Veegaland Developers Q2 FY27 Unaudited Results: Revenue at ₹7,432 Lakhs, Profit Before Tax ₹3,445 Lakhs
Veegaland Developers reported Q2 FY27 unaudited results with revenue of ₹7,432 Lakhs and profit before tax of ₹3,445 Lakhs. For H1 FY27, revenue was ₹15,779 Lakhs and profit before tax was ₹6,263 Lakhs. Total assets stood at ₹70,922 Lakhs as of September 30, 2026. The company also provided an update on its IPO proceeds utilization.
The announcement includes financial results and an update on IPO proceeds, which are material to investors. However, it does not contain any extraordinary events that would cause a high impact.
The company reported positive financial results for the quarter and half-year ended September 30, 2026, with growth in revenue and profit. The IPO update also indicates progress in utilizing funds for business development.
Veegaland Developers Limited (formerly known as Veegaland Developers Private Limited) has announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results at a meeting held on November 5, 2026, which commenced at 11:00 AM and concluded at 2:30 PM.
For the second quarter of FY27, the company reported total income of ₹7,432.18 Lakhs and a profit before tax of ₹3,445.44 Lakhs. For the half-year ended September 30, 2026, the total income stood at ₹15,779.02 Lakhs with a profit before tax of ₹6,263.04 Lakhs.
The company also disclosed its financial position as of September 30, 2026. Total assets were reported at ₹70,922.54 Lakhs, while total equity and liabilities amounted to the same figure. Equity share capital was ₹4,875.00 Lakhs, with other equity at ₹43,552.95 Lakhs.
The cash flow statement for the six months ended September 30, 2026, shows net cash generated from operating activities of ₹75.24 Lakhs. Net cash used in investing activities was ₹2,019.68 Lakhs, and net cash generated from financing activities was ₹4,416.37 Lakhs.
Additionally, the company provided an update on its Initial Public Offering (IPO). The IPO of 1,50,00,000 equity shares at an issue price of ₹140 per share, aggregating to ₹21,000 Lakhs, was completed and listed on NSE and BSE on September 18, 2026. The utilization of IPO proceeds as of September 30, 2026, shows ₹11,982.54 Lakhs allocated for funding ongoing projects and ₹6,885.75 Lakhs for unidentified land acquisition and general corporate purposes. Issue expenses amounted to ₹2,443.56 Lakhs.
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Veegaland Developers Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Veegaland Developers Limited. Read the original for the full detail.