Square Yards announces Rs 2,086 crore revenue for FY26

Real estate firm Square Yards has reported revenue of Rs 2,086 crore for FY26, reflecting a 48% year-over-year growth. The company's EBITDA surged 3.7 times to Rs 176 crore, with margins expanding to 8%. India accounted for 88% of the total revenue.

Square Yards, a real estate platform operating in markets including Bangalore, Mumbai, Pune, and Delhi NCR, announced its financial results for FY26. The firm achieved revenue of Rs 2,086 crore, up 48% from the previous year. This growth underscores the robust performance in India's real estate sector, which remains the company's primary market, contributing 88% of overall revenue. EBITDA for the year reached Rs 176 crore, marking a 3.7-fold increase. Margins improved significantly to 8%, highlighting enhanced operational efficiency. The announcement, as covered by The Economic Times, points to Square Yards' strengthening position amid favorable market conditions in India. No further details on profitability or future outlook were provided in the initial disclosure. The results position Square Yards as a key player in the competitive Indian real estate landscape.

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Adobe reports record Q2 revenue and raises full-year guidance

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Adobe posted strong second-quarter results for fiscal 2026, with revenue reaching a record $6.62 billion. The company beat estimates and increased its full-year revenue outlook amid accelerating AI-driven growth.

Steel Authority of India posted a sharp increase in net profit for the fourth quarter of fiscal 2026. Consolidated profit after tax climbed 47% year on year to 1,835 crore rupees. Revenue grew 5% over the same period.

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Birla Corporation reported a 15% year-on-year increase in net profit for the March-ended quarter. Revenue rose modestly while the company announced a dividend payout.

Nine BSE smallcap companies delivered standout performances in the March 2026 quarter, with net profits surging over 50% year-on-year and share prices rising 50% to 170% in the past year. Four of these stocks became multibaggers, more than doubling investor returns. Data from ACE Equity highlights the momentum amid mixed results from 168 reporting firms.

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Multi Commodity Exchange of India posted a sharp rise in earnings for the quarter ended March. Consolidated net profit reached 530 crore rupees, up 291 percent from the prior year. The exchange also announced a dividend of 8 rupees per share.

India's economy expanded 7.8 percent in the March quarter, beating forecasts and lifting full-year growth for fiscal 2026 to 7.7 percent. The result was supported by strong private investment and consumption.

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Reliance Industries has become the first Indian company to surpass $10 billion in annual profit, reporting a record net profit of Rs 95,610 crore for FY26. The conglomerate's consumer businesses, including Jio and Reliance Retail, drove robust growth despite a quarterly dip in its oil-to-chemicals segment. Reliance Retail has now crossed 20,000 stores.

 

 

 

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