Indiabulls Limited has turned profitable, reporting a consolidated profit of Rs 346.13 crore for FY 2025-26, compared to a loss in the previous year. Following the merger with Dhani Services and Indiabulls Enterprises, the company has announced its 19th Annual General Meeting for September 28, 2026. The firm also reported strong real estate bookings of Rs 2,752 crore, signaling a major operational turnaround under its new corporate structure.
Indiabulls Limited Swings to Profitability in FY26
Consolidated profit reaches Rs 346.13 crore; Real estate bookings hit Rs 2,752 crore.
Reader Takeaway: Profitability returns post-merger, though shareholders should track real estate project execution and integration of digital financial services.
What just happened
Indiabulls Limited released its financial performance for FY 2025-26, highlighting a significant consolidated profit of Rs 346.13 crore, a sharp recovery from the previous year's restated loss of Rs 272.73 crore. Revenue also rose to Rs 880.78 crore. The company has scheduled its 19th Annual General Meeting (AGM) for September 28, 2026, to be conducted via video conferencing.
Why this matters
The results mark the first full year of operations following the October 2025 merger of Dhani Services and Indiabulls Enterprises. This consolidation has streamlined the business, resulting in a cleaner balance sheet and improved operational efficiency. The market is looking to see if this profitability trajectory can be sustained.
Corporate Changes
The company successfully transitioned from 'Yaari Digital Integrated Services Limited' to 'Indiabulls Limited'. Recent board changes include the appointments of Mr. Gurbans Singh as Executive Chairman, Mr. Divyesh B. Shah as CEO, and Mr. Kubeir Khera as Whole-time Director. Additionally, the Board secured shareholder approval for a preferential issue of 51.55 crore convertible warrants at Rs 19.40 per share.
Business Performance
- Real Estate: The division reported bookings of Rs 2,752 crore across 21.6 lakh sq. ft. The company manages a project pipeline with an estimated Gross Development Value (GDV) of Rs 23,608 crore.
- Securities: Indiabulls Securities generated Rs 124 crore in revenue, showing resilience in a moderating trading market.
What to track next
Investors should closely monitor the execution of the 112.2 lakh sq. ft. total saleable area pipeline and the progress on the warrants issuance as these will be key to funding future growth and development activities.