Mumbai Hubtown Reports 89 Percent Revenue Surge And 379 Percent Profit Growth FY26

Mumbai-based Hubtown Limited has reported a substantial surge in its financial performance for the second quarter (Q2) and first half (H1) of FY26, signalling renewed momentum in the city’s real estate market. The company posted an 89% year-on-year increase in total income for Q2 to ₹2,632.90 crore, while net profit climbed 65% to ₹316.70 crore.

The half-yearly results were even more striking, with total income up 87.83% to ₹4,983.30 crore and net profit soaring nearly 379% to ₹1,138.80 crore. This exceptional performance highlights Hubtown’s operational resilience amid a volatile macroeconomic climate and a sustained revival in housing demand across India’s metros.A senior company official noted that the strong results were supported by high pre-sales of ₹3,547 crore achieved so far this fiscal year. The company now aims to reach pre-sales of ₹6,000 crore by the end of FY26 through strategic project amalgamations and continued portfolio expansion in Mumbai and Pune.Hubtown has also made major strides in reducing its financial leverage, bringing down its listed entity debt by nearly 69% to ₹1,060 crore. This has strengthened its balance sheet and enhanced investor confidence, particularly at a time when several developers are grappling with rising borrowing costs.

Industry analysts say Hubtown’s performance mirrors a broader uptrend in urban real estate demand, supported by infrastructure growth and steady migration towards city centres. “The company’s disciplined debt management and focus on high-value projects reflect a maturing phase in the Indian real estate cycle,” said an analyst tracking mid-cap developers.Meanwhile, the company’s promoters have released a substantial portion of their pledged shares, reducing encumbrances and simplifying the shareholding pattern. Vyomesh M. Shah’s stake fell from 42.63% to 36.05%, following a 6.58% reduction. Other promoter entities also released portions of their pledged holdings earlier pledged as collateral for loans with Ashika Credit Capital Limited.

The developments come as Hubtown continues to strengthen its project pipeline, including large-scale housing and redevelopment initiatives in Mumbai. The company’s recent ventures, such as the ‘25 West Realty’ project, are designed to align with the city’s need for more sustainable, high-density urban housing models.Hubtown’s Q2 and H1 FY26 results indicate not just financial growth but also a transition towards stability, transparency, and sustainable value creation — all critical for India’s evolving urban real estate ecosystem.

Mumbai Hubtown Reports 89 Percent Revenue Surge And 379 Percent Profit Growth FY26