Hubtown reported fourth quarter and full year results for the year ended 31 March 2026, outlining proforma operational metrics and consolidated financials. For clarity, the release defines million (mn) and billion (bn); figures converted from crore are presented in these units. The company is a Mumbai-based real estate developer focused on premium residential and commercial projects. Proforma pre-sales stood at Rs. 43.82 billion (bn) and proforma collections at Rs. 19.10 billion in FY26. Consolidated total income for FY26 was Rs. 8.33 billion, with revenue from operations of Rs. 6.44 billion, representing year-on-year growth. Profit before tax rose to Rs. 1.88 billion and profit after tax to Rs. 1.68 billion, with PBT margin at 29 per cent and PAT margin at 26 per cent. Q4 total income was Rs. 2.03 billion, and Q4 profit before tax was Rs. 0.36 billion. The company reported proforma unrecognised revenue of Rs. 113.65 billion, which it said provides visibility on near-term cash flows. Management noted that it received National Company Law Tribunal approval for the amalgamation of entities related to the 25 West and Rising City projects and is awaiting approvals for mergers involving the 25 South and 25 Downtown developments. The company indicated that the integration is expected to enhance scale, improve operating efficiencies and unlock value across its Mumbai development portfolio. Looking ahead, the group intends to monetise its land bank and development pipeline through subsequent phase launches across Mumbai and Thane and premium offerings. It has set a target of proforma pre-sales of Rs. 60.00 billion and cash collections of Rs. 30.00 billion for FY27 and continues to emphasise disciplined execution and capital efficiency. Management emphasised capital discipline and customer focus strongly. The release also cautioned that forward-looking statements involve risks and uncertainties which may cause actual results to differ materially.