For the first half of the year (Apr – Sep 25), the revenue jumped to Rs 833.2 crore up by Rs 44% YOY with EBITDA at Rs 23 crore as against Rs 49 crore loss in the same period last year.
Financial services contributed 60% of total revenue in H1, while PropTech arm is expected to accelerate in H2, supported by seasonality recovery and new product launches.
The India business, driven by the fintech segment, grew 53% year-on-year and now contributes 85% of overall revenue.
“This is Square Yards’ fourth profitable quarter in a row, with trailing 12-month revenue surpassing USD 200 million and EBITDA over USD 13 million. The company’s best performing season is still ahead (H2), and our four-year revenue CAGR stands at an impressive 55%. These improvements in margins have come on the back of higher scale and improved productivity aided by the various tech and non-tech initiatives taken over the last 18 months,” said Tanuj Shori, Founder and CEO, Square Yards.
Square Yards reported a strong 75% year-on-year (YoY) growth in Gross Transaction Value (GTV) for Q2 FY26, primarily driven by continued momentum across its real estate and financial services segments. The company’s revenue grew 43% YoY, reflecting sustained business expansion, while gross profit rose sharply by 72% YoY, supported by a 320-basis points improvement in gross margin to 19%.Revenue growth across key segments remained robust in Q2 FY26. The company’s overall revenue increased 43% year-on-year, driven by strong momentum across its business lines. India operations led this growth with a 53% YoY rise in revenue, continuing to account for a dominant share of the company’s performance.Financial services remained a key growth engine, supported by healthy traction in real estate services and digital initiatives. India business (led by fintech) outgrew overall growth (53% Y-Y) and accounts for 85% of the overall pie.