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Embassy Developments will hold a meeting of the Board of Directors of the Company on 6 July 2026.

Embassy Developments announced the award of a major construction contract valued at over Rs 850 crore to Leighton Asia, part of the CIMIC Group, for Embassy Citadel, the Company`s landmark ultra-luxury residential development in Worli, Mumbai. The scope of work covers the complete civil and structural works package for the project. Embassy Citadel marked Embassy Developments` strategic expansion into Mumbai`s residential market. Located on Dr. Elijah Moses Road in Worli, the ~1.6 million sq. ft. development has an estimated gross development value of Rs 8,800 crore and will comprise 316 residences across 3, 4 and 5 bedroom configurations, along with two exclusive triplex mansion homes. The project also features ~1 lakh sq. ft. of amenities across seven lifestyle floors and a 79th-floor Sky Lounge. Rising approximately 300 metres, the single-tower development is designed as a vertically integrated luxury ecosystem centred around wellness, hospitality-inspired living, and multi-generational community spaces.

Net loss of Embassy Developments reported to Rs 323.78 crore in the quarter ended March 2026 as against net profit of Rs 129.53 crore during the previous quarter ended March 2025. Sales declined 61.47% to Rs 342.46 crore in the quarter ended March 2026 as against Rs 888.89 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 872.65 crore in the year ended March 2026 as against net profit of Rs 199.60 crore during the previous year ended March 2025. Sales declined 20.54% to Rs 1731.83 crore in the year ended March 2026 as against Rs 2179.50 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales342.46888.89 -61 1731.832179.50 -21 OPM %-76.240.88 --27.357.50 - PBDT-336.30162.68 PL -849.6170.08 PL PBT-348.91157.26 PL -897.4855.32 PL NP-323.78129.53 PL -872.65199.60 PL Powered by Capital Market - Live News

Embassy Developments will hold a meeting of the Board of Directors of the Company on 20 May 2026.

Embassy Developments announced the sale of over 500 units of Embassy Verde Phase II, the latest residential offering within North Bengaluru`s master-planned community, Embassy Springs. The project achieved a topline of approximately Rs 495 crore in just 4 days. Located in close proximity to Kempegowda International Airport, the project benefits from Embassy Springs` ecosystem of lush landscapes, social infrastructure including Embassy Academy - a CBSE affiliated school within the development, and its excellent connectivity.Powered by Capital Market - Live News