IRSA Inversiones y Representaciones S.A announces its results for the third quarter of Fiscal Year 2026 ended March 31, 2026
BUENOS AIRES, Argentina, May 6, 2026 /PRNewswire/ -- IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), the leading real estate company in Argentina, announces today its results for the third quarter of the Fiscal Year 2026 ended March 31, 2026.
HIGHLIGHTS
- Net income for the first nine months of 2026 amounted to ARS 239,741 million, compared to ARS 46,497 million in the same period of the previous year, while Adjusted EBITDA from rental segments reached ARS 232,327 million in the first nine months of 2026, increasing 4.6% year-over-year, with solid performance across all three segments: shopping malls, offices, and hotels.
- In the Shopping Malls segment, revenues and Adjusted EBITDA increased by 2.4% and 2.0%, respectively, during the first nine months of fiscal year 2026, driven by higher base rent and other fixed components.
- We maintained 100% occupancy in our premium office portfolio during the third quarter, while the Hotels segment continued to show a recovery in revenue and EBITDA levels.
- During the quarter, we launched a new 15,350 sqm GLA office building at Polo Dot (northern area of the City of Buenos Aires), which will expand and integrate the Zetta building, with Mercado Libre as the main tenant. We also continued advancing the construction of the Distrito Diagonal shopping mall in La Plata and the Del Plata building in downtown Buenos Aires.
- During the quarter, we executed swap agreements for two new lots at Ramblas del Plata for USD 11.3 million and continued advancing infrastructure works at the plot, while awaiting project definition and the start of construction of the first buildings, expected in the next fiscal year.
Financial Highlights
(In millions of Argentine Pesos)
9M FY 2026
Income Statement |
03/31/2026 |
03/31/2025 |
Revenues |
464,366 |
445,596 |
Consolidated Gross Profit |
290,319 |
272,310 |
Net result from changes in the fair value of investment properties |
30,231 |
(188,173) |
Consolidated Result from Operations |
238,531 |
(7,238) |
Result for the Period |
239,741 |
46,497 |
Attributable to: |
||
IRSA's Shareholders |
227,537 |
44,314 |
Non-Controlling interest |
12,204 |
2,183 |
EPS (Basic) |
297.05 |
59.80 |
EPS (Diluted) |
283.71 |
54.31 |
Balance Sheet |
03/31/2026 |
06/30/2025 |
Current Assets |
715,873 |
704,028 |
Non-Current Assets |
3,592,389 |
3,501,443 |
Total Assets |
4,308,262 |
4,205,471 |
Current Liabilities |
445,808 |
423,827 |
Non-Current Liabilities |
1,824,205 |
1,690,248 |
Total Liabilities |
2,270,013 |
2,114,075 |
Non-Controlling Interest |
115,884 |
117,786 |
Shareholders' Equity |
2,038,249 |
2,091,396 |
The Company's market capitalization as of March 31, 2026, was approximately USD 1,314 million. (81,079,712 GDS with a price per GDS of USD 16.21).
IRSA Inversiones y Representaciones S.A. (NYSE: IRS, BYMA: IRSA), the Argentina's largest, most well-diversified real estate company, cordially invites you to participate in its IIIQ FY 2026 Results Conference Call on Thursday, May 7, 2026, at 4:30 PM US Eastern Time / 5:30 PM BA Time.
To access the Webinar:
https://us02web.zoom.us/webinar/register/WN_QLGhMBwxTJKfznXzvPKrqg
Webinar ID: 820 9524 3817
Password: 611121
In addition, you can participate communicating to this numbers:
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Israel: +972 3 978 6688, +972 2 376 4509, +972 2 376 4510
Brazil: +55 11 4632 2237, +55 11 4680 6788, +55 11 4700 9668, +55 21 3958 7888, +55 11 4632 2236
United States of America: +1 564 217 2000, +1 646 931 3860, +1 669 444 9171, +1 669 900 6833, +1 689 278 1000
Chile: +56 22 573 9305, +56 23 210 9066, +56 232 938 848, +56 41 256 0288, +56 22 573 9304
Investor Relations Department.
+ 5411 4323-7449
https://www.irsa.com.ar/en/investors/
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SOURCE IRSA Inversiones y Representaciones S.A.
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