Results · Financial Services

Square Yards posts fourth straight profitable quarter

By Startup Enthusiast · 3 November 2025

What they do

Square Yards is a real estate and financial services platform

It reported H1 revenue of Rs 833 crore, up 44%, and a profit of Rs 23 crore

Financial services now contribute 60% of total revenue, driving growth

Square Yards reported a profit in the second quarter of FY26, driven by 43% revenue growth.
In the first half of FY26 (April to September 2025), the company posted revenue of Rs 833.2 crore, a 44% increase year-on-year.
Its EBITDA (earnings before interest, taxes, depreciation and amortisation) for H1 was Rs 23 crore profit, compared to a Rs 49 crore loss in the same period last year.
This is the fourth consecutive profitable quarter for Square Yards.
The India business, which is fintech-driven, grew 53% year-on-year and now accounts for 85% of overall revenue.
Financial services contributed 60% of total revenue in H1.
The trailing 12-month revenue crossed USD 200 million, with trailing 12-month EBITDA over USD 13 million.
The company's four-year revenue CAGR (compound annual growth rate) stands at 55%.

Margin improvements came from higher scale and better productivity through tech and non-tech initiatives over the last 18 months.
The PropTech (property technology) arm is expected to accelerate in the second half, supported by seasonal recovery and new product launches.
The shift towards financial services is a key driver of profitability and revenue growth.

The PropTech arm is expected to accelerate in H2, supported by seasonality recovery and new product launches.

Product: based proptech startup
Customers: Home buyers, property developers, real estate brokers, and loan seekers
How it makes money: Earns commissions on primary real estate sales and mortgage disbursements, plus interior design fees
What sets it apart: Full-stack integration covering real estate listings, mortgage distribution, and post-possession interior solutions