Mumbai, July 22 -- Profit before tax (PBT) dropped 34.6% to Rs 506.96 crore in Q1 FY26 compared with Rs 775.03 crore in Q1 FY25.

Total expenses fell 14.26% to Rs 573.78 crore in Q1 FY26 compared with Rs 669.18 crore posted in same quarter last year. Land Development rights, construction and other cost stood at Rs 625.99 crore (up 86.51% YoY), employee benefit expenses was at Rs 32.14 crore (up 22.77% YoY) and finance cost (up 27.27% YoY) during the period under review.

Meanwhile, the company's board declared a interim dividend of Rs 2 per equity share with a face value of Rs 10 each. Further, July 25, 2025 shall be the record date for the purpose of payment of the said interim dividend and the dividend shall be paid on or before August ...