Jamshri Realty Returns to Profit with Strong Q1 Performance

01 Sep 2025 CW Team

Jamshri Realty Ltd., a diversified real estate and hospitality firm, has reported its first operational profit since pivoting from textiles in 2018, marking a significant milestone in its strategic transformation. Formerly a textile manufacturer from 1907 to 2018, the company transitioned into property and hospitality development to adapt to evolving industry dynamics and mitigate the effects of the manufacturing slowdown and COVID-19.

In the first quarter of FY 2025–26, Jamshri Realty posted a 5 per cent profit and a 10 per cent quarter-on-quarter revenue increase. Operational revenue rose from Rs 16.84 million in Q4 FY25 to Rs 18.38 million in Q1 FY26, while total consolidated revenue for the quarter reached Rs 22.96 million.

Among its key verticals, the Property and Related Services segment contributed Rs 12.41 million, slightly higher than Rs 12.25 million in the same period last year. Meanwhile, the Hospitality Services division delivered a strong 25 per cent year-on-year growth, rising from Rs 7.38 million to Rs 9.24 million. The company's EBITDA, excluding exceptional items, surged to Rs 10.27 million, nearly doubling from Rs 5.08 million in the previous quarter.

Rajesh Damani, Joint Managing Director of Jamshri Realty, commented:

“This quarter’s performance reflects the momentum we have built in our real estate and hospitality businesses. Our strategic shift has enabled us to tap into growing demand in Tier 2 and Tier 3 cities. We remain optimistic about maintaining this growth trajectory in future quarters.”

The company attributed its improved performance to strong demand in emerging urban markets, increasing aspirations in smaller cities, and a consumption-led recovery in the broader economy. With its renewed focus and strategic positioning, Jamshri Realty aims to further expand its footprint across India’s evolving real estate and hospitality landscape.

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