has secured a 7.8-acre land parcel in Kukatpally, Hyderabad, with a winning bid of ₹547.78 crore. The project, located near HITEC City, is expected to generate ₹3,800 crore in revenue through premium residential apartments. The e-auction was conducted by Telangana Housing Board. Additionally, the company acquired a 7% stake in Godrej Skyline Developers for ₹9.25 lakh. Quarterly results showed a 15.4% rise in net profit to ₹600 crore, despite a 41% revenue decline to ₹435 crore and an EBITDA loss of ₹243 crore. With sales targets of ₹32,500 crore for FY26, the company aims for ₹21,000 crore in collections. Shares closed 1.45% higher at ₹2,039.2 but remain down 15.2% in the past month and 26.56% year-to-date.

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