November 4, 2025

Square Yards is making big waves again! In the second quarter of FY26, its revenue soared by 43% year-on-year to a stunning ₹455.5 crore. The magic behind this fantastic jump? Fintech power and fiery growth in its India operations. This is no one-time show. For the first half of the year (April to September 2025), the company recorded ₹833.2 crore in revenue, up 44% compared to last year. The best part? They turned profitable with an EBITDA of ₹23 crore, a sharp turnaround from a ₹49 crore loss during the same period last year. Cash is king! Financial services made up 60% of the total revenue in the first half, while the PropTech segment is gearing up to take off in the second half, with new products and a seasonal business boost. India is the superstar, thanks to fintech. The India business revenue shot up 53% year-on-year and now forms 85% of the whole pie. Tanuj Shori, Founder and CEO of Square Yards, proudly said, "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." Hold on, there’s more! Gross Transaction Value (GTV) rocketed by 75% year-on-year in Q2 FY26. The overall revenue growth of 43% was backed by a strong 72% rise in gross profit and a 3.2% increase in gross margin, reaching 19%. All key segments showed strong numbers with continued momentum across real estate and financial services. The fintech-led India business led this surge, proving its might in the company's performance story. Square Yards’ growth journey is shining bright, showcasing a perfect blend of tech, finance, and real estate to carve a path bursting with potential and profits!

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Tags: Square Yards, Revenue growth, Fintech, India business, Real estate, Profitability,