Modis Navnirman matches full-year FY25 profit in H1 FY26

Modis Navnirman Limited reported unaudited standalone financial results for H1 FY26, ending September 30, 2025, with revenue soaring by 127.72% year-on-year to ₹83.39 crore. Profit after tax (PAT) experienced a substantial 164.54% year-on-year increase, reaching ₹12.01 crore, effectively matching the PAT for the entire FY25. EBITDA also saw a significant jump of 207.28% to ₹16.04 crore, supported by improved margins and better cost control.

The company's area sold grew by 42.50% year-on-year to 28,500 sq. ft. Key operational highlights include the successful handover of 90 homes at "Rashmi Vasudeo" in Borivali (W) and the completed merger of Shree Modis Navnirman Pvt. Ltd. Modis Navnirman remains debt-free, positioning it for future growth and capitalising on Mumbai's rising housing demand.

chairman & managing director dinesh c. modi attributed this strong performance to timely execution, financial prudence, and customer trust, highlighting the company's focused redevelopment strategy across Mumbai's western suburbs. The ongoing migration to the main boards of BSE and NSE is expected to provide broader market access and greater visibility.