Embassy Developments Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
Embassy Developments reported Q4 FY'26 presales of INR2,632 crores, up 89% quarter-on-quarter, and FY'26 presales of INR4,631 crores, up 128% year-on-year, while posting a reported PAT loss of INR872 crores due to revenue recognition timing under Ind AS accounting. Management guided to FY'27 presales of INR6,000 crores from own projects plus INR2,000 crores from development management projects, and collections of approximately INR3,000 crores. The company also reported favourable outcomes in two legal matters, the NCLAT setting aside the CIRP proceedings related to Canara Bank and the Karnataka High Court setting aside the KIADB resumption order on land at Kadugodi.