PIONEEREDGE NEWS SERVICE/ Dehradun
Jamshri Realty Ltd (BSE: JAMSHRI), a leading real estate developer with diversified operations in property-related and hospitality businesses, has reported a strong performance for the first quarter of FY 2025-26, marking its first operational profit since its strategic shift. A textile manufacturer from 1907 to 2018, the company pivoted into real estate and hospitality in November 2018 to adapt to industry changes and counter the manufacturing slowdown and Covid-19 impact. This transition has driven the company’s strong return to profitability.
For Q1 FY26, Jamshri Realty posted a 5 per cent profit alongside a 10 per cent quarter-on-quarter (QoQ) revenue growth. Operational revenue rose from Rs 168.42 lakh to Rs 183.78 lakh QoQ, with total consolidated revenue reaching Rs 229.63 lakh for the quarter. Within its business segments, the Property & Related Services division contributed Rs 124.11 lakh, marginally higher than Rs 122.52 lakh in the same quarter last year, while Hospitality Services recorded a robust 25 per cent year-on-year (YoY) growth to Rs 92.38 lakh from Rs 73.80 lakh. The company’s EBITDA before exceptional items stood at Rs 102.68 lakh, a sharp increase from Rs 50.86 lakh in Q4 FY25.
Commenting on the results, the joint managing director at Jamshri Realty Ltd, Rajesh Damani said, “This quarter’s performance is a clear reflection of the momentum we have begun to build in our real estate and hospitality businesses. Our strategic transformation has positioned us well to capture emerging market opportunities in Tier 2 and 3 cities and we are confident of sustaining this growth trajectory in the coming quarters.”
The strong quarterly performance had been driven by healthy demand in emerging markets, growing aspirations in Tier 2 and 3 cities and a resilient consumption-led economy, Damani added.
