{
  "id": 17769347,
  "title": "Nirlon Reports Q2 Net Profit Of ₹71.90 Crore On Revenue Of ₹174.10 Crore",
  "url": "https://urgent.news/2026/11/02/nirlon-reports-q2-net-profit-of-71-90-crore-on-revenue-of-174-10-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T08:12:17.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nirlon-reports-q2-net-profit-of-7190-crore-on-revenue-of-17410-crore"
  },
  "original_language": "en",
  "account": "Commercial real estate firm Nirlon Limited disclosed on Tuesday that its net profit for the second quarter of the current financial year fell 51.3% year-on-year to ₹71.90 crore, despite a modest uptick in revenue and operating earnings. The Mumbai-based developer reported total income of ₹174.10 crore for Q2 FY27, marking a 3.1% rise from ₹168.90 crore in the same quarter last year. License fee income, a crucial revenue source for Nirlon, climbed 2.4% YoY to ₹149.90 crore. However, the company's earnings before interest, tax, depreciation, and amortisation (EBITDA) also grew 2.7% to ₹136.50 crore, up from ₹132.90 crore in the previous quarter. While Nirlon's overall financial performance displayed positive trends, net profit and diluted earnings per share (EPS) witnessed steep declines, with EPS dropping to ₹7.98 from ₹16.39 in Q2 FY26.",
  "summary": "Mumbai: Commercial real estate developer Nirlon Limited reported a 51.3 per cent year-on-year (YoY) decline in net profit to ₹71.90 crore for the second quarter of the financial year 2026-27 (Q2 FY27), compared with ₹147.70 crore in the corresponding quarter of the previous financial year. Despite the sharp fall in quarterly profit, the company's total income, license fee earnings and operating…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}