Forbes & Company Reports Mixed Q2 Results with Real Estate Segment Driving Revenue
Forbes & Company Limited reported a mixed Q2 FY2026 performance with total revenue down to Rs. 2,381.00 lakhs from Rs. 2,585.00 lakhs in Q1. The Real Estate segment emerged as the key revenue driver, contributing Rs. 967.00 lakhs.
Forbes CompanyReal EstateFinancial ResultsQ2 Fy2026RevenueReal EstateNov 07, 2025
For the quarter ended September 30, 2025, Forbes & Company reported a total revenue of Rs. 2,381.00 lakhs, compared to Rs. 2,585.00 lakhs in the previous quarter. The Real Estate segment contributed significantly to this revenue, generating Rs. 967.00 lakhs for the quarter.
The Real Estate division has shown robust performance:
- Quarterly revenue: Rs. 967.00 lakhs
- Half-yearly revenue: Rs. 2,330.00 lakhs
The company recognized revenue of Rs. 306.00 lakhs for the quarter and Rs. 1,112.00 lakhs for the half-year from its real estate project, following the completion of certain milestones as per Ind AS 115.
The Coding and Industrial Automation segment also contributed steadily:
- Quarterly revenue: Rs. 846.00 lakhs
- Half-yearly revenue: Rs. 1,686.00 lakhs
The company's financial performance for Q2 FY2026 is summarized in the table below:
| Particulars (Rs. in Lakhs) | Q2 FY2026 | Q1 FY2026 | H1 FY2026 |
|----------------------------|-----------|-----------|-----------|
| Revenue from Operations | 1,813.00 | 2,203.00 | 4,016.00 |
| Other Income | 568.00 | 382.00 | 950.00 |
| Total Income | 2,381.00 | 2,585.00 | 4,966.00 |
| Profit Before Tax | 800.00 | 453.00 | 1,253.00 |
| Profit After Tax | 604.00 | 397.00 | 1,001.00 |
The company's profit before tax for Q2 FY2026 stood at Rs. 800.00 lakhs, showing an improvement from Rs. 453.00 lakhs in the previous quarter. The profit after tax for Q2 FY2026 was Rs. 604.00 lakhs, up from Rs. 397.00 lakhs in Q1 FY2026.
Other notable developments include:
- The Board of Directors approved the unaudited standalone and consolidated financial results in a meeting held on November 7, 2025.
- Forbes Bradma Optimark Private Limited became a wholly-owned subsidiary effective March 31, 2025, following the termination of a joint venture agreement with MACSA ID S.A.
- The company continues to face challenges with Forbes Technosys Limited, which underwent a corporate insolvency resolution process after the company lost control in March 2025.
Nirmal Jagawat, Whole-time Director of Forbes & Company Limited, stated, 'Our Real Estate segment has shown resilience and continues to be a significant contributor to our revenue. While we face challenges in certain areas, we are focused on strengthening our core businesses and exploring new opportunities for growth.'
Forbes & Company Limited remains committed to navigating the current market conditions and leveraging its diverse portfolio to drive sustainable growth in the coming quarters.
Historical Stock Returns for Forbes & Company:
- 1 Day: +1.97%
- 5 Days: +0.36%
- 1 Month: +2.67%
- 6 Months: +5.13%
- 1 Year: -40.01%
- 5 Years: +725.08%
Frequently Asked Questions
What was Forbes & Company's total revenue for Q2 FY2026?
Forbes & Company's total revenue for Q2 FY2026 was Rs. 2,381.00 lakhs.
Which segment was the key revenue driver for Forbes & Company in Q2 FY2026?
The Real Estate segment was the key revenue driver for Forbes & Company in Q2 FY2026, contributing Rs. 967.00 lakhs.
What was the profit after tax for Q2 FY2026?
The profit after tax for Q2 FY2026 was Rs. 604.00 lakhs.
What significant changes occurred in Forbes & Company's subsidiaries?
Forbes Bradma Optimark Private Limited became a wholly-owned subsidiary effective March 31, 2025, following the termination of a joint venture agreement with MACSA ID S.A.
How did Forbes & Company's stock perform over the past 5 years?
Forbes & Company's stock returns over the past 5 years were +725.08%.
Related News Articles
Residential Housing Demand Surges in Tier II Cities, Sales Up 11% in FY24
Real estate data analytics firm PropEquity reveals that housing sales in top 30 Tier II cities increased by 11% in FY24, driven by lower property prices and growth potential.
Union Budget 2024-25: Real Estate Sector's Expectations for Growth and Stability
Industry leaders highlight the need for enhanced tax incentives, simplified project approvals, and incentives for affordable housing to drive growth and stability in the real estate sector.
Air India's Real Estate Sell-Off Fails to Take Flight
Air India's attempt to sell 56 properties across India has been met with little interest, with less than 10 properties sold so far.
Hyderabad Police Commissioner CV Anand Hears Major Political Rivalry Case
City Police Commissioner and Additional District Magistrate, CV Anand, held a court session to address the longstanding political rivalry between Nampally MLA Mohd. Majid Hussain and MLA contestant Mohd. Feroz Khan.
The Future of Urban Living: Insights into Real Estate Development in India
In major cities like Mumbai, the increasing demand for properties is significantly driving up prices per square foot. Community living is becoming more important as urban areas continue to grow.
Delhi-NCR Office Rent Soars to Rs 340/Sq Ft, Making It 6th Costliest in Asia-Pacific: Report
Delhi-NCR has emerged as the 6th costliest office market in the Asia-Pacific region, with office rent hitting Rs 340 per square foot, according to a recent report by Knight Frank India. The real estate consultant's latest edition of the Asia-Pacific Offic