During the quarter, the company received RERA approvals for four projects: Embassy Citadel (Worli, Mumbai), Embassy Greenshore (North Bengaluru), Embassy Eden (North Bengaluru), and Embassy Verde Phase II (North Bengaluru), with aggregate GDV exceeding approximately Rs 12,800 crore. The company also secured the Occupancy Certificate (OC) for 239 apartments at Serene Amara, a senior living project being developed in a joint venture with Columbia Pacific Communities in Bengaluru.

Based on current momentum and pipeline visibility, Embassy Developments remains on track to achieve its full-year pre-sales guidance of approximately Rs 5,000 crore for FY26.

As of 31 December 2025, the company’s net institutional debt stood at approximately Rs 2,939 crore.

Embassy Developments is engaged in residential real estate development across affordable, premium, and uber-luxury segments. The company focuses on the construction and development of residential, commercial, and SEZ projects across major Indian metro cities, with a strategic emphasis on the MMR and NCR regions.

The company reported a consolidated net loss of Rs 153.32 crore in Q2 FY26, widening from a net loss of Rs 34.34 crore in Q2 FY25. Revenue from operations rose 3.7% year-on-year (YoY) to Rs 493.11 crore in the quarter ended 30 September 2025.