NEW DELHI: Ahmedabad-based Nila Spaces, part of the Sambhaav Group, has reported a growth of 118.45 per cent in its net consolidated profit during the quarter ended December 31, 2025. Its profit after tax stood at ₹8.17 crore in Q3 FY26 as against ₹3.74 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at ₹55.51 crore in Q3 FY26, a rise of 58.28 per cent from ₹35.07 crore it recorded in the similar quarter last year.
Amit R. Chokshi, independent director has resigned as director and consequently ceased to be a director and member of audit committee & stakeholders relationship committee of the company with effect from January 30, 2026.
In a separate development during the quarter, Nila Spaces said it has acquired AIt DRX India, a tokenised digital real estate marketplace, through the purchase of 225 compulsory convertible preference shares at a total consideration of ₹6.03 crore.
The India business of the target entity operates at an annual recurring revenue (ARR) of about $2 million, processes around 25,000 transactions annually, and has raised $4 million in growth capital to date. Upon conversion of the preference shares, Nila Spaces is expected to hold approximately 1.4% of the post-money paid-up equity share capital of the company.
