025 and 2026, the company entered the society redevelopment segment in Mumbai and signed major projects in Bengaluru and Goregaon. Additionally, in May 2026, the company entered into an agreement to create a new investment platform with HDFC Capital Advisors to facilitate project funding.
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