EMAMI Realty Reports FY26 Net Loss of ₹189.47 Crore

Board Approves FY26 Audited Results

The Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 27, 2026. The company published the extract of these audited financial results in newspapers on May 28, 2026, including Business Standard (English, all editions) and Aajkal (Bengali, Kolkata edition).

Loss Widens Significantly

Emami Realty reported a consolidated net loss of ₹18,947.07 lakh for FY26, widening from ₹12,623.76 lakh in FY25, while revenue rose to ₹9,315.63 lakh. The year-on-year loss deterioration reflects persistent operational pressures despite marginal revenue growth.

For the quarter ended March 31, 2026 alone, the company reported a consolidated net loss of ₹6,584.86 lakh, with total revenue for the quarter at ₹7,702.00 lakh. Expenses for the year included project expenses of ₹34,556.38 lakh and finance costs of ₹9,700.36 lakh.

Senior Finance Appointment

The Board appointed Mr. Ram Krishna Agarwal as an Additional Director in the category of Non-Executive Director, effective from July 1, 2026, subject to shareholder approval. Mr. Agarwal, a qualified Chartered Accountant with over 50 years of experience, is a former Managing Partner of S. R. Batliboi & Co. and a former Director of Ernst & Young India Pvt. Ltd. The Board reconstituted its committees effective July 22, 2026. Mr. Agarwal has been appointed Chairman of the Finance Committee and included in the Nomination & Remuneration Committee and Corporate Social Responsibility Committee.

Impairment Provision

The company noted that it assessed the realisable value of loans given, providing for an impairment loss of ₹105.00 crores for the year ended March 31, 2026.

Promoter Share Restructuring

Emami Realty Limited announced an inter-se transfer of 8,88,583 shares among promoter group entities on June 9, 2026. The transfer, exempt from open offer regulations, will not change the total promoter holding of 73.42%. Shares will be moved via gifts and open market transactions at prevailing prices.